Pakistan Reinsurance Company Limited (PRCL), operating under the Ministry of Commerce, Government of Pakistan, invites applications from accomplished Islamic jurisprudence scholars for the post of Shariah Advisor on a contract basis in Karachi. PRCL is the sole national reinsurance organization in the country, providing reinsurance and retakaful support across corporate and general insurance operations.
Role Overview & Shariah Advisory Mandate
The Shariah Advisor will provide authoritative technical advice on Re-Takaful policies, treaties, facultative arrangements, and investment operations in accordance with Islamic jurisprudence and SECP Takaful Rules 2012. Core duties include structuring Shariah-compliant retakaful agreements, conducting Shariah compliance audits of underwriting accounts, issuing formal rulings on operational and investment transactions, and delivering technical training sessions to company executives on Islamic finance principles.
Candidate Profile & Islamic Juristic Credentials
Candidates must hold either a Shahadat-ul-Aalamiyyah degree (Darse-Nizami) from a recognized Madaris board accompanied by an HEC-recognized Bachelor degree and a minimum of four years experience issuing rulings in Fiqh-ul-Muamulat (including Takhasus fil Ifta); or a Post-Graduate degree in Islamic Jurisprudence / Usooluddin L.L.M (Shariah). The position demands at least seven (07) years of specialized experience as a Shariah Advisor in the Takaful or Re-Takaful sector. The upper age limit is 55 years.
Nature of Engagement & Retainer Terms
The advisory engagement will be made for an initial period of two (02) years, extendable subject to satisfactory performance, company requirements, and Board approval. The advisor will receive a fixed monthly consultancy/advisory retainer fee determined during the interview in accordance with experience and corporate guidelines.
How to Apply
Eligible candidates can apply online via the National Job Portal (NJP) at https://www.njp.gov.pk or email their updated resume along with attested educational credentials and CNIC to careers@pakre.org.pk within 15 days of advertisement issuance (no later than 05 October 2026).
Important Instructions
- Applicants currently employed in the public sector must present an official departmental NOC at the time of the interview.
- No Travelling Allowance or Daily Allowance (TA/DA) is permissible for appearing in the selection interview.
- Only shortlisted candidates meeting all regulatory criteria prescribed under SECP Takaful Rules will be invited for assessment.
- Official advertisement reference: PID(K)932/26.