The Agricultural Development Fund (ADF) will act as a second-tier wholesale lending institution that will lend to intermediaries in the agricultural value chain, who will then on-lend to small commercial farmers, defined as farmers with 1-30 hectares. ADF is capitalized by a $100 million grant provided by the United States Government to the Government of the Islamic Republic of Afghanistan to increase lending to the agriculture sector to create a more competitive agriculture sector through expanded agricultural production and increased incomes for agricultural households. ADF will lend directly and indirectly to banks, non-bank financial institutions, credit unions, microfinance institutions and non-financial intermediaries such as private farmer associations, farm stores, agricultural depots, food processors, agribusinesses and other market participants and informal providers of finance that support the development of agricultural value chains in Afghanistan and can enhance the supply of agricultural credit to the end-borrowers at the farm level. Until it transitions to the Government of Afghanistan in 2014, the ADF is managed by the Agriculture Credit Enhancement (ACE) program a USAID contract.

• Provide expert guidance on Sharia compliance in all relevant matters to all ADF departments.
• Assist, consult and resolve Sharia misgivings of the ADF all department individuals on Sharia related matters and concerns.
• Assist in the development and review of products, contracts, and procedures to ensure conformity with Islamic law. Also, support in building internal capacity for understanding and implementing Sharia-compliant practices.
• Advising management on Sharia-compliant strategies, policies, practices and reviewing and endorsing contracts, agreements, and operational documents.
• Provide the Head of Internal Audit with regular updates on the progress of the Shariah Audits being conducted in accordance with the approved Internal Audit Plan.
• To check and confirm that ADF sharia loans are free from riba and are per the policy.
• Conducts Shariah compliance reviews on a sample basis.
• Keep himself updated on Shariah regulatory requirements by obtaining the relevant certifications and updating. Also keep the Head of Internal Audit updated on any new developments in Shariah requirements.
• Sharia standards on Islamic finance products and practices and Sharia basis for those standards.
• Governance standards on Sharia compliance and review processes.
• Operational structures for Sharia compliance and review.
• Sharia compliance and review procedures (including planning operations documentation and reporting).
• Identify and evaluate the sharia loan risks appropriately and manage it properly.
• Any other tasks and duties assigned by the supervisor.

• Bachelor’s degree in accounting, Islamic Law, Business Administration, Economics, or Islamic Banking & Finance.
• Minimum 1–3 years of relevant experience in internal audit, compliance, or risk management.
• Proven experience in Sharia compliance review or Sharia audit.
• Experience working with Islamic financial institutions, banks, MFIs, NGOs, government entities or development organizations
• Experience coordinating with Sharia Supervisory Boards.

All interested qualified applicants are encouraged to send their CV and Cover Letter indicating the position title and vacancy number (ADF- 270) in the subject line before the closing date to the below email address.