Legal Counsel – Islamic Finance

🔥 39 minutes ago

🇵🇰 Pakistan – Remote

⏰ Full Time

🟠 Senior

🔴 Lead

💸 Financial Planning and Analysis (FP&A)

👻 Ghost score 10%

What it means: how likely this posting is sitting open without active hiring.How to read it: 60% or higher means we think this is a ghost. Lower scores are less of a worry.How we score it: age, reposts, open roles vs team size, how fast jobs close, and whether pay is listed.Fine print: an estimate from public data, not a judgment of the company. Real jobs can score high, so treat it as a hint, not a fact.

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Mashreq

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1967

🏦 Banking

💸 Finance

💳 Fintech

Banking • Finance • Fintech

Mashreq is a leading financial institution based in the UAE, offering a wide range of banking services including personal, corporate, and investment banking. The bank focuses on providing innovative financial solutions to its customers and has a strong digital banking presence.

📋 Description

• Draft and review standard and recurring Islamic banking documentation, including Murabaha, commodity Murabaha, Ijarah, Wakala and related facility and security documents • Provide day-to-day legal support on business-as-usual Islamic queries and escalate novel, complex or high-risk matters • Support product updates and amendments arising from Shariah-driven structural changes, AAOIFI standards, regulatory developments and campaign launches • Monitor legal, regulatory and Shariah developments and flag documentation impact • Contribute to Islamic legal policies, procedures, precedents and templates • Build and maintain the Bank’s Islamic legal precedent bank, template library, clause library and position papers • Maintain matter trackers, documentation logs, turnaround reporting and App4Legal records • Conduct legal research and prepare memoranda, product notes and briefing materials • Collaborate with business teams, Shariah Governance, Legal, stakeholders and external counsel • Coordinate inputs and follow through to closure • Assist with external counsel instructions and review external work product • Identify legal risks in standard Islamic documentation and escalate appropriately • Support Islamic product development workstreams, documentation gap analysis and market-practice comparisons • Manage concurrent requests and prioritise against business deadlines • Progress routine, template-based documentation independently within agreed parameters • Account for the accuracy, completeness and timeliness of drafting output and the integrity of the Islamic legal knowledge base

🎯 Requirements

• Minimum 8–10 years’ post-qualification experience in banking and finance law • Law degree from a reputable university • Admission to practice law in a recognised jurisdiction covering banking and finance, financial services and regulation, and corporate and commercial • Demonstrable exposure to Islamic banking products and Shariah-compliant documentation • General working knowledge of Murabaha, commodity Murabaha (Tawarruq), Ijarah, Wakala, Mudaraba, Musharaka and Sukuk • Familiarity with AAOIFI Shariah standards and their practical impact on documentation • Understanding of conventional banking documentation, including LMA-based facility agreements and security packages • Strong legal drafting, legal research, problem-solving and analytical thinking skills • Experience building or maintaining precedent banks, template libraries or knowledge management tools • Proficiency with legal workflow and matter management systems; experience with Legal-AI tools • Legal practice certificate or licence • Fluent in English • Comfortable operating in a remote delivery model supporting stakeholders in other jurisdictions • Effective collaboration and communication across locations and time zones • Ability to perform under pressure with composure and focus