Search
The IDB President told the participants that the Board of Governors of the Bank in its meeting in May in the State of Kuwait took steps to implement the resolutions of the Third Extraordinary Islamic Summit meeting held in Makkah Al Mukarramah a year before. ... The Coordination Group is composed of the following national and regional development institutions: the Saudi Fund for Development, Kuwait Fund for Development, Arab Fund for Economic and Social Development, Arab Bank for Economic Development in Africa, Arab Gulf Program for United Nations Development Organizations (AGFUND), OPEC Fund for International Development and the Islamic Development Bank.
Operating its fiscal year based on the Hijri calendar and utilizing the Islamic Dinar (ID) as its unit of account (1 ID equivalent to one Special Drawing Right –SDR- of the International Monetary Fund), the total development financing provided by the IDB Group, to date, surpasses US$ 100 billion. ... The report underlines the aspirations of the IDB to “become a World Class development bank by the year 2020, based on Shari’ah (Islamic) principles, that would contribute greatly to changing the face of human development in the Islamic world,” and states as its mission “to promote overall human development, particularly in priority areas such as: alleviating poverty, improving health, promoting education, improving governance, and prospering the nations.”
Ahmad Ali further stated that “providing microfinance to individuals lacking entrepreneurial skills may lead to less than the desired outcomes”. ... Ali further underlined the need to develop unique models for increasing access to finance for the SMEs, like creating dedicated SME-financing business units in Islamic banks, and developing the capital markets, Islamic equity and venture capital funds for SMEs.
“As the global cancer burden continues to increase, international organizations, including multi-lateral development banks, are united in the desire to work together to address this challenge.” The IAEA and IsDB have a longstanding collaboration to support Member States of both entities in improving cancer control.
The President also stated that the Board approved the Annual Audited Financial Statements of the IDB-Unit Investment Fund and interim cash dividend of 4.5% for the Financial Year ended December 31, 2001. ... An Export Financing Operation of Fuel Oil for US$ 15 million from United Arab Emirates to Pakistan.
PERSONS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT (AS DEFINED BELOW)) OUTSIDE OF THE UNITED STATES. ... SECURITIES ACT OF 1933, AS AMENDED (THE SECURITIES ACT) OR WITH ANY SECURITIES REGULATORY AUTHORITY OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES AND MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED WITHIN THE UNITED STATES EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.
The Programs include the Arab Africa Trade Bridges Program (AATB), the second phase of the Aid for Trade Initiative for Arab States (AfTIAS 2.0), including several projects aimed at women and youth empowerment to ensure inclusivity in the global market in addition to the SME Development Program.
Moreover, the views expressed do not necessarily represent the decision or the stated policy of the United Nations Development Programme, nor does citing of trade names or commercial processes constitute endorsement. ... vi Case Studies on Innovations in Islamic Finance Foreword United Nations Development Programme (UNDP) and the Islamic Development Bank (IsDB) have a longstanding partnership which has evolved and strengthened over the years.
GUIDING PRINCIPLES FOR INVESTMENT POLICYMAKING FOR MEMBER STATES OF THE ISLAMIC DEVELOPMENT BANK (ISDB) 3. ... The policy clearly states that IsDB will continue its efforts to mobilize and attract FDI, Foreign Portfolio Investment (FPI) as well as domestic resources and investments in its member states as means to promote RCI through its flagship program “Investment Promotion Technical Assistance Program (ITAP).
I am sure that the LLF Management Unit will leverage, in collaboration with the relevant entities of the Bank, the new initiatives to accelerate the deployment of LLF projects and to deliver lasting benefits for the most vulnerable populations. ... The LLF Management Unit’s proactive engagement in operations expanded the Fund’s geographic coverage, ensured continuous growth with highquality projects, accelerated disbursements, and efficient implementation on the ground.