1. Strategic Planning and Implementation
- Lead the establishment, development, and implementation of the Shariah review function across the institution.
- Develop and execute the Annual Shariah Review Work Plan in alignment with institutional objectives and regulatory expectations.
- Conduct specialized Shariah review assignments as directed by the Shariah Board or senior management.
2. Policies, Processes, and Procedures
- Lead Shariah review of new policies or amendments to existing policies, guidelines, procedures, rules, and regulations to ensure full compliance with Shariah principles.
- Monitor market developments, regulatory changes, and industry practices in Islamic finance and assess their impact on HMI’s operations, providing timely recommendations to the Shariah Board and Management.
- Propose and support the implementation of process improvements to enhance efficiency, effectiveness, and Shariah compliance of institutional operations.
- Benchmark Shariah best practices and ensure implementation of new directives issued by the Islamic Emirate of Afghanistan and/or other competent regulatory bodies.
3. Shariah Consultation and Advisory
- Provide ongoing internal Shariah advisory services to management and operational teams based on approved Fatwas and Shariah resolutions.
- Review and advise on contracts, agreements, and documentation related to Islamic financial products, including product structures, policies, and internal procedures.
- Address Shariah-related inquiries, interpretations, and operational issues arising from business units.
4. Shariah Review and Compliance
- Continuously monitor Islamic financing activities to ensure compliance with approved Fatwas, Shariah resolutions, laws, regulations, and applicable standards.
- Prepare and submit Shariah compliance and review reports to the Shariah Board on a regular basis.
- Prepare annual Shariah review plans and conduct internal Shariah audits across branches, departments, and operations of Hamkar Microfinance Institution.
5. Knowledge Sharing and Capacity Building
- Design and deliver training programs for staff on Islamic finance principles, Shariah requirements, and Shariah-compliant operations.
- Build the capacity of commercial and operational teams to ensure proper understanding and application of Shariah principles in day-to-day activities.
- Promote a strong Shariah compliance culture across the institution.
6. Reporting and Communication
- Present Shariah review findings, observations, and recommendations to the Shariah Board, Management, and Board of Supervisors as required.
- Maintain effective communication with internal stakeholders to ensure timely resolution of Shariah-related issues.
Education
- Bachelor’s or Master’s Degree in Islamic Finance, Finance, Accounting, Economics, Business Management, Shariah, or a related field.
- Additional certification or qualification in Islamic Banking & Finance and/or Compliance is an added advantage.
Experience
- Minimum of 5–8 years of relevant experience in Islamic Banking & Finance or Shariah Compliance within a bank or financial institution.
Knowledge
- Strong knowledge and understanding of Islamic finance principles and Shariah rulings applicable to financial institutions.
- Proven experience in Shariah review, Shariah compliance, and Islamic product development within financial institutions.
Skills and Abilities
- Willingness and ability to travel to provinces and field locations for branch and client visits.
- Fluency in Dari and Pashto (spoken and written).
- Strong communication skills with the ability to prepare clear, structured, and comprehensive Shariah reports.
- High ethical standards, independence, and professional judgment.
Submission Guideline
Interested candidates are requested to submit their updated CV along with relevant academic and professional documents in accordance with Hamkar Microfinance Institution’s recruitment procedures.
Note: Candidates must write the position and reference number in the email's subject line. (Hamkar-KBL/0006/2025)
submission email recruitment@hmi.af
Hamkar Microfinance Institution (HMI) is a nationally established Afghan microfinance institution founded in 2025 with the aim of promoting financial inclusion, economic empowerment, and social stability across Afghanistan. HMI provides responsible financial services to low-income entrepreneurs, women, youth, and small enterprises—helping them grow their businesses, generate income, and improve livelihoods. Built on decades of experience from its shareholders and management team in the financial, business, and investment sectors, HMI is committed to professionalism, transparency, and ethical financing. The institution operates under the regulations of Da Afghanistan Bank (DAB) and in line with MISFA’s microfinance principles, ensuring full compliance and accountability in every operation.