Islamic Development Bank
Empowering people for a sustainable future
Driving innovation, partnerships, Islamic Finance and value chains
ABS in Islamic Economics and Finance - International Award. Deadline 31 October
Multilateral Development Banks have been at the forefront of supporting our clients’ efforts to pursue ambitious climate action for more than a decade.
The International Atomic Energy Agency (IAEA) and the Islamic Development Bank (IsDB) today launched a drive to raise funds for projects helping countries tackle cancers that affect over 8.6 million women globally every year.
The Board of Executive Directors (BED) of Islamic Development Bank (IsDB) has approved US $238.1 million worth of project financing for Benin Republic, Cote D’Ivoire, Kyrgyz Republic and Nigeria. The BED also approved the financing of a pilot project on energy access to finance through crowdfunding.
The Islamic Development Bank (IsDB) has applauded the Malaysia based energy company, Serba Dinamik Holdings Berhad (SDHB), for providing US $30 million to implement Technical and Vocational Education Training (TVET) in the energy sector in IsDB member countries through Reverse Linkage mechanism. IsDB President, Dr. Bandar Hajjar welcomed the initiative during the signing of agreement with the CEO of SDHB, Dato Dr. M.A Karim Abdullah in Jeddah.
The Islamic Development Bank (IsDB) has pledged its support to establish a new graduate scholarship programme at Oxford University.
The President of France, Mr. Emmanuel Macron has extended an official invitation to the President of Islamic Development Bank (IsDB) Dr. Bandar Hajjar to participate in the Global Fund Replenishment Pledging Conference in Lyon from 9-10 October 2019. He also invites the IsDB President to participate in the Paris Peace Forum from 12-13 November 2019.The Invitation was delivered by Mr. Mostafa Mihraje, the French Consul General in Jeddah during a visit to Dr. Hajjar at the IsDB headquarters.
At least 937 students from China have benefited from the scholarships provided by the Islamic Development Bank (IsDB) through the Community Outreach programme of the bank. IsDB has also approved 27 community development projects at the cost of US $11.8 million through the Special Assistance Programme in education, vocational training, and heath sector in various provinces such as Beijing, Ningxia, Yuan, Tianjin, Hubei and others.
The Board of Executive Directors (BED) of Islamic Development Bank (IsDB) has approved several projects worth US $325 million for Burkina Faso, Kazakhstan, and Mozambique. The approvals also include a Technical Assistance Loan to Suriname and a Waqf (endowment) project through the Islamic Solidarity Fund for Development (ISFD) to Benin Republic.