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Job Description

The Secretaries of the Shariah Committee tasks:


  1. Preparing and organizing meetings for the Shariah Committee.
  2. Sharing the agenda items to be discussed during the meeting with members of the Internal Shariah Committee
  3. Preparing meeting minutes and drafting them to the Internal Shariah Committee meeting.
  4. Communicating decisions to all departments of Amlak Company and its management.
  5. Organizing, numbering, and preserving fatwas (religious rulings) and decisions, as well as monitoring administrative matters related to the Internal Shariah Supervisory Committee.

 Internal Shariah Consultations:


Providing consultations based on the “fatwa” and decisions of the Internal Sharia Committee regarding the following:


  1. Contracts, documents, and other aspects related to Amlak's financial products and services, including the product manual and internal policies and procedures.
  2. Respond to inquiries and Sharia issues of Amlak within 3 working days in case of previous Sharia decisions, In the absence of previous decisions, the Sharia Committee shall be referred to express an opinion thereon.
  3. Responsible for the Promotional and advertising materials and publications.
  4. Respond to Customer complaints (related to compliance with Islamic law).
  5. Solve Other Shariah issues faced by AMLAK, especially those related to structuring and products.
  6. Review contracts from a Sharia point of view in accordance with the decisions issued by the Financial Regulatory Authority and the recommendations of the Sharia Supervisory Committee. Any new contract or products must be present to the Sharia Committee for the final approval/ feedback.

 Research and development function:


  1. Conduct research related to relevant Sharia and procedural issues requested by the Internal Sharia Supervisory Committee.
  2. Collaborate with other relevant departments of Amlak Finance Egypt in product development and policy formulation Procedures, contracts and other areas of development in Amlak.

Sharia audit function:


  1. Prepare the annual Sharia Audit plan and presenting it to the Internal Sharia committee for approval in coordination with the management.
  2. Evaluate the company's business and activities to ensure its compliance with Islamic Sharia.
  3. Evaluate the effectiveness of internal Sharia control and ensure the company's compliance with Islamic Sharia.
  4. Ensure that products, services, forms, contracts, agreements, procedures for the implementation of activities and operations and other Pending matters are approved by the Sharia Supervisory Committee.
  5. Prepare a periodic report to be submitted to the Sharia Committee on the outputs of the internal Sharia audit.

Requirements
  • Bachelor of Sharia with law background.
  • 2-4 years of experience inin banking or financing sector.
  • Ability to work under pressure.
  • Deep knowledge of a company products or services.
  • Clear understanding of sharia principles


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