Islamic Products & Shariah Subject Matter Expert

Job SummaryThe Islamic Products & Shariah Subject Matter Expert (SME) is responsible for providing deep expertise in Shariah-compliant financial products and ensuring alignment with Islamic jurisprudence principles. The role supports product development, review, implementation, and ongoing governance of Islamic banking products, while working closely with business, operations, risk, compliance, and Shariah governance teams.Key ResponsibilitiesShariah Expertise & GovernanceServe as the subject matter expert on Shariah principles related to Islamic finance, including Fiqh al-MuamalatEnsure all Islamic banking products and processes comply with Shariah guidelines and Shariah Board approvalsSupport Shariah audits, reviews, and ongoing compliance monitoringIslamic Product Development & ReviewSupport design, structuring, and review of Islamic products such as Murabaha, Ijarah, Musharakah, Mudarabah, Wakalah,Salam, Istisna’a, and SukukReview product structures, contracts, documentation, and workflows for Shariah complianceAssist in development of new Islamic products and enhancement of existing offeringsStakeholder CollaborationWork closely with Shariah Board, Product, Operations, Risk, Compliance, Legal, Finance, and Technology teamsTranslate Shariah rulings and fatwas into clear operational and system requirementsAct as the key point of contact for resolving Shariah-related product and operational issuesPolicies, Documentation & ControlsDevelop and review Shariah policies, product manuals, SOPs, and contractsEnsure proper documentation, disclosures, and customer communications for Islamic productsSupport implementation of Shariah governance frameworks and internal controlsRegulatory & Audit SupportEnsure compliance with local regulatory requirements for Islamic bankingSupport internal and external audits, regulatory inspections, and remediation actionsMonitor changes in Islamic finance standards (AAOIFI, IFSB, local regulators) and assess impactTraining & Knowledge EnablementAct as a knowledge resource for internal teams on Islamic finance concepts and productsDevelop and deliver training programs on Shariah principles and Islamic banking productsSupport awareness initiatives to strengthen Shariah compliance cultureKey Skills & CompetenciesStrong knowledge of Islamic finance principles and Shariah-compliant product structuresAbility to interpret Shariah rulings and translate them into practical operational guidanceStrong analytical, documentation, and problem-solving skillsExcellent communication and stakeholder management abilitiesHigh attention to detail and ethical standardsQualificationsBachelor’s degree in Islamic Finance, Shariah, Economics, Finance, or related fieldAdvanced qualifications in Islamic Finance or Shariah (preferred)5–10+ years of experience in Islamic banking, Shariah advisory, or Islamic product managementPreferred ExperienceExperience working with Shariah Boards and regulatorsExposure to Shariah audits and governance frameworksExperience with Islamic core banking systems or Islamic windows#J-18808-Ljbffr