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Kuala Lumpur, Malaysia, 20 July 2022 - Islamic Development Bank (IsDB) President and Group Chairman, H.E. ... President Al Jasser also took the opportunity to pay a visit to Aerodyne Group, a global leader in drone technology, data technology, and digital transformation solutions which contributes to resolving development challenges and increased industrial productivity in various areas like health, and agriculture, and transport.
Jeddah, Kingdom of Saudi Arabia, 10 May 2023 - The city of Jeddah in the Kingdom of Saudi Arabia, Wednesday, played host to the launching of the Islamic Development Bank (IsDB) Group Member Country Partnership Strategy (MCPS) for the Republic of Uzbekistan. ... Since 2003 when Uzbekistan joined IsDB, the Bank Group has approved a total of US$ 3.464 billion of development financing for Uzbekistan in different sectors including Transport, Energy, Water & Sanitation, Agriculture, Education, Finance, and Health.
It comprises IsDB's public-sector and public-private partnership (PPP) funding of US$2 billion, ITFC (the International Islamic Trade Finance Corporation) financing of US$900 million, ICD (the Islamic Corporation for the Development of the Private Sector) financing of US$300 million, and ICIEC (the Islamic Corporation for the Insurance of Investment and Export Credit), IsDB Group’s investment insurance arm, coverage of US$3.1 billion. The IsDB Group-Türkiye CEF is based on two strategic pillars: (i) Resilient and Sustainable Transition (ii) Productivity Enhancement, Competitiveness, and Inclusive Growth, and has cross-cutting pillars of Digital Transformation; Islamic finance; Regional Economic Cooperation and Integration; Capacity Development; and South–South cooperation.
Other important topics were explored mainly pertaining to further upgrading of health infrastructure in Indonesia, issuance of green Sukuk; digitalization and promotion of FinTech in Islamic Finance; South-South and Triangular Cooperation; boosting the Awqaf sector as well as helping Indonesia mobilize financial resources through enhancing cooperation with the members of the Arab Coordination Group. ... Joko Widodo, and the Islamic Development Bank President - accompanied by the country’s Health Minister and other senior officials - attended the streamlining of 2 state-of-the-art hospitals financed by the Islamic Development Bank.
Islamic Development Bank and Asian Development Bank Pledge $2 Billion for Joint Development Projects
Milan, Italy, 4 May 2025 – The Islamic Development Bank (IsDB) and the Asian Development Bank (ADB) renewed their development commitment by pledging to dedicate US $1 Billion each in cofinancing of joint operations in their Common Member Countries through 2030. ... Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet.
Muhammad Al Jasser, President of the Islamic Development Bank (IsDB), urged greater global investment to transform education systems in low and lower-middle-income countries. ... The IsDB has played a significant role in financing education initiatives across its 57 member countries.
Moreover, he asserted that harnessing the transformative potential of infrastructure to bridge the digital divide and connect communities to the global economy tops IsDB Group’s list of sustainable development priorities. ... Over the years, the Bank has evolved from a single entity into a group comprising five entities: Islamic Development Bank (IsDB), the Islamic Development Bank Institute (IsDBI) tasked with research and training, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for the Development of the Private Sector (ICD), and the International Islamic Trade Finance Corporation (ITFC).
TheIsDB CEF for Azerbaijan will be based on three main pillars namely, i) Green, resilient, and sustainable infrastructure development, including support for Karabakh reconstruction, renewable energy, regional connectivity, and sustainable production of hydrocarbon resources; ii) Supporting productivity-based growth in a competitive and diversified economy, encompassing private sector development, exports, and innovation in agriculture, as well as the Halal ecosystem, and iii) Cross-cutting areas such as digital transformation, Islamic finance, regional and south-south cooperation, and capacity development. ... Over the years, the Bank has evolved from a single entity into a group comprising five entities: Islamic Development Bank (IsDB), the Islamic Development Bank Institute (IsDBI) tasked with research and training, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for the Development of the Private Sector (ICD), and the International Islamic Trade Finance Corporation (ITFC).
Muhammad Al Jasser, Chairman of the Islamic Development Bank (IsDB) Group, was the keynote speaker today at the Global Sustainable Development Congress, co-organized in King Abdullah University of Science and Technology (KAUST) by Times Higher Education (THE) and KAUST. ... Such topics cover four tracks aligned with the transformations needed to achieve the goals: health and demography; sustainable energy and industry; sustainable environment; and sustainable cities and communities.
This alliance is poised to usher in transformative change in agricultural sustainability and food security across diverse regions. ... With over 194 members, FAO works in over 130 countries worldwide About IsDB: The Islamic Development Bank (IsDB) is a multilateral development finance institution that operates in line with Islamic principles to foster economic and social progress in Member Countries.