Head of Internal Sharia
National Bank of Fujairah
Total years of experience :18 years, 11 Months
Launched various Islamic products (retail, corporate, trade, treasury) working cross-functionally.
Ensured high level of service for Islamic products by designing the documentation and processing around the customers experience.
Trained the staff in various Islamic products concepts.
Launched e-learning module for Islamic products for staff.
Liaised with corporate communication for developing profile of the Is (awards submissions, review of marketing collaterals).
Acted as sole point of contact for sharia board (product approvals, reviews, improvements.)
Implemented Shariah Governance Framework in the bank and acted as Secretary, Shariah Governance Committee.
Launched internet banking for Islamic retail and corporate customers.
Manager Products and Channels -
Corporate Banking Group
Responsible for the development of Islamic Banking products for the Corporate Banking department.
Developed and launched Islamic products for the corporate business.
Developed product guides and manuals for the corporate products.
Liaised with IT, Global Trade Services, Operations and Legal to get the products approved and implemented.
Supported Account Relationship Managers in identifying and resolving operational issues with their customers.
Acted as backup Account Relationship Manager where necessary to service corporate clients.
Developed Sharia compliant operational policies and procedures for various products.
Coordinated between the department and the Sharia department on business matters and approvals.
Reviewed and revamped legal agreements to suit different needs of the corporate products.
Trained the Account Relationship Managers on corporate products.
Assisting and guiding the front end staff in designing and executing customer-specific process flows for Corporate/ Commercial/ SME clients keeping in view market dynamics/ individual circumstances of customers and visiting such customers wherever necessary.
Review of corporate finance transactions (Murabaha, Ijarah, Istisna, Tijarah, Diminishing Musharakah etc.)
Islamic Banking Training and Capacity Building initiatives (needs analysis, revision of various programs)
Islamic Banking Market awareness activities (seminars/ workshops for public)
Proactively building asset portfolio according to bank’s risk appetite
Preparation of Credit proposals for Corporate/SME sector
Structuring solutions after evaluating requirements of working capital, trade finance facilities & project finance
Assessment of Clients’ Credit Needs
Financial statement analysis of potential customers
Act as center point of contact between bank and the customer
Ensure completion of all documentations/agreements through close follow-ups
Cross selling liability products and cash management services.
Previously, I was part of Investment Banking Group. The responsibilities included:
Preparing Information Memorandum for issuance of Sukuks/syndications
Worked on Diminishing Musharika Sukuk
Coordinate and Complete all legal documentations of Sukuk
Coordination with Shariah Compliance Department for transactions structure/approval.
Coordination with investors, lawyers, issuers and internal departments to successfully close Sukuk and Commercial paper transactions.
Joined as management trainee, progressed to Assistant Manager and Manager.
Developed & launched new liability products and enriched existing products.
Coordinated with marketing department for preparing product related collaterals
Kept the front line abreast of changes in the liability products procedures.
Supported the overall liability sales efforts by providing new insights on market dynamics
Special Assignments
Key member of team that developed and launched the following products
Meezan bachat account
Meezan aamdan certificate
Dollar Modarabah certificate and
Meezan Islamic institutions deposit
Automated system for acquisition of New-To-Bank (NTB) prospects through website
Deposit mobilization competitions between the branches
Leveraged corporate web site to facilitate acquisition of New-To-Bank (NTB) customers.
Organized deposit mobilization competition between the branches
• Conducted competitive analysis for the petrol pumps
• Planned the research design, sampling, the fieldwork and data editing/coding.
• Estimated market potential for CNG in the Defence/Clifton area.
International Centre for Education in Islamic Finance, (INCEIF), Malaysia. Completed Chartered Islamic Finance Professional Program.
The center is part of Jamia Darul Uloom Karachi, one of the largest religious schools in Karachi and is run under the supervision of Maulana Taqi Usmani, an internationally acclaimed expert on Islamic Finance is the President of the . I had the privilege of attending lectures of many reputed Shariah scholars.
Completed Junior Associateship* of Institute of Bankers Pakistan with overall 6th merit position in Pakistan. *Also known as IBP Superior Qualification in Banking and Finance.
CGPA 3.45. [Top 1/10 of the graduating class.]
Secured First Class First Division, Among top 10 candidates at the University of Karachi level.