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ICCI approves the amended statute

Islamic Chamber of Commerce & Industry (ICCI) concluded its 14th Board of Directors and 28th General Assembly meetings that have been held recently in Turkey in  response to the kind invitation of Union of Chambers and Commodity Exchanges of Turkey (TOBB).

The meetings have been attended by H.E. Professor Ekmeleddin Ihsanoglu, Secretary General of the Organisation of Islamic Cooperation, Mr. Mostafa H.E. M. Rifat Hisarciklioglu, President of TOBB and Vice President of ICCI, and chairmen of chambers of commerce in the OIC countries. Also, the 48th Financial Committee Meeting was held on April 09, 2012. It reviewed Subscriptions received in 2011 including arrears and of those till March 31, 2012.

In its agenda, the ICCI approved the statute after having the proposed amendments which would provide the Chamber the required flexibility  for performing its role in enhancing cooperation, increasing trade and economic activities amongst the Islamic States, developing new mechanisms to help creating trade and investment opportunities among these countries, in addition to implementing its ten-tear work plan presented by Sheikh Saleh Kamel, President of the chamber for the sake of promoting  the intra-trade from about 12% of the global trade volume to more than 25% within 3 years.

The membership of Brazil Islamic Chamber of Commerce and Industry, Ghana Islamic Chamber of Commerce and Industry, and Irish Islamic Chamber of Commerce was approved as observers. In addition, the ICCI’s Board of Directors discussed the issue of Halal certificate on products imported to the Islamic markets and the importance of ICCI’s support as it is the main representative of the private sector in the Member States of the Islamic Organization of Cooperation. 

The Islamic Chamber of Commerce and Industry signed agreements for cooperation in the field of Halal Commerce and Industries with the following institutions:

• Chamber of Commerce, Industry and Agriculture of the Islamic Republic of Mauritania
• Federation of Pakistan Chambers of Commerce and Industry & Pakistan Halal Products Development Board
• Irish Islamic Chamber of Commerce
• Council of Saudi Chambers of Commerce and Industry (CSCCI)

The cooperation agreement between the ICCI and CSCCI is aimed at supervising and regulating the issuance of Halal certificate and ratifying it, in addition to ensuring well implementation of Halal standards that were approved by the Islamic Chamber and based upon the standards developed by OIC’s group of experts.

It is worthy to mention that H.E Sheikh Saleh Kamel said in previous statements that Halal international trade market reached about $ 640 billion in 2010.


Islamic Chamber of Commerce and Industry - الغرفة الأسلامية للتجارة و الصناعة
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