
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.
Read Also
Lastest








