Details

Salary and Benefits

MVR 20,000

Job Description

Fahi Dhiriulhun Corporation is looking to recruit for the below-mentioned vacancies. The TOR for the positions is attached with this announcement. Interested candidates are invited to submit their applications by clicking the link detailed below.

 

Post: Islamic Finance and Shariah Consultant

Vacancies: 1

Application form link:

https://forms.gle/z7xhk8NYDqAQLchH9

Deadline: Before 03 January 2024 (16:00 HRS)

Submission details: Where applicants are unable to submit via link provided, please email completed applications to [email protected]. Additionally, the priority would be focused on locals.

Should you require any more information, please contact us on 7318778 or mail [email protected] between 08:00 AM to 04:00 PM on working days.

RESPOSIBLITIES AND OBJECTIVES:

• Assess and ensure the Shariah compliance of existing financial products, services, and operations.
• Provide expert advice on structuring new Islamic financial products and services.
• Conduct training sessions for relevant staff to enhance their understanding of Shariah principles in finance.
• Review and enhance internal policies and procedures to align with Shariah requirements.
• Assist in the development of Shariah-compliant investment strategies and financial instruments.

DELIVERABLES:

Shariah Compliance Review:

• Conduct a comprehensive review of existing financial products and services to ensure Shariah compliance.
• Provide recommendations for rectifying any non-compliance issues.

Product Development:

• Work closely with the product development team to structure new Islamic financial products within the given time frame.
• Ensure that product documentation adheres to Shariah principles.

Training and Capacity Building:

• Develop and deliver training sessions on Islamic finance principles for relevant staff.
• Provide ongoing support and guidance to enhance the organization's overall understanding of Shariah compliance.

Policy and Procedure Enhancement:

• Review existing policies and procedures to identify areas for improvement in line with Shariah requirements.
• Propose amendments and additions to ensure strict adherence to Islamic finance principles.

Advisory Services:

• Provide ongoing advisory services to the organization on matters related to Islamic finance.
• Stay in on of developments in Shariah standards and regulations.

Workflow:

• Discuss with the relevant departments to finalize and submit the consultancy workflow plan within the initial month of the contract.
• Act as a representative of FDC to engage in meetings addressing the pertinent subject matter and participate in other essential discussions related to Islamic finance.

REQUIREMENTS

1. MQA level 9 qualification in Islamic Finance, Shariah Law, or any other relevant field.

          and

2. Experience of 6 (six) years or more in Shariah compliance within the context of financial field.

SKILLS AND COMPETENCIES

• Experience in structuring Islamic finance products and possessing a solid understanding of the related laws and regulations in the Maldives.
• Proficiency in MMA and CMDA policies and regulations on financial and treasury instruments.
• Strong communication and interpersonal skills.
• Ability to develop Shariah compliant models and deliver within reasonable time frames.
• Knowledge of Shariah compliant investments and financial instruments.

Requirements and Qualifications

Minimum Experience

6 Years

Minimum Qualification

Master’s Degree

Documents to Submit

Documents

• 1. Online Application form
• 2. Curriculum Vitae
• 3. ID Card Copy / Passport Copy
• 4. Copies of educational certificates (Accreditation and attestation – optional)
• 5. Previous employment reference letters (letters must include name of the organization, post/designation, duration of employment, and summary of responsibilities/works carried out) - optional.

Other Information

Employment Type

• Contract

Field of work

• Business Administration and Law