Shariah Head
Job Summary
The Shariah Head is responsible for ensuring that all Islamic banking products, services, and operations comply with Shariah principles. This includes advising on product structuring, overseeing Shariah governance, and ensuring regulatory compliance.
Duties & Responsibilities
Shariah Compliance & Governance
- Ensure all bank products and services comply with Islamic financial principles.
- Develop and implement a Shariah compliance framework for the bank.
- Establish policies and procedures to align with Shariah regulations and the Afghanistan Central Bank’s Islamic Banking Guidelines.
- Identify Shariah non-compliance risks and recommend corrective actions.
- Monitor the rectification of Shariah audit observations and report non-compliance cases to the Shariah Board.
- Advise on the strategic transition of the bank from a conventional/Islamic window model to a fully Shariah-compliant bank.
- Develop a comprehensive Shariah conversion framework to ensure all existing products, contracts, and services align with Islamic finance principles.
- Coordinate with relevant regulatory authorities (e.g., Central Bank) to obtain necessary approvals and certifications for full-fledged Islamic banking operations.
- Assist in structuring alternative Shariah-compliant financial instruments to replace non-compliant assets and liabilities.
Product Development & Advisory
- Provide Shariah guidance on the development of Islamic banking products (Murabaha, Ijarah, Mudarabah, etc.).
- Review contracts, policies, and operational models.
- Coordinate with business units to develop innovative Shariah-compliant financial solutions.
Shariah Board Liaison
- Act as the primary contact between the bank and the Shariah Board (SB).
- Arrange and document Shariah Board meetings, ensuring compliance with their rulings.
- Implement the resolutions and recommendations provided by the Shariah Board.
Training & Awareness
- Conduct training sessions for bank staff on Islamic banking principles.
- Educate customers on Islamic financial products and their compliance with Shariah.
- Develop training materials and manuals for internal use.
Regulatory & Risk Management
- Ensure compliance with Islamic banking regulations set by the Da Afghanistan Bank (DAB).
- Mitigate risks related to non-compliance with Shariah principles.
- Monitor industry trends and regulatory changes impacting Islamic banking.
Job Requirements
Education & Qualifications
- Master’s Degree in Islamic Jurisprudence (Fiqh al-Muamalat) or Islamic Law and Fiqh.
- Certification in Islamic Finance (e.g., AAOIFI, CIPA, CSE) is preferred.
Experience
- Minimum 8–10 years of experience in Islamic banking, with at least 3 years in a leadership role.
- Proven expertise in Islamic financial products and services.
Skills & Competencies
- Strong knowledge of Shariah principles and Islamic banking regulations.
- Excellent understanding of financial risk, governance, and compliance frameworks.
- Excellent communication skills to liaise with stakeholders and regulators.
- Strong advisory and audit experience in ensuring Shariah compliance.
- Strong leadership and negotiation skills.
- Ability to work with Shariah scholars and regulators.
- Strong English language skills, in addition to national languages (Pashto and Dari).
Submission Guideline
- Please mention the specific job title and vacancy number in the subject line of your email; otherwise, your application will not be considered.
- Applicants who meet the above requirements should submit their updated Curriculum Vitae (CV) to sr.recruitment-officer@ghazanfarbank.com.
- Applicants must CC the entire email address of info.ibfd@dab.gov.af; otherwise, applications will not be considered.
- Applications received after the deadline will not be considered.
- Only shortlisted candidates will be contacted for further process.
Submission Email
To: (sr.recruitment-officer@ghazanfarbank.com) GB/HRD/14
CC: (info.ibfd@dab.gov.af)
Duties & Responsibilities
1.Seek opportunities for the branch business development within the related area.
2. Make important policy, planning, and strategy decisions.
3.Responsible for heading up the expansion in new markets as well as continued expansion among existing clients.
4. Building relationship with existing clients in an attempt to increase their current spend.
5. Driving peak performance and sales success across the branch area.
6. Ensuring all administration for sales is completed effectively.
7. Achieving approved business targets related to branch for the financial year.
8. Reporting from progress of sales in an ongoing process.
9. Visiting of new customer on daily basis.
10. Attending to the events, conferences with the prior approval of line manager.
11. Build a strong networking with the businessmen in the area.
12. Maintaining and retaining the existing customers of the branch.
13. Identifying sales opportunities in the market.
14. Acting as a key contact for large customer accounts.
15. Providing daily, weekly, monthly, quarterly and yearly report to the line manager.
16. Making the brand image of GB in the related branch area.
17. Monitoring customer’s transaction closely for purpose of customer retention.
18. Seeking customers need and satisfactions from GB services.
19. Growing banks number of accounts.
20. Marketing branch within the community to attract business.
21. Managing and oversees all banking policies, procedures and process.
22. Any other responsibility which will be assign by line manager.
23. Must manage the internal controls of the Branch properly and in line with the policies and procedures of the Bank.
24. To ensure that all the Bank Operational and other related Manuals and circulars are strictly followed.
25. To ensure that all the directives with regards to Anti Money Laundering are strictly observed and reporting about suspicious and large transactions is made to the respective department timely and accurately.
26. To ensure that Key Registers for the Vault and Safe Keys are properly maintained and updated.
27. Must ensure that the Branch always remain complied to all the rules, regulations, instructions and guidelines provided by the management through CEO, COO or Compliance Department. Must also ensure that all the required statements/returns from the Branch are submitted to the concerned departments accurately and within the given time frame.