Ghazanfar Bank, a full-fledged licensed commercial Bank, commenced its operations in March 2009. The Share Holders of the Bank belongs to one of the leading business groups of Afghanistan. As a leading business house Ghazanfar Group is involved in various key businesses sectors as a front runner such as import and distribution of Petroleum/Gas and other various important industrial sectors. Ghazanfar Bank started its operation in Kabul, Afghanistan, and is offering key financial services both under conventional and Islamic Banking. The Bank has since opened up its Branches at various key locations such as Mazar Sharif, Hairatan, Nayeb Abad Branch, Kunduz, Takhar, Pule- Khumri, Jalalabad, Herat, Kandahar, Faryab besides opening another Nine branches at Kabul in Sarai Shahzada, Shar-e-Naw, Karte Naw, Kote Sangi, Lase Maryam, Karte Char, Kabul Airport Branch and Wazir Akbar Khan. In due course of time, the Bank intends to expand its Branch Network in Kabul as well as at other key locations of the Country.

1. Sharia Risk Identification & Assessment

• Identify potential Sharia non-compliance risks in products, policies, procedures, and daily operations.
• Conduct risk assessments for financing transactions (Murabaha, Ijara, Musharaka, Mudaraba, Salam, etc.).
• Evaluate new product proposals and process changes to ensure Sharia compliance risks are addressed early.

2. Sharia Risk Monitoring & Controls

• Monitor business units, branches, and operations for adherence to Sharia rules and approved product structures.
• Develop and implement Sharia risk indicators (KRIs), control checklists, and monitoring tools.
• Ensure corrective measures are taken promptly when Sharia risks or deviations are detected.

3. Policy & Framework Development

• Assist in developing and updating the Sharia Risk Management Framework according to AAOIFI and regulatory standards.
• Review and improve internal Sharia controls in coordination with risk management, compliance, operations, and internal audit.
• Ensure all units follow the Sharia Governance Framework approved by the Sharia Supervisory Board.

4. Review of Products, Contracts & Transactions

• Review financing files, contracts, documentation, and transaction flows to identify Sharia risk exposure.
• Confirm that operational practices match Sharia-approved product manuals and procedures.
• Ensure penalties, late fees, rebates, and income classifications follow Sharia rules.

5. Reporting & Documentation

• Prepare periodic Sharia risk reports for the Head of Sharia and Senior Management.
• Contribute risk inputs for quarterly reports submitted to the Sharia Supervisory Board.
• Maintain proper documentation for risk events, non-compliance cases, and corrective actions.

6. Coordination & Advisory Support

• Work closely with Risk Management, Compliance, Internal Audit, Legal, Operations, and Business Units.
• Provide Sharia risk guidance during product development, process re-engineering, or policy revision.
• Support Sharia Audit in investigating Sharia risk incidents or non-compliance events.

7. Capacity Building & Awareness

• Participate in training staff on Sharia risk concepts, operational compliance, and product structures.
• Promote a culture of Sharia risk awareness across the bank.

8. Continuous Development

• Stay updated with AAOIFI Sharia standards, new fatwas, best industry practices, and emerging Sharia risks.
• Recommend improvements in systems, processes, and controls to minimize Sharia risk.

Qualifications & Experience

• Bachelor’s degree in Islamic Studies, Sharia, Islamic Finance, Business Administration, Risk Management, or a related field.
• Professional certifications in Islamic banking (CIBF, IFQ) or risk management (FRM, ORM) are an advantage.
• 1–3 years’ experience in Islamic banking, Sharia risk, Sharia compliance, risk management, or related areas.
• Solid understanding of AAOIFI Sharia standards and Islamic banking structures.

Skills & Competencies

• Strong analytical and risk assessment skills.
• Good knowledge of Sharia principles and Islamic finance products.
• Ability to interpret financial contracts and transaction structures.
• Effective communication and coordination abilities.
• High attention to detail, integrity, and objectivity.
• Good reporting and documentation skills.

Applicants who meet the above requirements should submit their updated Curriculum vitae (CV)/Resume to (sr.recruitment-officer@ghazanfarbank.com)

Please Mention specific Job Title in subject of your E-mail otherwise your Email will not be considered.

Note only shortlisted candidates will be contacted for further recruitment process.

Submission E-mail

(sr.recruitment-officer@ghazanfarbank.com)