This standard covers the Shariah rulings relating to conclusion of financial contracts online, either by launching commercial websites, or by provision of online access services. The standard aims to indicate the various aspects pertaining to this subject such as the Shariah status of the contracts concluded in this manner, determination of the time of contract inception, permissible procedures of possession after signing the contract, and Shariah rulings relating to protection of online financial dealings.

« Credit Agreement: Appendix C - Definitions Adoption of the Standard »