Resolution No. 259 (4/26) Payment of Increment on Loan by a Third Party, and Shari’ah Ruling on Fees for Letters of Guarantee and letters of Credit
20 November، 2025

The Council of the International Islamic Fiqh Academy of the Organization of Islamic Cooperation‭, ‬holding its twenty-sixth session in Doha‭, ‬State of Qatar‭, ‬on 6-10‭ ‬Dhūl-Qi’dah 1446H‭ (‬4–8‭ ‬May 2025‭), ‬

HAVING CONSIDERED Resolution No‭. ‬12‭ (‬12/2‭) ‬of the Academy regarding The Letters of Guarantee‭,‬

HAVING REVIEWED the research papers submitted to the Academy concerning Payment of additional amounts on loans by a third party‭,‬‭ ‬and the legal ruling on fees for letters of guarantee and documentary credits‭,‬

HAVING LISTENED to the in-depth discussions on the subject‭,‬

RESOLVES

The Council of the Academy decided to postpone adopting a resolution on the two topics in order to allow for further research and study‭.‬

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.

4 March، 2026|
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