Job Title: Sharia Compliance Accountant
Company:Communicate Recruitment
Job description: Are you a Sharia-compliant accountant looking to advance your career in the international finance industry? Have you always dreamed of working with a global organization? If so, we have an exciting opportunity for you! Apply now to join a well-respected and established company!Your responsibility will include but is not limited to:
Prohibition of Riba (Interest): Any form of interest-based transactions is forbidden under Sharia
Muslims are prohibited from engaging in activities that involve paying or receiving interest. This has significant implications for banking, lending, and investments
Halal Investments: Investments must be made in permissible (halal) businesses. These businesses must not engage in activities considered harmful or forbidden (haram), such as gambling, alcohol, or pornography
Risk Sharing: Sharia promotes business transactions based on risk-sharing rather than debt or guaranteed returns. This can include models like Mudarabah (profit-sharing) and Musharakah (joint venture partnerships)
Avoidance of Gharar (Excessive Uncertainty): Transactions involving excessive uncertainty or ambiguity, such as speculative trading, are prohibited under Sharia. Financial contracts must be clear and transparent to avoid deceit or unfair advantage
Zakat (Charity): Muslims are required to pay a portion of their wealth (usually 2.5%) as charity, known as Zakat. Accountants may help individuals and businesses calculate and pay Zakat
Islamic Finance Products: Sharia-compliant financial products, such as Islamic bonds (Sukuk), Islamic insurance (Takaful), and interest-free loans, are structured to align with Islamic law. These products avoid interest and are designed with profit-sharing or asset-backed financing in mind
Ethical Conduct: Business practices under Sharia emphasize honesty, transparency, and fairness
Exploitative or unethical business practices are forbiddenSkills & Experience:
A good understanding of Sharia Compliance
Minimum 4-5 years of experience in a similar roleQualification:
Degree
Professional registration will be an advantageContact ANNARI STANDER on , quoting the Ref: CTF020080.Connect with us on www.communicate.co.za and Register your CV to create a profile and to view all our Financial recruitment vacancies.
Let us assist you with your career. For further Finance jobs, Accountant jobs, Financial Manager vacancies and Management Accountant vacancies.
If you have not had any response in two weeks, please consider your application unsuccessful. Your profile will be kept on our database and we will connect with you with any other suitable roles or positions.
Expected salary: R480000 – 600000 per year
Location: Johannesburg, Gauteng
Job date: Fri, 20 Dec 2024 23:45:31 GMT
Professional CV Tips for Success – jobsguru.co.za
- Contact Information: Use a professional email address and include a phone number. LinkedIn or a personal website can also add value.
- Personal Statement: In 2-3 lines, summarize your strengths and career goals, tailored to the job you’re applying for.
- Work Experience: List roles in reverse-chronological order. Focus on achievements with measurable results, e.g., “Increased sales by 20%.”
- Education: Only list qualifications relevant to the job or recent achievements if early in your career.
- Skills: Include both technical and soft skills. Use keywords from the job description to improve ATS compatibility.
- Formatting: Stick to one or two clean fonts, consistent margins, and ample white space. Avoid graphics unless you’re in a creative field.
- Proofreading: Errors harm your credibility. Review carefully or ask someone else to check for mistakes.
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