Job Location: | Kabul |
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Nationality: | Afghan |
Category: | Consultant |
Employment Type: | Part Time |
Salary: | As per ADF NTA Salary Scale |
Vacancy Number: | ADF-248 |
No. Of Jobs: | 1 |
City: | Kabul |
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Organization: | Agricultural Development Fund |
Years of Experience: | At least 3- 5 years of experience in financial sector |
Contract Duration: | 6 months with possible extension |
Gender: | Male |
Education: | Masters in Islamic Banking or in Islamic Jurisprudence. |
Close date: | 2024-05-03 |
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 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.
The Sharia Advisory Board Member-Chairman will be a critical member of the Sharia Advisory Board. The primary responsibility of the position will be to attend 4 meeting annually or as requested by the management and review the ADF Islamic financing instruments. The applicant will be responsible for the approval of New Sharia Compliant Instruments and will be responsible for the customer and other stakeholders queries whenever required. The applicant will be responsible to review annual Sharia Audit report.
All interested qualified applicants are encouraged to send their CV and Cover Letter indicating the position title and vacancy number (ADF- 248 ) in the subject line before the closing date to the below email address.