Auditor – Internal Shariah Audit

Overview

Key Responsibilities

• Conduct Shari’ah audit examinations to assess compliance of products, services, operations, and processes with approved Shari’ah standards, resolutions (Fatawa), and regulatory requirements.
• Evaluate the effectiveness of Shari’ah governance arrangements and internal control systems across Islamic business units and related activities.
• Identify Shari’ah non-compliance issues, control gaps, and risks, and provide practical recommendations for remediation.
• Assist the Audit Manager / Head of Internal Sharia Audit in planning and executing Shari’ah audit assignments in accordance with approved audit methodologies.
• Support the preparation of quarterly Shari’ah audit reports and presentations for the Board Audit Committee (BAC), Internal Shari’ah Supervision Committee (ISSC), and periodic review meetings with the CEO.
• Maintain appropriate audit documentation and working papers in line with internal standards and regulatory requirements.
• Coordinate with business units and relevant stakeholders to follow up on corrective actions and ensure timely closure of audit findings.
• Stay updated on developments in Islamic finance, Shari’ah standards, and CBUAE regulations relevant to Shari’ah governance and audit.

& Experience

• Bachelor’s degree in Islamic Finance, Shari’ah, Accounting, Finance, or a related discipline.
• 5+ years of experience in Shari’ah audit, internal audit, Islamic banking, or Shari’ah compliance (preferred).
• Strong understanding of Shari’ah governance frameworks, ISSC requirements, and CBUAE HSA regulations.
• Knowledge of AAOIFI and other relevant Islamic finance standards is an advantage.