Article (1)

In implementation of the provisions of these by-laws, the following words and phrases shall have the meanings assigned to each of them, unless the context necessitates otherwise:

The Centre: The International Islamic Centre for Reconciliation and Commercial Arbitration.

The Procedures: The Procedures governing Reconciliation and Commercial Arbitration at the Centre.

The Secretary-General: The Secretary-General of the Centre.

The Panel: The Arbitration Panel formed According to the Provisions of these procedures

Arbitration Agreement: Written Agreement between the parties involved to resort to Arbitration whether before the emergence of a dispute (Arbitration Clause) or after the emergence of dispute (Arbitration Provision).

The Directory: The Directory listing the names of the arbitrators employed by the Centre.

The Board of Trustees: The Centre's Board of Trustees. The Committee : The Executive Committee of the Centre. The statute : The statute of the Centre.

Article (2)

1. Agreement on Arbitration as per the provisions of these procedures precludes the submission of the dispute to, or appealing the Panel's ruling on the dispute with any other entity.