Shariah Advisor Career Opportunity at Pakistan Reinsurance Company Limited

Further Details

This government organization, Pakistan Reinsurance Company Limited (PRCL), is actively recruiting for a Shariah Advisor. The role focuses on providing expert guidance on Shariah-compliant Re-Takaful policies and operations, ensuring adherence to Islamic finance principles and regulations. Candidates will leverage their extensive experience in Islamic jurisprudence and the Takaful industry to support the company's ethical financial framework. This is a significant opportunity for professionals seeking to make a substantial impact in the government sector. Successful candidates will benefit from these best career opportunities. The advisory services will initially be engaged for a two-year period, with the possibility of extension based on performance. The selected advisor will report directly to senior management, contributing to the strategic direction of Shariah-compliant practices.

Shariah Advisor Career Opportunity

Pakistan Reinsurance Company Limited (PRCL), a prominent government organization, is actively seeking a highly qualified and experienced Shariah Advisor. This crucial role involves providing expert consultation and advisory services on Shariah-compliant financial practices, particularly within the Takaful industry. The position is offered on a contractual basis, presenting an excellent opportunity for professionals to contribute to ethical governance in the insurance sector.

The ideal candidate will possess a deep understanding of Islamic jurisprudence, including Fiqh-ul-Muamulat, and have a minimum of seven years of relevant experience. Proficiency in applicable Pakistani laws and a proven ability to ensure adherence to Shariah principles in all Re-Takaful operations are essential. This role is vital for maintaining the integrity and compliance of the company's financial dealings.

This is a significant career advancement opportunity within a government sector entity, offering competitive remuneration and the chance to shape Shariah-compliant strategies. PRCL is committed to merit-based selection and equal opportunity.

Key Highlights:

• Job Title: Shariah Advisor
• Organization: Pakistan Reinsurance Company Limited (PRCL)
• Sector: Government
• Location: Karachi, Pakistan
• Contract Duration: Initially two years, extendable
• Required Experience: Minimum 7 years in Takaful industry
• Key Responsibilities: Shariah compliance, policy formulation, advisory services

Detailed Job Positions:

Sr.#	Job Title	Required Qualifications	Location	Experience (Months)	Salary Range	Vacancies	Age Limit
1	Shariah Advisor	Bachelor, Master	Karachi	84	Fixed monthly consultancy/advisory fee	1	Maximum 55 Years

Skills

• Expertise in Shariah rulings and Islamic finance
• Proficiency in Takaful policies and operations
• Strong understanding of Pakistani laws
• Excellent analytical and advisory skills
• Ability to provide technical guidance on Shariah principles
• Experience in formulating and implementing Shariah-compliant procedures
• Capability to conduct in-depth studies on Re-Takaful operations
• Effective communication and presentation skills

Duties and Responsibilities:

• Provide expert advice on Re-Takaful policies and services
• Ensure Re-Takaful operations, investments, contracts, and agreements adhere to Shariah principles
• Ensure Re-Takaful operations comply with all rules, regulations, rulings, and decisions issued by the SECP
• Assist in the formulation and implementation of Shariah-compliant Re-Takaful policies and procedures
• Provide technical advice and guidance in accordance with Shariah principles on handling facultative and treaty Re-Takaful policies
• Provide training and educational sessions to officers and officials of the Company on Takaful/Re-Takaful matters
• Fulfill all duties as outlined in the Takaful Rules 2012
• Undertake any other assignment or task assigned by, or with the approval of, the CEO or the Board

How to apply

• Eligibility Check: Ensure you meet all the specified qualifications and experience requirements for the Shariah Advisor role.
• Online Application: Interested candidates are encouraged to apply online through the official government portal at www.nip.gov.pk.
• Email Application: Alternatively, you may submit your updated resume along with educational certificates, degrees, a copy of your CNIC, and experience certificates via email to careers@pakre.org.pk.
• Submission Deadline: All applications must be submitted within 15 days from the date of this advertisement's issuance.
• Required Documents: Prepare your updated resume, attested copies of academic degrees, professional certificates, and a valid CNIC.
• Government Employees: Applicants currently employed in the public sector are required to provide an NOC at the time of interview.
• Interview Process: Shortlisted candidates will be contacted for an interview. Selection will be based on merit and performance during the interview.
• Important Note: Any attempt to influence the recruitment process will lead to disqualification. Applications not submitted as per the above instructions will not be considered.

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