Muhammad Owais Mustafa

Shariah Auditor at Meezan Bank lTD.

• Pakistan - Karachi
• My current job since August 2008

Meezan Bank Limited (Appointed as Trainee Banking Officer)
(Authorized B- Category P.A. Number)
AAOIFI Certified Shariah Advisor & Auditor CSAA.
Currently working as Shariah Auditor in Mezan bank head office.
Also worked as Operation Manager in Paposh Nagar Branch.
I have also worked as CD Incharge in Liaquatabad Branch, Gole Market Branch
Responsibilities:-
Operation’s department
 Preparation of Inter Office Memos, Expense Approvals etc.
 Authorization of Accounts opening CAO portal and other queries.
 Authorization of Transfer cheques and Pay Orders and other transactions.
 Authorization of conversion entries, Settlement of Clearing.
 Coordinate with customers on their issues
 Monitoring & Balancing of inward & outward clearing, transfer entries, OBCs & Intercity.
 Monitoring of return memos for cheques returned in inward clearing.
 Outward clearing/Return ledger maintenance.
 Recording and maintaining stop payment Instructions.
 Responding to letters received from NAB/SBP & other agencies.
 Any other responsibility assigned by Manager.
Trade & Finance
Finance
 Maintain Business Relationship with the financing customers.
 To Guide & Motivate the customers towards Islamic Modes of Financing
 Preparation of Credit Proposals & Credits Documentation, Application of ECIB
 Disbursement of Murabaha, Ijarah & other financing..
 Keeping records & Making the payment, when due
Import
 Processing of Letter of Credits (Including Opening LC, Amendments, Issuance of Shipping Guarantees, Retirement of LC, and Recovery of charges).
 Execution of Acceptance in case of Usance LC or Contracts. & Direct Remittance against import., Execution of Advance Payment against import.
 Registration of Contracts and Execution of payment at maturity.
 Keeping record of security stationeries and Registers of LC, PAD, FDBC.
Export
 Issuance & Verification of E Forms against DA, DP, CAD, or Advance payment terms, Collection of Export Advance payments, Issuance of PRC
 Submission of E Form Along with Annexure to SBP, Collection, Scrutiny & Lodgment of Export documents, Realization of Export Bills
 Keep maintain the EBC & E form issuance & verification registers.


Reports
Preparation of Quarterly & Half Yearly reports also
 Liquid Securities Report, QCR Report, Half Yearly Classification of Deposits etc..
Preparation of Monthly Reports
 Preparation & submission of SBP monthly Foreign Exchange report (I.T.R.S)
(A1/O1, A2/O2, JO3, E2/P2, E3/P3, E4/P4)
 Classification of Deposits, Rate wise Report, Classification of Advances by Borrowers, With Holding Tax Report, FED Report, ECIB Updating, RCOA Annexure -A07 & RCOA SME Traders, Rate of Return
 Consolidate statement of Export Realization, Over Dues statement of Advance & Export Realization
 Asset & Liability Position, Branch Position, MMS, Guarantee outstanding report
 Murabaha & Ijarah outstanding report, Credit customers Limit MIS
Preparation of Weekly & Fortnightly Reports
 Weekly & Fortnightly Import & Export report, Weekly & Fortnightly Financing Reports.