Shariah Compliance Specialist - Islamic Banking
First Abu Dhabi Bank
Job at a glance
Shariah Compliance Specialist - Islamic Banking Job Snapshot Role: Shariah Compliance Specialist - Islamic Banking Location: Abu Dhabi, United Arab Emirates Industry: Banking Function: Risk Management-Compliance Experience: 2-4 years Job Type: Full-time Position Overview Shariah Compliance Specialist - Islamic Banking in Abu Dhabi, United Arab Emirates is a Banking opportunity with First Abu Dhabi Bank focused on ensuring Islamic banking activities, products, services, and operations comply with applicable Shariah rules and principles.
The role supports the Head of Shariah Compliance and International in implementing Shariah governance requirements issued by the Higher Shariah Authority, Central Bank of UAE, Internal Shariah Supervision Committee, AAOIFI, and relevant international regulators across FAB 's domestic and international operations. Job Details Country: United Arab Emirates City: Abu Dhabi Industry: Banking Function: Risk Management-Compliance Salary: 14000-22000 Estimated salary range based on similar jobs in the job city; please confirm the final offer with the employer.
Gender: Any Candidate Nationality: Any Job Type: Full-time Role Context The Shariah Compliance Specialist supports the Bank 's Internal Shariah Control function by monitoring whether Islamic banking activities remain aligned with approved Shariah resolutions, fatawa, regulatory requirements, and internal governance standards. The position combines Shariah advisory, compliance monitoring, policy implementation, training, risk assessment, incident management, and stakeholder coordination.
It also provides an important link between FAB 's Head Office and international or offshore branches, helping ensure consistent Shariah governance across different jurisdictions. Key Responsibilities * Monitor implementation of resolutions issued by the Higher Shariah Authority. * Track Shariah-related requirements issued by the Central Bank of UAE. * Ensure applicable resolutions of the Internal Shariah Supervision Committee are properly implemented.
* Monitor compliance with relevant laws, rules, and regulations governing Islamic banking activities. * Track Shariah regulatory requirements issued in international jurisdictions where FAB operates. * Identify changes in Shariah requirements that may affect products, operations, controls, or business processes. * Escalate material implementation gaps to the Head of Shariah Compliance and International.
* Support development and implementation of the Bank 's Shariah compliance framework. * Contribute to Shariah compliance policies and procedures. * Plan and execute Shariah compliance programs and initiatives. * Conduct Shariah compliance gap assessments across relevant business and support functions. * Perform Shariah compliance reviews of Islamic banking activities and operations. * Assess whether business processes comply with approved Shariah requirements.
* Support management of Shariah non-compliance incidents. * Record, investigate, and coordinate remediation of identified Shariah compliance issues. * Assist in monitoring corrective actions arising from Shariah compliance reviews. * Provide day-to-day Shariah compliance advice to product teams. * Advise business functions on implementation of Shariah requirements. * Support control and support functions in interpreting applicable Shariah resolutions.
* Explain relevant fatawa issued by the HSA and ISSC. * Provide guidance on Shariah implications of Islamic banking products and operational processes. * Support stakeholders in applying Shariah requirements consistently. * Act as a key contact for Shariah compliance matters. * Coordinate with Compliance teams on Shariah-related requirements. * Work with business and product groups on implementation issues.
* Engage control functions regarding Shariah compliance risks and controls. * Coordinate with support functions when Shariah requirements affect operational processes. * Maintain effective communication with ext