Pakistan Reinsurance Company Limited Prcl Shariah Advisor Jobs

Job Overview

Ministry of Commerce, Government of Pakistan and Pakistan Reinsurance Company Limited (PRCL) invite applications from qualified, experienced, and high-caliber Islamic finance professionals for advisory services as Shariah Advisor on a contractual basis. The appointment will initially be made for a period of two (2) years, further extendable subject to satisfactory performance, company requirements, and Board approval.

Key Responsibilities and Duties

• Provide expert advice and authoritative guidance on Re-Takaful policies, operations, and services.
• Ensure that all Re-Takaful operations, investments, contracts, and company agreements strictly adhere to Shariah principles.
• Ensure full compliance with rules, regulations, guidelines, rulings, or decisions issued by the Securities and Exchange Commission of Pakistan (SECP) regarding Takaful and Re-Takaful matters.
• Assist in the formulation, review, and implementation of Shariah-compliant Re-Takaful policies, underwriting procedures, and manuals.
• Provide technical advice and structured guidance in accordance with Shariah principles on handling facultative and treaty Re-Takaful arrangements.
• Conduct training and educational sessions for officers and executives of the Company on Takaful and Re-Takaful standards.
• Fulfill all mandatory functions and statutory duties outlined under the Takaful Rules 2012.
• Undertake any other specialized assignment or task designated by the Chief Executive Officer (CEO) or the Board of Directors.

Eligibility Criteria

• Qualification Option 1: Shahadat-ul-Aalamiyyah degree (Darse-Nizami) from any recognized Board of Madaris, combined with a Bachelor degree recognized by the Higher Education Commission (HEC) of Pakistan with a minimum of 2nd Class, along with at least four (4) years experience of issuing Shariah rulings in Fiqh-ul-Muamulat (including the period of Takhasus fil Ifta), and comprehensive knowledge of Islamic finance, Takaful, and Re-Takaful.
• Qualification Option 2: A Post-Graduate degree in Islamic jurisprudence / Usooluddin L.L.M (Shariah) and an accredited certificate in Takaful.
• Experience: A minimum of seven (7) years of professional experience as a Shariah Advisor in the Takaful industry. Proficiency in English and comprehensive knowledge of applicable Pakistani commercial and insurance laws are essential.
• Preference: Candidates with academic teaching experience in Islamic finance at reputable Pakistani universities or holding an M.Phil or Ph.D. in Islamic Finance.
• Age Limit: Maximum 55 years as on the closing date of application.

Remuneration and Terms of Appointment

The selected Shariah Advisor will receive a fixed monthly consultancy and advisory fee (after statutory tax deductions), mutually agreed upon during the interview commensurate with the candidate's relevant, verifiable expertise and industry standing.

Interested and eligible professionals meeting the required criteria should submit their application within 15 days of advertisement publication (on or before 05 October 2026) through either of the following methods:

• Apply Online: Submit your online application via the National Job Portal at https://www.njp.gov.pk/
• Apply via Email: Send your updated resume along with attested educational certificates, degrees, copy of CNIC, and experience credentials to careers@pakre.org.pk

Important Instructions:

1. Original academic and professional credentials mentioned in the resume will be scrutinized at the time of interview.
2. Candidates already employed in public sector organizations or autonomous bodies must provide an official No Objection Certificate (NOC).
3. No TA or DA will be admissible for appearing in test or interview.
4. Only shortlisted candidates meeting all prerequisites will be called for interview.