Advisor

Pakistan Reinsurance Company Limited

Islamabad , Pakistan

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Posted 19 hours ago 5 views Report Job

Pakistan Reinsurance Company Limited (PRCL) is seeking a qualified Shariah Advisor to join the organization on a two-year contractual basis. The ideal candidate will have a strong background in the Takaful industry, with a minimum of seven years of relevant experience. This role is critical in ensuring that the company’s operations and products comply with Shariah principles. Candidates should be no older than 55 years of age.

Key Responsibilities
- Provide expert Shariah guidance and advisory services to ensure all company activities and products align with Islamic law.
- Review and approve Takaful products, contracts, and documentation to maintain Shariah compliance.
- Collaborate with management and relevant departments to integrate Shariah principles into business strategies and operations.
- Conduct regular Shariah audits and assessments to monitor compliance and recommend corrective actions when necessary.
- Participate in Shariah board meetings and contribute to the development of company policies related to Islamic finance and insurance.
- Stay updated on developments in Islamic finance and Takaful regulations to provide informed advice.

Required Qualifications
- Minimum of 7 years of experience in the Takaful industry, demonstrating a deep understanding of Islamic insurance principles.
- Strong knowledge of Shariah law as it applies to finance and insurance.
- Proven ability to interpret and apply Shariah rulings in a corporate environment.
- Excellent communication and interpersonal skills to effectively liaise with internal teams and external stakeholders.
- Age limit: 55 years or below.

Preferred Qualifications and Benefits
While not explicitly stated, candidates with additional certifications in Islamic finance or related fields will be preferred. The position offers a contractual engagement for two years, providing an opportunity to contribute to a leading reinsurance company operating within the framework of Shariah compliance.

This role is ideal for professionals seeking to leverage their expertise in Takaful and Islamic finance within a reputable organization committed to ethical and Shariah-compliant business practices.