Establishment:
This Committee was established pursuant to article 7, paragraph 3 of the Charter of the Organization of the Islamic Conference.
 
Membership:
Members of the Committee are representatives of all Member States in the organization of the Islamic Conference.
 
Function:
This Committee assists the Secretary-General to prepare and control budgets in accordance with the rules adopted by the Islamic Conference of Foreign Ministers.
 
Chairmanship:
The country that hosts the Islamic Conference of Foreign Ministers assumes chairmanship of the Committee for the duration of the Conference session.
 
Meeting:
The Committee meets once a year upon invitation of the Secretary-General.