Amlak Finance PJSC

Senior Sharia Controller

Amlak Finance PJSC  •  Giza, EG (Onsite)  •  4 months ago
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Job Description


The Secretaries of the Shariah Committee tasks:


  1. Preparing and organizing meetings for the Shariah
    Committee.

  2. Sharing the agenda items to be discussed during the
    meeting with members of the Internal Shariah Committee

  3. Preparing meeting minutes and drafting them to the
    Internal Shariah Committee meeting.

  4. Communicating decisions to all departments of Amlak
    Company and its management.

  5. Organizing, numbering, and preserving fatwas (religious
    rulings) and decisions, as well as monitoring administrative matters related to
    the Internal Shariah Supervisory Committee.


Internal Shariah Consultations:


Providing consultations based on the “fatwa” and decisions
of the Internal Sharia Committee regarding the following:


  1. Contracts, documents, and other aspects related to Amlak's
    financial products and services, including the product manual and internal
    policies and procedures.

  2. Respond to inquiries and Sharia issues of Amlak within 3
    working days in case of previous Sharia decisions, In the absence of previous
    decisions, the Sharia Committee shall be referred to express an opinion
    thereon.

  3. Responsible for the Promotional and advertising materials
    and publications.

  4. Respond to Customer complaints (related to compliance with
    Islamic law).

  5. Solve Other Shariah issues faced by AMLAK, especially
    those related to structuring and products.

  6. Review contracts from a Sharia point of view in accordance
    with the decisions issued by the Financial Regulatory Authority and the
    recommendations of the Sharia Supervisory Committee. Any new contract or
    products must be present to the Sharia Committee for the final approval/
    feedback.


Research and development function:


  1. Conduct research related to relevant Sharia and procedural
    issues requested by the Internal Sharia Supervisory Committee.

  2. Collaborate with other relevant departments of Amlak
    Finance Egypt in product development and policy formulation Procedures,
    contracts and other areas of development in Amlak.


Sharia audit function:


  1. Prepare
    the annual Sharia Audit plan and presenting it to the Internal Sharia committee
    for approval in coordination with the management.

  2. Evaluate
    the company's business and activities to ensure its compliance with Islamic
    Sharia.

  3. Evaluate
    the effectiveness of internal Sharia control and ensure the company's
    compliance with Islamic Sharia.

  4. Ensure
    that products, services, forms, contracts, agreements, procedures for the
    implementation of activities and operations and other Pending matters are
    approved by the Sharia Supervisory Committee.

  5. Prepare a
    periodic report to be submitted to the Sharia Committee on the outputs of the
    internal Sharia audit.


Requirements


  • Bachelor of Sharia with law
    background.

  • 2-4 years of experience in

    in banking or financing sector.

  • Ability to work under pressure.

  • Deep knowledge of a company products
    or services.

  • Clear understanding of sharia
    principles
Amlak Finance PJSC

About Amlak Finance PJSC

Established in 2000, Amlak Finance is a leading specialized real estate financier in the Middle East. Amlak provides innovative, Shari’a-compliant property financing products and solutions designed to meet the demanding needs of the market. Amlak offers a range of customized financial solutions and products to investors for both ready and off-plan properties

Industry
Finance & Insurance
Company Size
51-200 employees
Headquarters
Dubai, AE
Year Founded
2000
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