Agreement on Promotion, Protection and Guarantee of Investments amongst the Member States of the Organization of the Islamic Conference

OIC Investment Agreement (1981)

Treaties with Investment Provisions

In force

05/06/1981

02-1988

en

Mapped

Not mapped

As of 2021, the OIC Investment Agreement was in force for: Burkina Faso, Cameroon, Egypt, Gabon, Gambia, Guinea, Indonesia, Iran, Islamic Republic of, Iraq, Jordan, Kuwait, Lebanon, Libya, Mali, Mauritania, Morocco, Oman, Pakistan, Qatar, Saudi Arabia, Senegal, Somalia, Sudan, State of Palestine, Syrian Arab Republic, Tunisia, Turkey, United Arab Emirates, Uganda.

More information on the status of the agreement and the signatories can be found here.

Relationships with other agreements

Type Agreement
Coexists with Afghanistan - Iran, Islamic Republic of BIT (2006)
Coexists with Afghanistan - Turkey BIT (2004)
Coexists with Albania - Egypt BIT (1993)
Coexists with Albania - Iran, Islamic Republic of BIT (2002)
Coexists with Albania - Kuwait BIT (2007)
Coexists with Albania - Malaysia BIT (1994)
Coexists with Albania - Qatar BIT (2011)
Coexists with Albania - Tunisia BIT (1993)
Coexists with Albania - Turkey BIT (1992)
Coexists with Bangladesh - Indonesia BIT (1998)
Coexists with Bangladesh - Iran, Islamic Republic of BIT (2001)
Coexists with Bangladesh - Malaysia BIT (1994)
Coexists with Bangladesh - Pakistan BIT (1995)
Coexists with Bangladesh - Turkey BIT (2012)
Coexists with Bangladesh - United Arab Emirates BIT (2011)
Coexists with Benin - Burkina Faso BIT (2001)
Coexists with Benin - Guinea BIT (2001)
Coexists with Benin - Guinea BIT (2001)
Coexists with Benin - Guinea BIT (2001)
Coexists with Benin - Guinea BIT (2001)
Coexists with Benin - Guinea BIT (2001)
Coexists with Benin - Guinea BIT (2001)
Coexists with Benin - Guinea BIT (2001)
Coexists with Benin - Lebanon BIT (2004)
Coexists with Benin - Mali BIT (2001)
Coexists with Benin - Morocco BIT (2004)
Coexists with Benin - United Arab Emirates BIT (2013)
Coexists with Burkina Faso - Comoros BIT (2001)
Coexists with Burkina Faso - Guinea BIT (2003)
Coexists with Burkina Faso - Malaysia BIT (1998)
Coexists with Burkina Faso - Mauritania BIT (2001)
Coexists with Burkina Faso - Morocco BIT (2007)
Coexists with Burkina Faso - Tunisia BIT (1993)
Coexists with Cameroon - Egypt BIT (2000)
Coexists with Cameroon - Guinea BIT (2001)
Coexists with Cameroon - Mali BIT (2001)
Coexists with Cameroon - Mauritania BIT (2001)
Coexists with Cameroon - Morocco BIT (2007)
Coexists with Cameroon - Turkey BIT (2012)
Coexists with Comoros - Egypt BIT (1994)
Coexists with Comoros - Mali BIT (2001)
Coexists with Côte d'Ivoire - Tunisia BIT (1995)
Coexists with Djibouti - Egypt BIT (1998)
Coexists with Djibouti - Iran, Islamic Republic of BIT (2010)
Coexists with Djibouti - Malaysia BIT (1998)
Coexists with Djibouti - Turkey BIT (2013)
Coexists with Egypt - Gabon BIT (1997)
Coexists with Egypt - Guinea BIT (1998)
Coexists with Egypt - Indonesia BIT (1994)
Coexists with Egypt - Iran, Islamic Republic of BIT (1977)
Coexists with Egypt - Jordan BIT (1996)
Coexists with Egypt - Kuwait BIT (2001)
Coexists with Egypt - Libya BIT (1990)
Coexists with Egypt - Lebanon BIT (1996)
Coexists with Egypt - Malaysia BIT (1997)
Coexists with Egypt - Mali BIT (1998)
Coexists with Egypt - Morocco BIT (1997)
Coexists with Egypt - Niger BIT (1998)
Coexists with Egypt - Nigeria BIT (2000)
Coexists with Egypt - Oman BIT (1998)
Coexists with Egypt - State of Palestine BIT (1998)
Coexists with Egypt - Qatar BIT (1999)
Coexists with Egypt - Pakistan BIT (2000)
Coexists with Egypt - Senegal BIT (1998)
Coexists with Egypt - Somalia BIT (1982)
Coexists with Egypt - Sudan BIT (2001)
Coexists with Egypt - Syrian Arab Republic BIT (1997)
Coexists with Egypt - Tunisia BIT (1989)
Coexists with Egypt - Turkey BIT (1996)
Coexists with Egypt - Uganda BIT (1995)
Coexists with Egypt - United Arab Emirates BIT (1997)
Coexists with Egypt - Yemen BIT (1996)
Coexists with Gabon - Lebanon BIT (2001)
Coexists with Gabon - Mali BIT (2005)
Coexists with Gabon - Morocco BIT (2004)
Coexists with Gabon - Turkey BIT (2012)
Coexists with Gambia - Guinea BIT (2002)
Coexists with Gambia - Iran, Islamic Republic of BIT (2007)
Coexists with Gambia - Libya BIT (1995)
Coexists with Gambia - Mali BIT (2004)
Coexists with Gambia - Mauritania BIT (2001)
Coexists with Gambia - Morocco BIT (2006)
Coexists with Gambia - Qatar BIT (2002)
Coexists with Gambia - Turkey BIT (2013)
Coexists with Guinea - Lebanon BIT (2004)
Coexists with Guinea - Malaysia BIT (1996)
Coexists with Guinea - Mali BIT (2001)
Coexists with Guinea - Mauritania BIT (2001)
Coexists with Guinea - Morocco BIT (2002)
Coexists with Guinea - Tunisia BIT (1990)
Coexists with Guinea - Turkey BIT (2013)
Coexists with Indonesia - Iran, Islamic Republic of BIT (2005)
Coexists with Indonesia - Jordan BIT (1996)
Coexists with Indonesia - Malaysia BIT (1994)
Coexists with Indonesia - Morocco BIT (1997)
Coexists with Indonesia - Pakistan BIT (1996)
Coexists with Indonesia - Qatar BIT (2000)
Coexists with Indonesia - Saudi Arabia BIT (2003)
Coexists with Indonesia - Sudan BIT (1998)
Coexists with Indonesia - Syrian Arab Republic BIT (1997)
Coexists with Indonesia - Tajikistan BIT (2003)
Coexists with Indonesia - Tunisia BIT (1992)
Coexists with Indonesia - Turkey BIT (1997)
Coexists with Indonesia - Yemen BIT (1998)
Coexists with Iran, Islamic Republic of - Kuwait BIT (2007)
Coexists with Iran, Islamic Republic of - Lebanon BIT (1997)
Coexists with Iran, Islamic Republic of - Libya BIT (2006)
Coexists with Iran, Islamic Republic of - Malaysia BIT (2002)
Coexists with Iran, Islamic Republic of - Morocco BIT (2001)
Coexists with Iran, Islamic Republic of - Oman BIT (2001)
Coexists with Iran, Islamic Republic of - Pakistan BIT (1995)
Coexists with Iran, Islamic Republic of - Qatar BIT (1999)
Coexists with Iran, Islamic Republic of - Sudan BIT (1999)
Coexists with Iran, Islamic Republic of - Syrian Arab Republic BIT (1998)
Coexists with Iran, Islamic Republic of - Tajikistan BIT (1995)
Coexists with Iran, Islamic Republic of - Turkey BIT (1996)
Coexists with Iran, Islamic Republic of - Tunisia BIT (2001)
Coexists with Iran, Islamic Republic of - Yemen BIT (1996)
Coexists with Iraq - Kuwait BIT (1964)
Coexists with Jordan - Kuwait BIT (2001)
Coexists with Jordan - Lebanon BIT (2002)
Coexists with Jordan - Malaysia BIT (1994)
Coexists with Jordan - Morocco BIT (1998)
Coexists with Jordan - Oman BIT (2007)
Coexists with Jordan - State of Palestine BIT (2012)
Coexists with Jordan - Qatar BIT (2009)
Coexists with Jordan - Sudan BIT (2000)
Coexists with Jordan - Syrian Arab Republic BIT (2001)
Coexists with Jordan - Tunisia BIT (1995)
Coexists with Jordan - Turkey BIT (1993)
Coexists with Jordan - United Arab Emirates BIT (2009)
Coexists with Jordan - Yemen BIT (1996)
Coexists with Kuwait - Lebanon BIT (2001)
Coexists with Kuwait - Malaysia BIT (1987)
Coexists with Kuwait - Mauritania BIT (2006)
Coexists with Kuwait - Morocco BIT (1999)
Coexists with Kuwait - Pakistan BIT (2011)
Coexists with Kuwait - Sudan BIT (2001)
Coexists with Kuwait - Syrian Arab Republic BIT (2001)
Coexists with Kuwait - Tajikistan BIT (1995)
Coexists with Kuwait - Tunisia BIT (1973)
Coexists with Kuwait - Turkey BIT (2010)
Coexists with Kuwait - United Arab Emirates BIT (1966)
Coexists with Kuwait - Yemen BIT (2001)
Coexists with Lebanon - Malaysia BIT (1998)
Coexists with Lebanon - Mauritania BIT (2004)
Coexists with Lebanon - Morocco BIT (1997)
Coexists with Lebanon - Oman BIT (2006)
Coexists with Lebanon - Pakistan BIT (2001)
Coexists with Lebanon - Qatar BIT (2010)
Coexists with Lebanon - Sudan BIT (2004)
Coexists with Lebanon - Syrian Arab Republic BIT (2010)
Coexists with Lebanon - Tunisia BIT (1998)
Coexists with Lebanon - Turkey BIT (2004)
Coexists with Lebanon - United Arab Emirates BIT (1998)
Coexists with Lebanon - Yemen BIT (1999)
Coexists with Libya - Morocco BIT (2000)
Coexists with Libya - Qatar BIT (2004)
Coexists with Libya - Syrian Arab Republic BIT (1993)
Coexists with Libya - Tunisia BIT (2005)
Coexists with Libya - Turkey BIT (2009)
Coexists with Malaysia - Morocco BIT (2002)
Coexists with Malaysia - Pakistan BIT (1995)
Coexists with Malaysia - Saudi Arabia BIT (2000)
Coexists with Malaysia - Senegal BIT (1999)
Coexists with Malaysia - Sudan BIT (1998)
Coexists with Malaysia - Syrian Arab Republic BIT (2009)
Coexists with Malaysia - Turkey BIT (1998)
Coexists with Malaysia - United Arab Emirates BIT (1991)
Coexists with Malaysia - Yemen BIT (1998)
Coexists with Mali - Qatar BIT (2002)
Coexists with Mali - Senegal BIT (2005)
Coexists with Mali - Tunisia BIT (1986)
Coexists with Mauritania - Morocco BIT (2000)
Coexists with Mauritania - Qatar BIT (2003)
Coexists with Mauritania - Tunisia BIT (1986)
Coexists with Morocco - Oman BIT (2001)
Coexists with Morocco - Pakistan BIT (2001)
Coexists with Morocco - Qatar BIT (1999)
Coexists with Morocco - Senegal BIT (2006)
Coexists with Morocco - Sudan BIT (1999)
Coexists with Morocco - Syrian Arab Republic BIT (2001)
Coexists with Morocco - Tunisia BIT (1994)
Coexists with Morocco - Turkey BIT (1997)
Coexists with Morocco - United Arab Emirates BIT (1999)
Coexists with Morocco - Yemen BIT (2001)
Coexists with Niger - Tunisia BIT (1992)
Coexists with Nigeria - Turkey BIT (2011)
Coexists with Nigeria - Uganda BIT (2003)
Coexists with Oman - Pakistan BIT (1997)
Coexists with Oman - Sudan BIT (1999)
Coexists with Oman - Syrian Arab Republic BIT (2005)
Coexists with Oman - Tunisia BIT (1991)
Coexists with Oman - Turkey BIT (2007)
Coexists with Oman - Yemen BIT (1998)
Coexists with Pakistan - Qatar BIT (1999)
Coexists with Pakistan - Syrian Arab Republic BIT (1996)
Coexists with Pakistan - Tajikistan BIT (2004)
Coexists with Pakistan - Tunisia BIT (1996)
Coexists with Pakistan - Turkey BIT (1995)
Coexists with Pakistan - Turkey BIT (2012)
Coexists with Pakistan - United Arab Emirates BIT (1995)
Coexists with Pakistan - Yemen BIT (1999)
Coexists with Qatar - Senegal BIT (1998)
Coexists with Qatar - Sudan BIT (1998)
Coexists with Qatar - Syrian Arab Republic BIT (2003)
Coexists with Qatar - Tajikistan BIT (2007)
Coexists with Qatar - Tunisia BIT (1996)
Coexists with Qatar - Turkey BIT (2001)
Coexists with Qatar - Yemen BIT (2000)
Coexists with Saudi Arabia - Turkey BIT (2006)
Coexists with Senegal - Syrian Arab Republic BIT (1975)
Coexists with Senegal - Tunisia BIT (1984)
Coexists with Senegal - Turkey BIT (2010)
Coexists with Sudan - Syrian Arab Republic BIT (2000)
Coexists with Sudan - Tunisia BIT (2003)
Coexists with Sudan - United Arab Emirates BIT (2011)
Coexists with Sudan - Yemen BIT (1999)
Coexists with Syrian Arab Republic - Tajikistan BIT (2007)
Coexists with Syrian Arab Republic - Tunisia BIT (2001)
Coexists with Syrian Arab Republic - Turkey BIT (2004)
Coexists with Syrian Arab Republic - United Arab Emirates BIT (1997)
Coexists with Syrian Arab Republic - Yemen BIT (1996)
Coexists with Tajikistan - Turkey BIT (1996)
Coexists with Tajikistan - United Arab Emirates BIT (1995)
Coexists with Tunisia - Turkey BIT (1991)
Coexists with Tunisia - United Arab Emirates BIT (1996)
Coexists with Tunisia - Yemen BIT (1998)
Coexists with Turkey - United Arab Emirates BIT (2005)
Coexists with Turkey - Yemen BIT (2000)
Coexists with United Arab Emirates - Yemen BIT (2001)
No overlap Albania - Turkey FTA (2006)
No overlap Egypt - Turkey FTA (2005)
No overlap Syria - Turkey FTA (2004)
No overlap Palestine - Turkey FTA (2004)
No overlap Morocco - Turkey FTA (2004)
No overlap Jordan - Turkey FTA (2009)
Coexists with Malaysia - Pakistan CEPA (2007)
Coexists with Egypt - Saudi Arabia (1990)
No overlap Malaysia - Turkey FTA (2014)
Coexists with Guinea-Bissau - Morocco BIT (2015)
Coexists with Mali - Morocco BIT (2014)
Coexists with Côte d'Ivoire - Turkey BIT (2016)
Coexists with Somalia - Turkey BIT (2016)
Coexists with Morocco - Nigeria BIT (2016)
Coexists with Jordan - Turkey BIT (2016)
Coexists with Iraq - Kuwait BIT (2013)
Coexists with Indonesia - Libya BIT (2009)
Coexists with Kuwait - Senegal BIT (2009)
Coexists with Kuwait - Nigeria BIT (2011)
Coexists with Sudan - Turkey BIT (2014)
Coexists with Turkey - Benin BIT (2013)
Coexists with Sudan - United Arab Emirates BIT (2001)
Coexists with Morocco - Senegal BIT (2001)
Coexists with Morocco - Yemen BIT (1997)
Coexists with Nigeria - Turkey BIT (1996)
Coexists with Nigeria - United Arab Emirates BIT (2016)
Coexists with Mauritania - Turkey BIT (2018)
Coexists with Mali - Turkey BIT (2018)
Coexists with Turkey - State of Palestine BIT (2018)
Coexists with Guinea - United Arab Emirates BIT (2011)
Coexists with Burkina Faso - Turkey BIT (2019)
Coexists with Iran, Islamic Republic of - Iraq BIT (2015)
Coexists with Jordan - Iraq BIT (2013)
Coexists with Benin - Kuwait BIT (2008)
Coexists with Djibouti - Kuwait BIT (2009)
Coexists with Jordan - Saudi Arabia BIT (2017)
Coexists with Mali - United Arab Emirates BIT (2018)
Coexists with Albania - United Arab Emirates BIT (2015)
Coexists with Iraq - Saudi Arabia BIT (2019)
Coexists with Bangladesh - Kuwait BIT (2016)
Coexists with Qatar - Somalia BIT (2018)
Coexists with Côte d'Ivoire - Qatar BIT (2018)
Coexists with Sudan - Turkey BIT (1999)
No overlap Tunisia - Turkey FTA (2004)
Coexists with Indonesia - United Arab Emirates CEPA (2022)
Coexists with Türkiye - United Arab Emirates BIT (2023)
Coexists with Türkiye - United Arab Emirates CEPA (2023)
Coexists with Gambia - United Arab Emirates BIT (2019)

Mapped treaty elements


Expand / collapse all
Reference to right to regulate (e.g. regulatory autonomy, policy space, flexibility to introduce new regulations)
No
Reference to sustainable development
No
Reference to social investment aspects (e.g. human rights, labour, health, CSR, poverty reduction)
Yes
Reference to environmental aspects (e.g. plant or animal life, biodiversity, climate change)
No
Definition of investment
Type of definition
Asset-based definition
Limitations to the definition of investment
Excludes portfolio investment
No
Excludes other specific assets (e.g. sovereign debt, ordinary commercial transactions, etc.)
No
Lists required characteristics of investment
Yes
Contains "in accordance with host State laws" requirement
No
Sets out closed (exhaustive) list of covered assets
No
Definition of investor
Definition included
Yes
Specifying natural persons covered
Includes permanent residents
No
Excludes dual nationals
No
Specifying legal entities covered
Includes requirement of substantial business activity
No
Defines ownership and control of legal entities
No
Denial of benefits (DoB)
DoB clause included
No
Content of the DoB clause
"Substantive business operations" criterion
No
Applies to investors from States with no diplomatic relations or under economic/trade restrictions
No
Discretionary ("Party may deny") or mandatory ("benefits shall be denied")
Not stipulated
Substantive scope of the treaty
Limiting substantive scope of the treaty
Excludes taxation
No
Excludes subsidies, grants
No
Excludes government procurement
No
Excludes other subject matter
No
Temporal scope of the treaty
Investments covered
Not stipulated
Disputes covered
Not stipulated
National treatment (NT)
Type of NT clause
None
Reference to "like circumstances" (or similar)
Not applicable
Most-favoured-nation (MFN) treatment
Type of MFN clause
Post-establishment
Exceptions from MFN obligation
Economic integration agreements
Yes
Taxation treaties
Yes
Procedural issues (ISDS) or substantive IIA standards
No
Fair and equitable treatment (FET)
Type of FET clause
None
FET qualified
By reference to international law
Not applicable
By listing FET elements (exhaustive or indicative list)
Not applicable
FET modifiers
Not applicable
Full protection and security
Standard
Prohibition on unreasonable, arbitrary or discriminatory measures
No
Expropriation
Scope of measures covered
Indirect expropriation mentioned
Refining expropriation clause
Indirect expropriation defined
No
Carve-out for general regulatory measures
No
Carve-out for compulsory licenses in conformity with WTO
No
Protection from strife
Specifications
Relative right to compensation (comparator)
MFN only
Absolute right to compensation in certain circumstances
No
Transfer of funds
Includes transfer of funds
Yes
Exceptions to the transfer of funds obligation
Balance-of-payments exception
No
Other specific exceptions (e.g. to protect creditors, etc.)
Yes
Prohibition of performance requirements (PRs)
Includes prohibition of PRs
No explicit PR clause
Type of PR clause
Not applicable
Umbrella clause
Yes
Entry and sojourn of personnel (subject to local laws)
Yes
Senior management (nationality)
No
Transparency
Directed at States (obligation to publish laws and regulations)
No
Directed at investors
No
Health and environment (any mentioning in the text, except preamble)
No
Labour standards (any mentioning in the text, except preamble)
No
Right to regulate (any mentioning in the text of this or similar concepts, except preamble)
No
Corporate social responsibility (any mentioning in the text, except preamble)
No
Corruption (any mentioning in the text, except preamble)
No
Not lowering of standards (typically environment and/or labour standards)
No
Subrogation clause
No
Non-derogation clause (in case of IIA’s conflict with other norms, more favourable rules apply to investors)
No
Investment promotion
Reference to specific promotion activities in text of agreement (not preamble)
Yes
Essential security exception
Exception included
No
Exception defined (exceptional circumstances described in more detail)
Not applicable
Exception self-judging
Not applicable
General public policy exceptions
Public health and environment
No
Other public policy exceptions (e.g. cultural heritage, public order, etc.)
No
Prudential carve-out (concerns financial measures)
No
Scheduling and reservations (in treaty texts and annexes)
None
ISDS included
Yes
Alternatives to arbitration
Voluntary ADR (conciliation / mediation)
Scope and consent
Scope of claims: general approach (chapeau paragraph of ISDS clause)
Covers treaty claims only
Limitations to the scope of ISDS
Limitation of provisions subject to ISDS
No
Exclusion of policy areas from ISDS
No
Special mechanism for taxation or prudential measures
No
Type of consent to arbitration
Provides express or implied consent
Forums
ISDS forum options
Domestic courts of the host State
Yes
ICSID
No
UNCITRAL
No
Other forums
Yes
Relationship between forums
"Fork in the road"
Other specific ISDS features
Limitation period for submission of claims
No
Provisional measures
No
Consolidation of claims
No
Limited remedies (specifying available types of remedies)
No
Treaty interpretation
Affirms binding interpretation by contracting parties or their joint committee
No
Requires certain questions to be submitted to contracting parties (renvoi)
No
Regulates submissions by non-disputing State party
No
Transparency in arbitral proceedings
Requires documents to be made publicly available
No
Requires hearings to be open to the public
No
Regulates amicus curiae submissions by third (non-disputing) parties
No
Mechanism for consultations between State parties
No
Institutional framework (committee)
No
Technical cooperation/capacity building
No
Treaty duration
Years of initial treaty term
Indefinite
Automatic renewal
Indefinite term
Amendment and termination
Unilateral termination
Includes modalities for unilateral termination
Yes
Length of notice period
One year prior notice
Includes modalities for amendment or renegotiation
No
"Survival"/"sunset" clause length
Other

11-2025

UNCTAD

The IIA Mapping Project is a collaborative initiative between UNCTAD and universities worldwide to map the content of IIAs. The resulting database serves as a tool to understand trends in IIA drafting, assess the prevalence of different policy approaches and identify treaty examples.

For more information on the project, please read the Mapping Project Description & Methodology .