1.     THIS IS CONSULTING JOB , THE CANDIDATE NEEDS TO TRAVEL ONCE IN THREE MONTHS TO ATTEND THE ADVIOSRY MEETING AND COMES BANK . SALARY WILL BE MAX 1000  USD PER MEETING 

The Shari’ah Board member is expected to understand that in the course of discharging the duties and responsibilities as a Shari’ah Board member, and responsible and accountable for all Shari’ah decisions, opinions and views provided by them.

2.      The Shari’ah Board member ensures that the products of the Bank comply with Shari’ah principles, and ensure Shari’ah compliance in the following:

  • The terms and conditions contained in the forms, contracts, agreements or other legal documentations used in executing the transactions; and
  • The product manual, marketing advertisements, sales illustrations and brochures used to describe the product.

3.      The Shari’ah Board member is expected to endorse/approve Shari’ah policies and manuals prepared by the Bank and to ensure that the contents do not contain any elements which are not in line with Shari’ah injunctions.

4.      The Shari’ah Board member is expected to advise the Islamic Banking department and Management in respect of Shari’ah matters in order for the Bank to comply with Shari’ah principles at all times.

5.      The Shari’ah Board member Ensures that Profit payable to the investors and depositors by the bank under Islamic banking are within the scope of Islamic banking and are Shari’ah Compliant and that the procedure adopted for this purpose by the bank remains compliant to the Shari’ah best practices and to the rules and regulations issued by Central Bank or any other relevant regulatory authority set up for this purpose by the government.

  • Offering instructions/fatwas to the Bank in the light of Sharia regarding Treatment of Penalties on Shari’ah compliant investment products.
  • Providing instructions and post review of all the charity activities undertaken by the Bank.
  • Providing instruction to the bank on treatment of profit and Loss under Islamic Banking.

9.      To assess the operation of IBW from Shari’ah point of view and report to BOS in case of any anomaly in terms of Shari’ah.

Job Details

Functional Area:
Total Positions:
1 Post
Job Shift:
First Shift (Day)
Job Type:
Job Location:
Gender:
Male
Age:
50 - 70 Years
Education:
Masters only
Career Level:
GM / CEO / Country Head / President
Experience:
15 Years - 20 Years (experience in Shari’ah law)
Apply Before:
Jan 14, 2018
Posting Date:
Dec 13, 2017

ITM Consultancy Serviced

Recruitment / Employment Firms · 1-10 employees - Kabul

ITM Consultancy We introduce ourselves a leading executive search and consulting firm established in 2000 . We take pride in our decades history of excellence, and continue to adhere to our time-proven principles of information insight, and integrity as we serve clients across the Globe and industry-leading clients and the top-quality candidates they look for. Our strength is recruiting at the CEO/Board levels and their executive team members. We work fast, deliver high success rates and are easy to reference by our clients who are leaders in their sectors across the Globe including Afghanistan and Iraq. ITM Consultancy delivered successful placements through policies of personalized service and confidentiality, coupled with the most ethical, professional standards in the recruiting industry. Our recruiters working in various industries in order to provide the best possible people for top-level management positions. The firm's clients range from multinational corporations, to mid-size public and privately owned businesses, entrepreneurial start-ups and non-profits. ITM Consultancy industry and functional group expertise includes: Accounting & Finance Advertising & Marketing Aerospace & Defense Banking Construction/Real Estate Consumer Products (Both Foods and Non Foods) Hospitality Human Resources Insurance Legal Manufacturing/Engineering / Supply Chain & Logistics Medical Device/Biotech/Pharmaceutical Military Transition and Technology ITM helps Companies to find best talents for their decision makes position , We recruit Board Members, CEO, CFO,COO,CIO, Country Head, Director, Vice President & General Manager and Middle Management level for entire verticals irrespective of Industries any where in the world.

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