76
Nairobi, Nairobi
Job Purpose:
- The Internal Shariah Manager is responsible for ensuring that the Islamic Banking Window operates fully in compliance with Shariah principles as advised by the Shariah Advisory Committee (SAC).
- This role involves reviewing products, policies, transactions, and processes; guiding Shariah compliance; coordinating with the SAC; and ensuring regulatory compliance with Islamic banking guidelines.
Key Responsibilities:
Shariah Compliance & Governance:
- Review and certify Islamic banking products, processes, and documentation to ensure compliance with Shariah principles.
- Develop and maintain the internal Shariah compliance framework, policies, and procedures.
- Liaise with the Shariah Advisory Committee (SAC) and ensure implementation of their resolutions and fatwas.
- Ensure Shariah compliance across all departments of the Islamic Banking Window (retail, corporate, operations, treasury, etc.).
Review & Advisory Role: - Provide ongoing Shariah advisory support to management and staff.
- Review contracts, marketing materials, and product manuals for Shariah compliance.
- Advise on structuring new Shariah-compliant products and services.
Audit, Monitoring & Reporting: - Conduct regular Shariah compliance reviews, internal audits, and monitoring of Islamic banking operations.
- Prepare reports for the Shariah Advisory Committee and manage Shariah Committee meetings.
- Prepare periodic shariah committee reports to the Committee to inform on matters discussed and resolutions passed by the shariah Committee.
- Identify Shariah non-compliance incidents, propose corrective measures, and monitor their implementation.
- Ensure annual Shariah audit is properly conducted and documented.
Training & Awareness: - Develop and deliver training programs to enhance Islamic banking knowledge among staff.
- Promote awareness of Shariah compliance culture within the bank.
Academic Qualifications:
Degree in Islamic Finance, Shariah Studies, Islamic Banking, Economics, or related discipline.
Work Experience Required:
- Minimum 5–8 years of experience in Islamic banking, preferably in Shariah compliance or advisory roles.
- Strong knowledge of Fiqh al-Muamalat (Islamic commercial jurisprudence).
- Familiarity with regulatory requirements for Islamic banking and Shariah governance frameworks.
- In-depth understanding of Products, policies and regulations.
- Good undertaking of the competition and regulatory landscape.
- Professional certifications such as CSAA (Certified Shariah Advisor & Auditor – AAOIFI) or equivalent preferred.
Competencies:
- Strong knowledge of Islamic finance contracts (Murabaha, Ijarah, Mudarabah, Musharakah, Istisna, Sukuk, etc.).
- Analytical and problem-solving skills to identify compliance issues and solutions.
- Strong communication and report-writing skills.
- Ability to engage with Shariah scholars, regulators, and business teams.
- High ethical standards and commitment to Shariah integrity.
If you believe you meet the above requirements log onto our www.imbankgroup.com/ke and click on careers and apply for the position. Your application should reach us as soon as possible but not later than 14th October 2025.
