Resident Shariah Board Member

Job Overview

Zarai Taraqiati Bank Limited (ZTBL), a AAA rated renowned specialized financial institution with a wide network of over 500 branches across the country, is inviting applications for engagement of Resident Shariah Board Member (RSBM) at its Head Office, Islamabad. The appointment will be on contract basis for a period of 3 years (extendable).

Experience Requirements

• The Shariah scholar must have at least four (4) years experience of giving Shariah rulings including the period of Takhassus fil Ifta; or at least five (5) years post qualification experience in teaching or Research and Development in Islamic Banking and Finance.
• Preference shall be given to those who have certificate in Takhassus fil Fiqh/Takhassus fil Ifta.
• Preference may be given to the Shariah Scholar who has at least (3) three years experience as Shariah Advisor or Member of SB of any Islamic Financial Institution (IFI) or deputy to a Shariah Advisor or member of the Shariah Team of an IFI.
• Adequate understanding of banking and finance in general and Islamic finance in particular.
• Adequate understanding of Fiq ul Muama'alat and Shariah related issues.
• Strong understanding of Islamic jurisprudence (Usul al-Fiqh), and Fiqh methodologies for deriving juristic opinion.

Qualification

• Shahadat ul Aalamiyyah Degree (Dars e Nizami) or similar other degree from any recognized institution/Board of Madaris and Bachelor's Degree (which is other than the Madaris Degree).
• OR Post Graduate Degree in Kuliyyatush Shariah or Kuliyyat Usooluddin, L.L.M. (Shariah) or equivalent from any recognized University.
• OR Shariah Scholar members of Shariah Board/Committees of internationally reputed organizations operating in other jurisdictions.

Job Responsibilities

• Provide explanation/clarification to management and staff of IBI on products, documents, process flows and on other operational Shariah related matters, in the light of decisions, rulings, fatawa already issued by the SB.
• The management while seeking explanation/clarification from RSBM on any matter shall ensure provision of all necessary information, details and documents so as to enable him/her to have proper understanding of the product, its process flows, business and economic outcomes and Shariah permissibility or impermissibility.
• Guide the SCD in conducting Shariah compliance reviews of key business areas on a test check basis.
• Review responses to Shariah related queries of IBI's clients regarding IBI's products and services as submitted by SCD.
• Facilitate the SCD and Training Department in designing and conducting training activities.
• Submit at least a quarterly report to the SB, for ratification, of all the material explanations/clarifications provided by him/her on products, services, documents, process flows and other operational Shariah related issues, in the light of decisions, rulings, and fatawa already issued by SB.

How to Apply

Interested candidates may apply online through website: https://www.ztbl.com.pk/ jobs till 30^th August, 2026. Only online submission of application within due date will be accepted. Only short-listed candidates will be called for interview. No TA/DA shall be admissible for interviews.

Submit Application

Get your application noticed! Upload your CV/resume, and we'll connect you with the employer.

Advertisement Image