Saturday, 13 April 2019

Sharia Manager at Barclays Bank

About Barclays Africa

 

Barclays Africa encompasses Barclays Global Retail Banking, Corporate Banking, and Barclaycard operations in 10 countries organised in four geographic areas: North Africa (Egypt), East and West Africa (Ghana, Tanzania, Uganda and Kenya),  Southern Africa (Botswana, Zambia and Zimbabwe), and Indian Ocean (Mauritius and Seychelles).

 

Barclays Africa serves its 2.8m customers through a network of 573 branches and service centres providing a variety of traditional financial products including retail mortgages, current and deposit accounts, commercial lending, unsecured lending, credit cards, treasury and investments.

Product Development and implementation

  • Ensure there are product programs in place, for all Shariah approved products with detailed procedures signed off by relevant operating department.
  • Work closely with the Product team to ensure that all “new products” and existing are aligned to the Shariah Governance.
  • Verifying that all activities, products, contracts and agreements executed by the company have been duly approved by the Shariah board
  • Ensuring that all branches, departments and affiliates are committed to the implementation of the Shariah decisions in accordance with the forms, contracts, agreements and procedures approved by the Shariah board
  • Closely work with the Product team to ensure that the new products are ready for discussion at the Shari’ah Advisory Council.
  • Support Products team by gathering all detail product structure, processes, application forms, terms and conditions and flow of funds and ensure adherence to Shari’ah law.
  • Provide input to Learning and Development on the training material that needs to be developed for the new product.
  • Provide high level input and implementation support to the relevant stakeholders on any Islamic banking products across key projects and products
  • Monitor the pre- and post-implementation of Shariah compliances and the day to day risks that arise after the implementation or launching of Islamic Banking products.

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