Job Position: Senior Manager – Shari’a
Job Description: Noor Bank – Dubai – The Role: Work closely with different units in the group in order to provide Shari’a opinion and solutions and to ensure the products are in compliance with Shari’a rules and principles. In addition to performing Sharia trainings and periodic Shari’a Audit reviews on different departments in the Noor Investment Group and its Subsidiaries ( Noor Bank , Noor Takaful , Noor Awqaf and Noor Trade) Key Responsibilities: Provide guidance and assistance to fellow Sharia Managers within the Department in conducting their daily tasks, assignments, roles and responsibilities. Provide advice and direction regarding structures, process flows, legal documents and Shari’a issues arising in new product development initiatives. Review new legal documents and modifications to existing legal documentations of Noor Investment Group products including syndication deals to ensure compliance to the Shari’a requirements. Handle Shari’a queries from Noor Investment Group departments and discussing it with Head of Shari’a in order to provide feedback. Review the structure and legal documents of syndicated transactions and Sukuk whether Noor Bank is acting as the structuring agent and participant or investor in those arrangements before submission to the Fatwa & Shari’a Supervisory Board for approval. Prepare Shari’a Board communications and discuss them with the Head of Shari’a before submitting to the Shari’a Board for approval. Participate in the Fatwa & Shari’a Supervisory Board (FSSB) meetings and organize them as per the FSSB members’ schedules. Prepare Shari’a Audit plan on an annual basis and meet with different departments for Shari’a Audit purposes. Conduct Shari’a Audit fieldwork on different departments of Noor Bank and Noor Takaful companies and prepare Shari’a Audit reports highlighting the findings and the recommendations of the Shari’a auditor. Discuss the Shari’a Audit Report with the Head of Shari’a and submit a copy to the Shari’a …see more details
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