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WWahed

Shariah Risk Associate

Wahed

Mumbai
Full-Time
0-3 Years experience

Description

About Wahed

The global financial system wasn't built for everyone. For millions of people, its reliance on interest (riba) creates a barrier to managing money and building wealth without compromising their values.

At Wahed, we're changing that. We are a global fintech company on a mission to build a new financial system—one that is ethical, accessible, and entirely interest-free. From our offices across the globe, our team is building products that were once deemed impossible, from pioneering Shariah-compliant equity ETFs, creating riba-free alternatives to high yield savings accounts, to creating no-leverage real estate investments for truly interest-free income producing assets. If you're driven to solve complex problems and believe finance should empower, not exclude, join us in building a more equitable financial future.

Job Brief

The Shariah Risk Associate will support the Shariah Governance & Risk function in ensuring that the company's products, operations, and communications remain compliant with Shariah principles and internal Shariah policies. The role offers structured exposure to Shariah governance within a global Islamic fintech environment and provides hands-on experience with real operational and regulatory processes.

Job Description

  • Assist in reviewing internal documents, contracts, and product materials from a Shariah perspective.
  • Support Shariah compliance monitoring activities, including maintaining approval records, trackers, and audit documentation.
  • Conduct basic research on Shariah rulings, AAOIFI standards, and contemporary Islamic finance practices.
  • Help prepare summaries, internal reports, and presentations for Shariah reviews and training sessions.
  • Support the Shariah team in responding to internal queries, risk reviews, and audit requirements.
  • Maintain organized documentation, version control, and structured archives for Shariah-related materials.

Job Specification

  • Undergraduate or postgraduate student in Islamic Studies, Shariah, Islamic Finance, or a related field.
  • Basic understanding of Islamic commercial jurisprudence (Fiqh al-Mu'amalat).
  • Strong attention to detail and ability to work with formal documentation.
  • Good written communication skills in English (Arabic is an advantage).
  • Comfortable working with spreadsheets, documents, and internal systems.

About Wahed

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