State Life Insurance Corporation of Pakistan, the country's largest life and health insurer, invites applications for the statutory appointment of Shariah Advisor for its Window Takaful Operations ('Tayyab Takaful') in accordance with SECP's Shariah Advisors Regulations, 2017 and Takaful Rules, 2012.
Institutional Context and Takaful Governance Overview
State Life operates extensive insurance and family takaful networks through its Principal Office on Dr. Ziauddin Ahmed Road, Karachi. The Shariah Advisor oversees Window Takaful operations, ensuring that participant takaful funds (PTF), investment allocations, surplus distributions, and underwriting contracts strictly comply with Islamic jurisprudence and regulatory directives.
Operational Scope and Shariah Governance Duties
The Shariah Advisor reviews and approves takaful product structures, wakalah and mudarabah agreements, and investment portfolio allocations. Responsibilities encompass conducting periodic Shariah compliance reviews, issuing annual Shariah board reports for participants, coordinating with the Securities and Exchange Commission of Pakistan (SECP), and delivering guidance on ethical risk-sharing mechanisms.
Application Preparation and Document Checklist
Candidates must prepare the prescribed dossier comprising:
- Signed State Life Application Form downloaded from www.statelife.com.pk/en/page/career.
- Comprehensive curriculum vitae detailing at least 4 to 5 years in Islamic commercial jurisprudence and Takaful rulings.
- Attested copies of Shahadat-ul-Aalamiyyah / LL.M Shariah degrees and HEC equivalency certificates.
- Notarized affidavit affirming integrity and soundness in accordance with SECP regulations.
- Copy of CNIC, experience letters, and recent passport-sized color photographs.
Submission Logistics and Dispatch Guidelines
Complete application forms along with experience certificates, affidavit, and CNIC copy must be dispatched by postal courier to the Divisional Head (HR & Admin), State Life Insurance Corporation of Pakistan, Principal Office, State Life Building # 9, Dr. Ziauddin Ahmed Road, Karachi within 15 days of publication, closing on 26 October 2026. No TA/DA is admissible.