OIC-AC to Co-organize the Arbitration Days Symposium
The “Arbitration Days Symposium” co-organized by the OIC-AC and Istanbul Aydın University Faculty of Law will take place in Istanbul on 23 and 24 May 2024.
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History
The OIC-AC has been established as per its Statute and the Host Country Agreement between Türkiye and the Islamic Chamber of Commerce, Industry and Agriculture (ICCIA). Its establishment is the outcome of the resolutions in the 32nd, 33rd and 34th sessions of the Standing Committee for Economic and Commercial Cooperation of the OIC (COMCEC), the 43rd, 44th and 45th sessions of the Council of Foreign Ministers of the OIC, and the 27th Board of Directors meeting of the ICCIA.
Learn moreVision & Mission
The OIC-AC promotes business development by effectively serving the alternative dispute resolution (ADR) community to settle commercial and investment disputes on a global scale.
The Centre envisages becoming a thought leader and the foremost global centre for ADR.
Learn moreThe Centre envisages becoming a thought leader and the foremost global centre for ADR.
The OIC-AC has been established to assist the parties, i.e., natural, and legal persons from the Member States of the OIC and Non-OIC States, to settle commercial and investment disputes through arbitration and other methods of alternative dispute resolution (ADR).
Main organs of the OIC-AC
The Board of Trustees
The Board of Trustees of the OIC-AC consists of 11 members. Geographical diversity, solid know-how on alternative dispute resolution, and sound regional/global reputation are the substantive criteria for appointing the members of the Board of Trustees. The Board of Trustees is in charge of the formation of the aim and the policy of the OIC-AC, the appointment of the Board of Directors, and amendments to the Statute of the OIC-AC.
The Board of Directors
The Board of Directors of the OIC-AC consists of 7 members each of whom is among the prominent figures of their respective profession. Geographical diversity as well as solid know-how in law and arbitration are the substantive criteria in appointing the members of the Board of Trustees. Preparation, adoption, and revision of ADR rules and appointment of the members of the International Supervisory Board are among the duties of the Board of Directors.
The Secretariat
The Secretariat comprises the Secretary-General who shall be a qualified lawyer with at least 10 years of experience and knowledge of international arbitration, Deputy/Deputies to the Secretary-General, and a sufficient number of staff. The Secretariat is in charge of the day-to-day management of the OIC-AC and functions in accordance with the resolutions of the Board of Directors, the Statute of the OIC-AC, and the Rules.
The International Supervisory Board
The International Supervisory Board comprises 21 members, each of whom shall be a qualified lawyer with at least 10 years of experience and knowledge of international arbitration.
Latest News and Press Releases
Participation in the Istanbul Arbitration Days
The OIC-AC supported and participated in the inaugural Istanbul Arbitration Days organized by Istanbul Arbitration Centre / ISTAC on 18-20 April 2024.
Visit of the RAC Delegation
Ms. Sabina Ganieva, Executive Administrator, and Ms. Sofia Aseeva, Case Counsel, of the Russian Arbitration Center (RAC) at the Russian Institute on Modern Arbitration visited the OIC-AC Headquarters in Istanbul.
Message by Dr. Oseni, Secretary-General
The OIC-AC has appointed Dr. Umar. A. Oseni as its Secretary-General. Dr. Oseni, who has warmly been welcomed, brings a wealth of experience in legal and compliance, alternative dispute resolution (ADR), Islamic finance,…
OIC-AC and AHBV Sign MoU
The OIC-AC and Ankara Hacı Bayram Veli University (AHBV) entered into a memorandum of understanding (MoU).
OIC-AC and ITOTAM Sign Memorandum of Understanding
The OIC-AC is pleased to inform you of entering a Memorandum of Understanding (MoU) with the Istanbul Chamber of Commerce Arbitration and Mediation Center (ITOTAM).