They will explore innovative financing mechanisms, including Islamic finance, partnerships, and investment opportunities that can drive sustainable development. ... Digital Transformation: The delegation will discuss the role of digital innovation and technology in advancing socio-economic development.

Can the driving forces behind digital transformation deliver on their promise and elevate the economies of the poorest countries through digital inclusion? ... Our role is to transform the challenges into an opportunity.

Jeddah, KSA, 10 August 2023 - The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Insurance arm of the Islamic Development Bank (IsDB) Group, received a prestigious global award from the Global Brand Magazine as the "Leading Digital Economic Transformation Initiative" for its groundbreaking initiative for establishing OIC Business Intelligence Center (OBIC). ... By establishing the OBIC, which was endorsed by the Standing Committee for Economic and Commercial Cooperation of the Organization of the Islamic Cooperation (COMCEC) and the OIC Member States, ICIEC aims to drive digital transformation in economic ecosystems, ultimately contributing to sustainable development.

Comoros will advance its e-government transformation with EUR 6.30 million to build resilient ICT infrastructure, enhance service delivery, and equip citizens with digital skills. ... Beyond individual countries, the Bank has endorsed US$ 7 million for the Tadamon 2.0, a Community Empowerment Program that aims to reach vulnerable populations across Member Countries with digital literacy, healthcare, and Islamic finance while strengthening the capacity of civil society organizations. 

That is why this partnership with the Islamic Development Bank has the potential to be transformative." ... Islamic Development Bank President Dr.

Rome, Italy:  12 February 2025 – Islamic Development Bank (IsDB) President, H.E. ... This strategic approach integrates food security, climate resilience, and fragility into a holistic development approach, leveraging technology and digital transformation to enhance productivity and market access, expanding financial inclusion through innovative financing mechanisms for smallholder farmers, and strengthening legal and regulatory frameworks to support rural economies. 

President Al Jasser applauded the partnership with AIIB, which recently resulted in co-financing an important health system transformation project in Indonesia. ... He welcomed the proposal to participate in the MDB collaborative co-financing platform, involving a digital marketplace and co-financing forum.  

It can be adapted for any kind of asset type, including shares, sukuk, and digital currencies, as well as central banks' digital currencies (CBDCs). ... This project aligns with the Institute’s strategic objective to provide fintech knowledge solutions to the Islamic finance industry in IsDB Member Countries and worldwide.

Doha, Qatar – May 14, 2024 –, The Chairman of the Islamic Development Bank Group (IsDB) H.E. ... The Islamic Development Bank Group remains committed to its role as a development maximizer, providing impactful financing solutions and fostering strong partnerships to advance economic progress and prosperity in the region.

Syed Faiq Najeeb, Lead Islamic Finance Specialist, highlighted the IsDB Group’s commitment to Islamic social finance. He showcased successful international examples where Awqaf and digital transformation have significantly scaled the impact of social initiatives in several Muslim countries.