Manager, Product Development and Planning 37 views

About Kifiya:

Unlike vertical-specific product roles, this position operates horizontally across MSME finance, AgriFin, asset finance, Takaful integration, Islamic capital structuring, and ecosystem platforms. The role ensures product coherence, Shariah integrity, capital efficiency, technological integration, and portfolio sustainability.

The Manager translates Islamic financial jurisprudence into scalable, AI-enabled financial infrastructure that is commercially viable, risk-aligned, digitally embedded, and compliant with global Shariah governance standards.

• Design and standardize Shariah-compliant product frameworks across all financing pillars including Murabaha, Ijara, Salam, Musharaka, Wakalah, and hybrid structures.
• Ensure all product structures reflect genuine asset ownership, risk sharing principles, transparent cost disclosure, and clear profit methodologies.
• Translate Shariah board rulings and fatwas into operational product templates and documentation standards.
• Develop modular product architecture enabling cross-vertical scalability.
• Ensure harmonization of contract documentation, pricing logic, and compliance tracking mechanisms.

Multi-Vertical Product Planning

Lead integrated product planning across:

• Islamic MSME working capital and inventory finance
• Agricultural Salam and value chain financing
• Asset and lease-to-own financing
• Takaful-embedded protection solutions
• Islamic embedded finance and marketplace integration
• Wakalah-based liquidity pool structures

Ensure alignment across verticals to avoid product fragmentation or structural inconsistency.

Capital Efficiency and Financial Structuring

• Design profit rate methodologies aligned with Shariah principles and competitive market positioning.
• Align product growth with Islamic liquidity structures, Wakalah pools, and capital allocation frameworks.
• Support Sukuk enablement, Islamic securitization modeling, and receivables structuring initiatives.
• Collaborate with Capital Solutions to ensure Shariah-compliant capital formation.
• Drive portfolio yield sustainability while preserving Shariah integrity.

Credit and Risk Integration

• Integrate Shariah product logic into Intelligent Data Decisioning infrastructure.
• Embed profit rate logic, asset validation workflows, ownership transfer tracking, and compliance monitoring within the Intelligent Financial Infrastructure stack.
• Ensure asset-backed transaction validation before disbursement.
• Collaborate with Risk and Analytics teams to align predictive modeling with Islamic financial structures.
• Monitor portfolio quality including profit realization patterns, delinquency, asset recovery, and displaced commercial risk.

Rollout Governance and Operational Integration

• Develop phased rollout strategies across partner banks and ecosystem institutions.
• Establish Shariah-compliant SOPs for origination, documentation, asset purchase validation, profit realization, and collections.
• Coordinate with Technology, Risk, Growth, and Operations teams to ensure end-to-end execution discipline.
• Ensure all Shariah financial products are digitally embedded and not manually workaround dependent.

Compliance, Audit, and Governance Alignment

• Work closely with the Shariah Governance function to ensure product approval before commercialization.
• Support Shariah audit preparation and remediation of non-compliance findings.
• Maintain comprehensive product documentation and compliance logs.
• Ensure regulatory alignment in all operating jurisdictions.
• Embed audit traceability within digital systems.

Ecosystem and Institutional Enablement

Design Shariah financing frameworks adaptable for:

• Islamic banking windows
• Microfinance institutions
• SACCOs and cooperatives
• Agribusiness value chains
• E-commerce and embedded finance platforms

Support institutional partner onboarding and capacity building.

Enable scalable product replication across markets.

Performance Monitoring and Optimization

Track portfolio performance across all Shariah verticals including:

• Revenue and profit realization
• Portfolio at risk
• Capital utilization efficiency
• Asset verification compliance
• Product adoption and renewal
• Risk tier performance

Continuously refine pricing, segmentation, and structuring models based on data insights.

Key Outputs

• Fully standardized Shariah product architecture across all verticals
• Successful rollout of multi-pillar Islamic financing portfolio
• Portfolio at risk and NPL within defined thresholds
• Capital utilization aligned with Wakalah and Islamic liquidity frameworks
• Shariah audit clearance with minimal compliance exceptions
• Integrated digital Shariah compliance monitoring system
• Sustainable profit rate performance and revenue growth
• Cross-market product scalability

Qualifications and Experience

• Bachelor’s degree in Finance, Economics, Islamic Finance, Business, or related field.
• Master’s degree preferred.
• Formal training or certification in Islamic Finance strongly preferred.

Experience

• Minimum 8 to 12 years of experience in Islamic banking, Islamic fintech, or Shariah-compliant financial structuring.
• Demonstrated experience designing and launching Murabaha, Ijara, Salam, or Wakalah structures.
• Exposure to Islamic capital markets, Sukuk structuring, or liquidity management preferred.
• Experience operating in multi-institutional or ecosystem-driven financial environments.
• Strong familiarity with AAOIFI standards and Shariah governance frameworks.
• Experience integrating financial products into digital platforms preferred.

• Islamic Financial Structuring Expertise
• Shariah Governance Fluency
• Multi-Vertical Product Architecture Design
• Capital and Liquidity Structuring Capability
• Credit and Portfolio Risk Integration
• AI-Enabled Financial Infrastructure Integration
• Cross-Functional Execution Leadership
• Regulatory and Compliance Discipline
• Strategic Ecosystem Thinking
• Data-Driven Optimization