This fatwa acknowledges that parties may need to implement a wakalah agreement, viz. devolve authority to another party in matters where proxies are permissible. Moreover, it acknowledges that this practice is offered by shari'a financial institutions as a banking service for customers, and that to ensure shari'a-compliance, shari'a financial institutions require a set of guidelines.
More specifically, among other requirements, the fatwa dictates that statements of consent and accedence must be made by all parties to show their willingness to be a party to an agreement, and that a wakalah agreement may not be terminated unilaterally.