News

News

Saudi Arabia
The Islamic Development Bank ("IsDB"), rated Aaa/AAA/AAA by Moody’s, S&P and Fitch (all stable outlook), has successfully priced US$1.5 billion, 5-year Trust Certificates (Sukuk) under its US$25 billion Trust Certificate Issuance Programme. The Sukuk was priced at par at 1.957%, to be payable on semi-annual basis, marking IsDB’s second public issuance in 2019.
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.
Saudi Arabia
H.E. Dr. Bandar Hajjar, President of the Islamic Development Bank (IsDB) Group and Eng. Qaies Ibrahim Julaidan, Chairman of the Board of Trustees of Dar Al Hekma University, signed a Memorandum of Understanding to facilitate cooperation between the two entities in the field of education, academic and vocational training, consulting, and business development programs.