Mashreq

Auditor – Internal Shariah Audit

Mashreq  •  United Arab Emirates (Onsite)  •  16 days ago
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Job Description

The Auditor – Sharia Audit Department is responsible for examining and evaluating the adequacy and effectiveness of Shari’ah governance frameworks and internal control systems across Islamic businesses, branches, departments, and activities. The role ensures compliance with Shari’ah resolutions, guidelines, and instructions issued by the Internal Shari’ah Supervision Committee (ISSC) and the Central Bank of the UAE Higher Shari’ah Authority (CBUAE HSA).

Key Responsibilities

  • Conduct Shari’ah audit examinations to assess compliance of products, services, operations, and processes with approved Shari’ah standards, resolutions (Fatawa), and regulatory requirements.
  • Evaluate the effectiveness of Shari’ah governance arrangements and internal control systems across Islamic business units and related activities.
  • Identify Shari’ah non-compliance issues, control gaps, and risks, and provide practical recommendations for remediation.
  • Assist the Audit Manager / Head of Internal Sharia Audit in planning and executing Shari’ah audit assignments in accordance with approved audit methodologies.
  • Support the preparation of quarterly Shari’ah audit reports and presentations for the Board Audit Committee (BAC), Internal Shari’ah Supervision Committee (ISSC), and periodic review meetings with the CEO.
  • Maintain appropriate audit documentation and working papers in line with internal standards and regulatory requirements.
  • Coordinate with business units and relevant stakeholders to follow up on corrective actions and ensure timely closure of audit findings.
  • Stay updated on developments in Islamic finance, Shari’ah standards, and CBUAE regulations relevant to Shari’ah governance and audit.

Qualifications & Experience

  • Bachelor’s degree in Islamic Finance, Shari’ah, Accounting, Finance, or a related discipline.
  • 5+ years of experience in Shari’ah audit, internal audit, Islamic banking, or Shari’ah compliance (preferred).
  • Strong understanding of Shari’ah governance frameworks, ISSC requirements, and CBUAE HSA regulations.
  • Knowledge of AAOIFI and other relevant Islamic finance standards is an advantage.
Mashreq

About Mashreq

Disclaimer: Mashreq will never ask for your bank related information via phone call, SMS or email. We will also never contact you from a mobile number to resolve your query.

Welcome to the LinkedIn page of Mashreq. More than half a century old, we proudly think like a challenger, startup, and innovator in banking and finance, powered by a diverse and dynamic team who put customers first. Together, we pioneer key innovations and developments in banking and financial services. Our mandate? To help customers find their way to Rise Every Day, partnering with them through the highs and lows to help them reach their goals and unlock their unique vision of success. Join Mashreq and find your way to Rise Every Day.

Industry
Finance & Insurance
Company Size
5,001-10,000 employees
Headquarters
Dubai, AE
Year Founded
1967
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