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. 88 (5/9) Calls for Bids
The Council of the International Islamic Fiqh Academy of the Organization of the Islamic Conference, holding its 9th session in Abu Dhabi, United Arab Emirates, on 1–6 Dhū al-Qi’dah 1415h (1–6 April 1995),
Having examined the two research papers submitted to the Academy con- cerning Calls for Bids,
Having listened the discussions on the subject,
In accordance with the Academy’s methodology, requiring the prepara- tion of several studies on the same subject to examine its technical concepts and present its Fiqh opinions,
Resolves
First: To postpone the issuance of a resolution concerning the themes ex- amined under this subject, due to its importance, and to the need to complete the study in all its aspects and details, to elicit all related opinions, and to de- fine the various fields in which bidding may take place, more particularly those fields which are prohibited such as usury-based financial instruments and treas- ury bonds.
Second: The Academy’s members and experts shall submit to the Secretariat General before the session’s end, if possible or shortly after its conclusion, any technical or Shariah-related issues regarding the subject above, whether relating to the procedure, modes, or contracts used for the conclusion of the call for bids. Third: To commission further research on the subject to which technical,
pratical, and fiqh experts shall contribute.
Indeed, Allāh is the Giver of success.
Read Also
Lastest
Secretary‑General of the Academy Visits the Consulate General of the Hashemite Kingdom of Jordan His Excellency Professor Dr. Qutb Mustafa Sano, Secretary‑General of the Academy, paid an official visit on 29 Sha‘ban 1447 AH, corresponding to 17 February 2026, to the Consulate General of the Hashemite Kingdom of Jordan in Jeddah. His Excellency and his accompanying delegation were received by His Excellency Ambassador Mohammed Salah Sobhi Hameed, Consul General and Permanent Representative of Jordan to the Organization of Islamic Cooperation, who welcomed him warmly and expressed his pleasure at the visit. He praised the distinguished intellectual efforts undertaken by the Academy under His Excellency’s leadership in addressing numerous religious and intellectual issues of concern to the Islamic world, affirming his personal honor in meeting His Excellency again and Jordan’s keenness to strengthen channels of communication and cooperation with the Academy, especially in areas of mutual interest. For his part, His Excellency expressed his deep gratitude and great appreciation to the Ambassador for the warm reception and generous hospitality. He commended the tremendous support, gracious care, and continuous attention the Academy has received from the leadership and people of Jordan since its establishment. He also conveyed his sincere appreciation for the Ambassador’s recent visit to the Academy, affirming the Academy’s full readiness to do everything that would enhance partnership, cooperation, coordination, and communication between the Academy and Jordanian religious and academic institutions. His Excellency was accompanied by Mr. Mohammed Al‑Mundhir Rida Al‑Shawk, Director of the Office and Protocol; Mr. Mohammed Waleed Al‑Idrisi, Director of Media and Public Relations; Ms. Sarah Amjad Badawi, Director of the Department of Family, Women, Children, and the Elderly; and Mr. Amjad Ibrahim Al‑Mansi, Head of the Protocol Section.
