This Disbursement Handbook reflects a summary of the disbursement policies, guidelines, and procedures of the Islamic Development Bank (‘IsDB’ or ‘Bank’). It is intended to serve as a reference tool for beneficiaries, executing agencies, project implementation units, co-financiers, and other external contracting parties involved in the preparation and implementation of projects and programs financed by or through the Bank.
The policies and procedures outlined in this Handbook apply to sovereign and sovereign-guaranteed operations funded in whole or part, or through funds administered, by the Bank.
The handbook concerns the disbursement operations for projects and programs funded by the Bank from proceeds out of its Ordinary Capital Resources, Islamic Solidarity Fund for Development, Waqf Fund, as well as from Special and Trust Funds, and any other donor-originated funds administered by the Bank. It also covers co-financing from partners who have requested the Bank to assume responsibility for administration of project or program disbursements.