In the Name of Allāh,

the Entirely Merciful, the Especially Merciful

Praise is due to Allāh, Lord of the worlds, may the blessings and peace be upon our master Muḥammad, the last of prophets, on his family, and all his companions.

Resolution No. 45 (7/5)

Real Estate Financing for Housing Construction and Purchase

The Council of the International Islamic Fiqh Academy of the Organization of the Islamic Conference, holding its 5th session in Kuwait City, State of Kuwait, on 1–6 Jumādā al-Ūlā 1409h (10–15 December 1988),

Having presented the subject of Real Estate Financing for Housing Construction and Purchase,

Resolves

To postpone discussion on the subject to the 6th session of the Academy, pend- ing further studies and research in order to issue an appropriate resolution in this regard.

Indeed, Allāh is the Giver of success.