Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the Islamic Fiqh Academy has organized its 24th session in Dubai to discuss the most important topics. SMARTCONTRACTS and how to activate and remove them: study smart contracts and their relevance to the subject of digital currency. Inflation and currency change, FIDIC contracts, tolerance in Islam and its social and international necessity and its effects, achieving food and water security, the most important problems faced by Islamic countries and its effects on the future challenges of the Islamic Ummah, human genome and future bioengineering - reviewing the decisions of the Academy - and showing its effective returns, developments and challenges.
In all of this, he issued useful decisions. With regard to smart contracts, and because of their problems and uncertainty, and the development in which they may change what is thought to be sufficient for them, he decided to postpone the decision of the contracts until a specialized seminar on them. In the subject of incinerated coins, or encrypted cryptography, to study all aspects of these contracts, while emphasizing its previous decision No. 52 (3/6) on the provision of contracts with modern communication machines, in all its paragraphs, and that this The decision applies to electronic contracts that are independent of smart contracts. This indicates the deliberation of the Synod in its judgments until it is fully conceived.
As for the inflation of the currency value suffered by many currencies, the Synod saw its division into obscene, and proceeded, and decided that when hyperinflation occurs after the emergence of debt, there is no objection to the agreement of the creditor and the debtor when repaying the repayment of the debt in value, or distributing the harm between the parties And that it may not be agreed upon at the time of contracting, and decided that it is due in the discretion of the obscene, either by mutual consent or the judiciary or arbitration. He also issued 12 recommendations on the subject that would have a significant impact on inflation if they were taken into account.
As for the FIDIC contracts, which are a set of models for engineering construction contracts aimed at controlling the relationship between an employer or his representative, and those who execute this contract, for the completion of a project with multiple elements of construction so that it is ready for use in what was prepared for him, he decided that this contract is permissible. Sharia, if it is a commitment to the provisions and legal controls between the contractors.
As for tolerance in Islam, it has been decided that it is an authentic principle in Islam. Its evidence is contained in the Qur'an and the Sunnah, and it has many applications in the biography of the Prophet and the actions of the Sahaabah (may Allaah be pleased with them) and Islamic history. He also praised the UAE's efforts to achieve tolerance and coexistence among people to give a clear picture of the tolerance of Islam in coexistence.
It also recommended the inclusion of the value of tolerance in the educational curricula. Including religious discourse values of tolerance in all fields, and highlighting the value of tolerance in the media and various social media.
With regard to achieving food and water security in Islamic countries, the Synod stated that Islam calls for the preservation and economy of water and food and forbids wastefulness in all things, and all that affects individuals and societies, and issued recommendations to countries and peoples to ensure self-sufficiency of water and food. If it was taken out.
The subject of human genome and future bioengineering, in which he emphasized his previous decision No. 203, and the modern techniques of genetic modification and editing of genes with the function of replacement or correction, has decided that it is permissible in three conditions governing its use and prevent manipulation.
Thus, the Council was successful in its useful decisions, and the Department of Islamic Affairs pioneered and creative in its organization, thank God for his success and thanks to those who patronized and organized and contributed to its achievement.
«Chief Mufti Director of Fatwa Department in Dubai»
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