In the name of Allah,
The Entirely Merciful, The Especially Merciful
Praise is due to Allah, Lord of the worlds, may the blessings and peace be upon our master Muhammad, the seal of Prophets, on his family, and all his companions.
Resolution No. 254 (16/25)
Revisiting New Issues in Contemporary Applications of Ijara Ending with Ownership
The Council of the International Islamic Fiqh Academy of the Organization of Islamic Cooperation, holding its 25th session in Jeddah, Kingdom of Saudi Arabia, on 29 Rajab – 3 Shaaban 1444H (20-23 February 2023),
Having considered the Academy’s resolution no. 44 (6/5) on the Rent-to-own Contracts,
Having considered the Academy’s resolution no. 110 (4/12) on Renting Ending in Ownership and Leasing Bonds,
Having considered the Academy’s resolution no. 115 (9/12) on Inflation and the Changing Value of Currency,
Having considered the Academy’s resolution no. 228 (12/23) on the Suggestions of the Committee established by the Secretariat General of the Academy to research some issues on Sukuk,
Having considered the Academy’s resolution no. 238 (9/24) on Hedging Transactions in Islamic Financial Institutions,
Having examined the research papers submitted to the Academy on Revisiting New Issues in Contemporary Applications of Ijara Ending with Ownership,
Having listened to the discussions and deliberations of the Academy’s members and experts,
Resolves
The Council of the Academy decided to postpone adopting a resolution therein pending additional research and studies, with the recommendation to organize a specialized symposium.
Indeed, Allah is All-Knowing.
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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.
