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Accounting Unit The accounting unit of IDB is the Islamic Dinar (ID) which is equivalent to one Special Drawing Right (SDR ) of the International Monetary Fund. ... Abdul Wajid Rana1 (Afghanistan, Bangladesh, and Pakistan) Asghar Abolhasani Hastiani2 (Iran) Selim Cafer Karatas (Turkey) ِAbdul Aziz Abdullah Al-Zaabi (United Arab Emirates) Aissa Abdellaoui (Algeria, Benin, Mozambique, Palestine, Syria, and Yemen) Faisal Abdul Aziz Al-Zamel (Kuwait) Vice-Presidents Abdul Aziz Al Hinai Vice-President (Finance) Birama Boubacar Sidibe Vice-President (Operations) Ahmet Tiktik Vice-President (Corporate Services) 1 Honorable Abdul Wajid Rana has replaced Honorable Sibtain Fazal Halim in the IDB Board of Executive Directors on 22/05/1432H (26/04/2011). 2 Honorable Asghar Abolhasani Hastiani has replaced Honorable Seyed Hamid Pourmohammadi in the IDB Board of Executive Directors on 27/01/1432H (02/01/2011).
Level 18, Boulevard Plaza 2 Burj Khalifa District PO Box 1756, Dubai United Arab Emirates Dub 84856939.2 دﻧﺗوﻧز أﻧد ﻛو ٢ ﺑوﻟﯾﻔﺎرد ﺑﻼزا١٨ اﻟطﺎﺑﻖ ﺣﻲ ﺑرج ﺧﻠﯾﻔﺔ دﺑﻲ، ١٧٥٦ ص ب اﻹﻣﺎرات اﻟﻌرﺑﯾﺔ اﻟﻣﺗﺣدة Contents 1 Definitions and Construction 3 2 Appointment of the Wakeel and Standard of Care 7 3 Collections and other Amounts, Reports and Application of Collections 9 4 Wakeel Fee 12 5 Representations and Warranties of the Wakeel 12 6 Covenants of the Wakeel 13 7 Changes of Wakeel and IsDB Events 13 8 Termination 15 9 Indemnity and Gross-Up 16 10 Limited Recourse and Non-Petition 16 11 Notices 17 12 Amendment, Variation and Waiver 19 13 Waiver, No Discharge of Obligations 19 14 Rights Cumulative 19 15 Assignment 19 16 Payments 19 17 The Contracts (Rights of Third Parties) Act 1999 20 18 Counterparts and Severability 20 19 Further Assurance 20 20 Governing Law 20 21 Dispute Resolution 20 22 Shari’a Compliance 22 23 Benefit of Agreement 23 Schedule 1 - Form of Supplemental Wakala Agreement 24 Schedule 2 - Form of Servicing Report 31 Contents (i) Dub 84856939.2 Master Wakala Agreement This Master Wakala Agreement (this Agreement) is made on 30 September 2024, Between (1) IDB Trust Services Limited, a company incorporated under the laws of Jersey, whose registered office is at 44 Esplanade, St Helier, Jersey JE4 9WG (in its capacity as issuer and in its capacity as trustee for the Certificateholders); (2) IsDB Trust Services No.2 SARL, a private limited liability company (société à responsabilité limitée) incorporated under the laws of the Grand Duchy of Luxembourg, registered with the Luxembourg trade and companies register (Registre de commerce et des sociétés, Luxembourg) under number B247570 having its registered office at 28, Boulevard F.W. Raiffeisen, L-2411 Luxembourg (in its capacity as issuer and its capacity as trustee for the Certificateholders); (3) The Islamic Development Bank, whose principal office is at 8111 King Khalid Street, Al Nuzlah Al Yamania District – Unit No. 1, Jeddah 22332-2444, Kingdom of Saudi Arabia (the Wakeel or the IsDB); and (4) The Law Debenture Trust Corporation p.l.c., a company incorporated under the laws of England, whose registered office is at the Eighth Floor, 100 Bishopsgate, London, EC2N 4AG, United Kingdom (the Delegate).
IsDB Just Transition Action Plan 2023-2025 ................................................................................................ 19 Appendices ................................................................................................................................................................................. 22 Appendix – A: Interpretations of Just Transition concept ........................................................................................ 22 Appendix – B: MDB Just Transition High-Level Principles ....................................................................................... 24 Appendix – C: Progress Updates on Just Transition from other MDBs ..................................................................27 Appendix – D: Key IsDB Organizational Policies Relevant to Just Transition ..................................................... 29 Appendix – E: Stakeholders consulted during Framework development ............................................................. 30 Appendix – F: Indicative Action Plan for Just Transition Activities at IsDB 2023-2025 ................................. 31 ii Protected Acronyms ADB Asian Development Bank AfDB African Development Bank BB Building Blocks (MDB Paris Alignment) CCAP Climate Change Action Plan 2020-2025 CCE Climate Change and Environment Division CCP Climate Change Policy COP Conference of Parties CRMF Climate Risk Management Framework EBRD European Bank for Reconstruction and Development EIB European Investment Bank ESG Environment, Social and Governance ESID Economic and Social Infrastructure Department ESS Environmental and Social Safeguards ETAF Energy Transition Accelerator Financing Platform GHG Greenhouse Gas GPP Global Practices and Partnerships IADB Inter-American Development Bank IEA International Energy Agency ILO International Labor Organization IMF International Monetary Fund IPCC Intergovernmental Panel on Climate Change IsDB Islamic Development Bank IsDBI Islamic Development Bank Institute JETP Just Energy Transition Partnership JT Just Transition LDC Least Developed Country iii Protected LTS Long-Term Strategy MC Member Country MCPS Member Country Partnership Strategy MDB Multilateral Development Bank MENA Middle East and North Africa MGI Middle East Green Initiative NDC Nationally Determined Contribution OTL Operations Team Leader RCA Resilience and Climate Action Department SDG Sustainable Development Goals SGI Saudi Green Initiative SIDS Small Island Developing States UNFCCC United Nations Framework Convention on Climate Change WBG World Bank Group WEF World Economic Forum iv Protected Acknowledgements This JT Framework and Action Plan was developed by the Climate Change and Environment Division (CCE), Resilience and Climate Action Department (RCA). ... Beyond concept interpretation for different stakeholders (see Appendix A), multilateral development banks (MDBs), including the Islamic Development Bank (IsDB), published a High-Level Statement on Just Transition at the UN Secretary General’s Climate Action Summit in September 2019, and subsequently released MDB Just Transition High-Level Principles at the 26th United Nations Climate Conference in 2021 (Appendix B).
Table 1.6: Migrants Aged 15+ Born in Member Countries Resident in OECD Countries by Skills Level Table 1.7: Highly-Skilled Migration Rates of Member countries to OECD Countries, 1990-2000 Table 1.8: Classification of Member Countries by Level of Brain Drain, 2000 Table 1.9: Major Socio-Economic Indicators of LEMCs and LIMCs Table 1.10 :Labour Force in Gulf States, 1996-2003 Table 1.11: Migrants Aged 15+ Born in Member Countries Resident in Turkey 8 8 9 11 11 12 Table 2.1: Relative Ratios of Per Capita GNI , 1990-2004 Table 2.2: Economic Impact of Brain Drain in Member Countries Table 2.3: Relative Importance of Remittances in Member Countries, 2003 Table 2.4: Economic Impact of Remittances in Member Countries 22 27 28 30 Table 3.1: Senegal’s Compliance with UEMOA Economic Convergence Criteria Table 3.2: Academic Staff Migration by Department during the Last Decade Table 3.3: Number of Students and Academic Staff at UCAD 35 38 39 Table 4.1: Stock of Pakistani Migrants by Region, 2004 Table 4.2 Regional Trends of Migration Outflows from Pakistan, 1995-2004 Table 4.3: Migration Outflows of Pakistanis to Gulf Countries, 2001-2005 Table 4.4: Migration Outflows of Pakistanis by Skills Category, 1995-2004 Table 4.5: Highly-Qualified and Highly-Skilled Pakistani Migrants by Professional Category, 2001-2005 50 50 51 51 52 Table 5.1: Stock of Permanent Egyptian Migrants by Receiving Country, 2002 Table 5.2: Distribution of Permanent Egyptians Migrants according to Educational Attainment, 2000-2004 Table 5.3: Stock of Temporary Egyptian Migrants by Receiving Arab Countries, 2002 Table 5.4: Number of Work Contracts for Egyptians from Arab Countries, 2005 Table 5.5: Remittances of Egyptians Working Abroad by Country, 1999-2005 Table 5.6: Status of Labour Migration Agreements signed by Egypt Table 5.7: Distribution of Permanent Egyptian Migrant Experts according to Specialization 15 16 18 19 19 59 60 61 62 63 64 65 Table 6.1: Governments View on Levels of Immigration and Emigration and Proposed Policies 72 List of Figures Figure 1.1: Highly-skilled Migration Rate for Member Countries to OECD Countries, 1990 and 2000 Figure 1.2: Highly-Skilled Migration Rate Vs. ... GDP, 2000 14 16 17 Figure 2.1: Remittances Trends in Member Countries, 1990-2003 29 Figure 4.1: Trends in Remittances, 1999-2005 53 ii Acronyms LIST OF ACRONYMS AND ABBREVIATIONS ALO ANSD APS ARADEC BE&OE BHS BSDA CAPMAS CFA CODESRIA CODEV CREA ECO EDF FDI GDP GNI HEC ICPD IDB ICT ILO IMF IMIS IMP IOM LDC LDMC LEMC LIMC MDG MENA MIDA NGO NHS ODA OEC OECD OIC OPF PRSP SEMACO SME SONATEL TOKTEN UCAD UEMOA UGBS UN UNCTAD UNDP - Arab Labour Organization Agence Nationale de la Statistique et de la Démographie, Senegal Agence de Presse Sénegalaise Association for Community Development Bureau of Emigration and Overseas Employment, Pakistan Senegalese Bank for Habitat Senegalese Copyrights Bureau Central Agency for Public Mobilization and Statistics, Egypt Confédération du Franc Africain Council for the Development of Social Science Research in Africa Initiative de Codéveloppement Center for Research in Applied Economics, Senegal Economic Cooperation Organization European Development Fund Foreign Direct Investment Gross Domestic product Gross National Income Higher Education Commission of Pakistan International Conference on Population and Development Islamic Development Bank Information and Communication Technologies International Labour Organization International Monetary Fund Integrated Migration Information System International Migration Policy Programme International Organization for Migration Least developed country Least developed member country Labour-exporting member country Labour-importing member country Millennium Development Goal Middle East and North Africa Migration for Development in Africa Non-governmental organization National Households Survey Official Development Assistance Overseas Employment Corporation, Pakistan Organization for Economic Cooperation and Development Organization of Islamic Conference Overseas Pakistanis Foundation, Pakistan Poverty Reduction Strategy Paper Senegal Management Consultant Small and medium enterprise National Telecommunications Company, Senegal Transfer of Knowledge Through Expatriate Nationals Université Cheick Anta Diop de Dakar Union Economique et Monétaire Ouest Africaine Université Gaston Berger de Saint Louis, Senegal United Nations United Nations Conference for Trade and Development United Nations Development Programme iii Acronyms UNFPA UNHCR UNOPS WTO ZAC - United Nations Fund for Population Activities United Nations High Commissioner for Refugees United Nations Office for Project Services World Trade Organization Zones d'aménagement concerté, Senegal iv Foreword FOREWORD Educated people are perhaps the most important asset and source of sustained competitive advantage for any country.
WE EMPOWER AWQAF TO ENABLE THE UMMAH AWQAF PROPERTIES INVESTMENT FUND ANNUAL REPORT 2021 Islamic Financial Sector Development Department (IFSDD) Awqaf Investment Funds (AIF) Division Awqaf Properties Investment Fund (APIF) APIF - ANNUAL REPORT 2021 TABLE OF CONTENTS 05 IsDB BOARD OF EXECUTIVE DIRECTORS 06 2021 HIGHLIGHTS 08 STATEMENT BY THE MUDARIB 14 SHARI’AH ADVISOR’S REPORT – 2021 16 Operational Performance GLOSSARY APIF Projects in the Implementation Process Success Stories of the Implementation of APIF Projects 34 38 42 CHAPTER 05 THE WAY FORWARD 46 CHAPTER 06 CHAPTER 01 INTRODUCTION 18 A. Background on Awqaf B.
These initiatives can also be formulated through a participatory approach with governments and strategic partners such as COMSTECH, the United Nations Technology Bank, the United Nations Climate Technology Centre and Network, etc.
TABLE OF CONTENTS 3 List of Acronyms and Abbreviations 5 Acknowledgments 7 Foreword by ODEC Chair 8 Message of the Director, OED 10 Executive Summary 12 Chapter 1: The Evaluation Year at a Glance Project Evaluations Macro-Level Evaluations Enabling, Learning and Outreach (ELO) Activities 20 24 26 27 Chapter 2: Performance Analysis and Development Results Performance Assessment Overview Criteria-Based Analysis Overall Performance Assessment Development Results 28 30 30 31 34 35 Chapter 3: Featured Topic: Evaluation in the Context of the Pandemic 42 Chapter 4: Learning and Emerging Practices 48 IsDB Annual Evaluation Report 2020 Chapter 5: Recommendations Synthesis of Recommendations Ensuring Continuous Supervision and Promoting M&E Improving IsDB’s Responsiveness and Communication with Stakeholders Focusing on Sector Strategy Improving the Capacity and Enabling Environment in MCs Ensuring Implementation Readiness Follow up on Previous Year Recommendations 56 58 59 60 Chapter-6: The Way Forward 64 Annex I: Snapshot of Project Evaluations Conducted in 2020 70 Annex II: OED 3-Year Rolling Program 91 Annex III: Eight Lessons for a Successful Delivery of IsDB’s COVID-19 Response 94 60 61 62 63 LIST OF FIGURES Figure 1: Ankara – Konya Passenger Number, Revenue (million) and Occupancy Rate (%) Figure 2: Jorf Lasfar Port Traffic (million tons) and Number of Vessels Figure 3: OCP Products Traffic through Jorf Lasfar Port Figure 4: Job Creation by Sector Figure 5: 3 in 1 project in Number Figure 6: Zarqa project in Number Figure 7: PEP project in Number 4 IsDB Annual Evaluation Report 2020 35 36 36 38 39 40 41 LIST OF ACRONYMS AND ABBREVIATIONS 5 AAOIFI Accounting and Auditing Organization for Islamic Financial Institutions AER Annual Evaluation Report AfDB African Development Bank APIF Awqaf Properties Investment Fund AsDB Asian Development Bank AWP Annual Work Program BED Board of Executive Directors CIBAFI General Council for Islamic Banks and Financial Institutions CPPO Chief Product and Partnership Officer DAC Development Assistance Committee EA Executing Agency EBRD European Bank for Reconstruction and Development ECG Evaluation Cooperation Group ECCAS Economic Community of Central African States ECOWAS Economic Community of West African States EDEPC East Delta Electricity Production Company EDN Executive Dissemination Notes ELO Enabling, Learning and Outreach ENEP Ecole Nationale des Enseignants du Primaire / National School for Primary Teachers EPC Engineering, Procurement, and Construction ERIL Economic Research and Institutional Learning EvalMENA The Middle East and North Africa Evaluation Network G Gregorian Year GDP Gross Domestic Product GPS Good Practice Standards GWh Gigawatt hour H Hijri Year ICD Islamic Corporation for the Development of the Private Sector ICIEC Islamic Corporation for the Insurance of Investment and Export Credit IFI International Financial Institution IIFM International Islamic Financial Market IsDB Islamic Development Bank IRTI Islamic Research and Training Institute ISFD Islamic Solidarity Fund for Development ITFC International Islamic Trade Finance Corporation IsDB Annual Evaluation Report 2020 6 Km Kilometer kV Kilovolt LOF Line of Financing MC Member Country M&E Monitoring and Evaluation MCPS Member Country Partnership Strategy MCPS IR Member Country Partnership Strategy Implementation Review MDB Multilateral Development Bank MFIs Microfinance Institutions MSC Microfinance Support Center MW Megawatt NEPCO National Electric Power Company NGO Non-Governmental Organization OCP Office Chérifien des Phosphates OCR Ordinary Capital Resources of IsDB ODEC Operations Development Effectiveness Committee OED Operations Evaluation Department OECD-DAC Organization of Economic Cooperation & Development – Development Assistance Committee P5P President’s Five-Year Program PCR Project Completion Report PEP Polio Eradication Program PMU Project Management Unit PPER Project Performance Evaluation Report PPP Public-Private Partnership PSD Private Sector Development RBLFs Results-Based Logical Frameworks RIEEP The Rural Income and Employment Enhancement Project SACCO Saving and Credit Cooperative SDGs Sustainable Development Goals SME Small and Medium Enterprise SPRP Strategic Preparedness and Response Program STEER Systematic Tracking of Execution of Evaluation Recommendations TA Technical Assistance UNDSS United Nations Department for Safety and Security UNICEF United Nations Children’s Fund UNOPS United Nations Office for Project Services USD US Dollar VOLIP Vocational Literacy Program for Poverty Reduction Project WHO World Health Organization WPV1 Wild Poliovirus Type-1 IsDB Annual Evaluation Report 2020 ACKNOWLEDGMENTS This Annual Evaluation Report 2020 of the Operations Evaluation Department (OED) was prepared by a team led by Oguz Ceylan and comprised of Ababacar Gaye, Amin Abdullahi, Abdourahamane Dit Baffa Keita, Adamou Sanda Mayaki, Javeed Ahsan, Ahmed Abdelgawad, and Zakaria Hanafi.
Number of OCR Project Evaluations during 1432H-2018 4 Figure II - 2: Regional Coverage Distribution of 2018 Project Evaluations 5 Figure II - 3: Distribution of Ordinary Capital Resources (OCR) Projects Evaluated by Financing Mode 5 Figure II - 4: Overall Success Level of Evaluated OCR Projects 6 Figure II - 5: Success Level of Evaluated OCR Projects Based on Region 7 Figure II - 6: Success Level of Evaluated OCR Projects Based on Sector 7 Figure II - 7: Relevance Rating of 2018 Evaluated OCR Projects 8 Figure II - 8: Effectiveness Rating of 2018 Evaluated OCR Projects 8 Figure II - 9: Implementation Delays for 2018 Evaluated OCR Projects 9 Figure II - 10: Distribution of Cost Variation Rating for 2018 Evaluated OCR Projects 10 Figure II - 11: Efficiency Rating of 2018 Evaluated OCR Projects 10 Figure II - 12: Sustainability Rating of 2018 Evaluated OCR Projects 11 Figure II - 13: IsDB Annual Approved and Disbursed Amounts, MCPS-Chad, 2014–2017, in US$ Million.12 Figure II - 14: IsDB Yearly Approvals and Disbursements Trend for Mauritania during the MCPS Period (2011-2015) in US$ Million. 14 Figure II - 15:Yearly Approvals and Disbursement Trend for Morocco during MCPS Period. 17 Figure II - 16: IsDB MCPS-Pakistan Annual Approvals and Disbursements (2012-2015) in US$ Million.20 ANNUAL EVALUATION REPORT 2018 Underground Cable Line, Iran ACRONYMS AND ABBREVIATIONS AADT Annual Average Daily Traffic AER Annual Evaluation Report AfDB African Development Bank APIF Awqaf Properties Investment Fund ARD Agriculture and Rural Development AsDB / ADB Asian Development Bank BED Board of Executive Directors BSTDB Black Sea Trade and Development Bank CFA West African CFA Franc COP21 The Annual Conference of Parties DAC Development Assistance Committee DED Detailed Engineering Design DoA Delegation of Authority DWTEA Dead Weight Tons Executing Agency EBRD European Bank for Reconstruction and Development ECG Evaluation Cooperation Group EIB European Investment Bank EIRR Economic Internal Rate of Return ERILFER Economic Research and Institutional Learning Road Maintenance Fund FIRR Financial Internal Rate of Return FPDC Financial Product Development Centre G Gregorian Year GCC Gulf Cooperation Council GDP Gross Domestic Product GGC Gambia Groundnut Corporation GOE Group Operations Evaluation GoM Government of Morocco GoMU Government of Mauritania GoP Government of Pakistan GPEDC Global Partnership for Effective Development Cooperation GPS Good Practice Standards ISLAMIC DEVELOPMENT BANK iii GWh Gigawatt hour H Hijra Year IaDB Inter-American Development Bank ICD Islamic Corporation for the Development of the Private Sector ICIEC Islamic Corporation for the Insurance of Investment and Export Credit ICT Information and Communications Technology ID Islamic Dinar IsDB Islamic Development Bank IsDBG Islamic Development Bank Group IFAD International Fund for Agricultural Development IFE Islamic Financial Engineering IIUI International Islamic University IMF Islamabad International Monetary Fund IPP Independent Power Plant IRTI Islamic Research and Training Institute ISFD Islamic Solidarity Fund for Development ITFC International Islamic Trade Finance Corporation km kilo meter kV kilo Volt KWh Kilowatt-hour LFG Landfill Gas LOF Line of Financing M&E Monitoring and Evaluation MC Member Country MCPS Member Country Partnership Strategy MCPS IR Member Country Partnership Strategy Implementation Review MDB Multilateral Development Bank MENA Middle East and North Africa MoU Memorandum of Understanding MTBP Medium Term Business Plan MW Megawatt NCB National Competitive Bidding NGO Non-Governmental Organization iv ANNUAL EVALUATION REPORT 2018 NMC Non-Member Country O&M Operation and Maintenance OC Operations Complex OCR Ordinary Capital Resources of IsDB OED Operations Evaluation Department OECD-DAC Organization of Economic Cooperation & Development – Development Assistance Committee OIC Organization of Islamic Cooperation ONEE Moroccan Electricity and Water Utility Company OTL Operations Team Leader OQR Operations Quality and Results PCR Project Completion Report PIASR Project Implementation Assessment and Support Report PL Project Level PMU Project Management Unit PPER Project Performance Evaluation Report PPP Public-Private Partnership QaE Quality at Entry SDG Sustainable Development Goals SME Small and Medium Enterprise SPE Special Assistance Operation TA Technical Assistance TAP Technical Assistance Program UM5 University Mohammed V UN United Nations UNEG United Nations Evaluation Group US$ US Dollars VOC Vehicle Operating Cost WB The World Bank WBG The World Bank Group WP Work Program ISLAMIC DEVELOPMENT BANK v ACKNOWLEDGEMENTS This report was prepared by a team led by Br. ... Two projects were evaluated in Education: Construction and Equipping of Vocational Colleges Project in Uzbekistan and the Development and Upgrading of the State University of Jakarta Two Energy-sector projects were postevaluated, the Tehran Power Transmission Project in Iran and the Foundation Wind Project (Phases I&II) in Pakistan.
Accounting Unit The accounting unit of the IDB is the Islamic Dinar (ID) which is equivalent to one SDR - Special Drawing Right of the International Monetary Fund.
.………......................................................... 12 STRENGTHENING DEVELOPMENT PARTNERSHIPS ...................... 14 Development Partnership and Cooperation .............................................. 14 Private Sector Development ...................................................................... 17 Capacity Development .............................................................................. 18 Annex-I: IDB Modes of Financing …............................................................. 21 Annex-II: Contact Details ............................................................................... 22 38 Years in the Service of Development iii AFFI AGFUND AIRTS AIVV AMF AWI APIF BADEA BOG CG - COMCEC - COMSTECH - DfID E4E ECG FAO FDI GCC IAS - IBRD - ICCI - ICD - ICDT - ICIEC - ICT ID IDB IFAD IFC IFIs IICO IRTI ISFD ISESCO IT - ITAP ABBREVIATIONS Arab Financing Facility for Infrastructure Arab Gulf Programme for Development Arab Institute for Research and Training in Statistics Arab Infrastructure Investment Vehicle Arab Monetary Fund Arab World Initiative Awqaf Properties Investment Fund Arab Bank for Economic Development in Africa IDB Board of Governors Coordination Group OIC Standing Committee for Economic and Commercial Cooperation OIC Standing Committee on Scientific and Technological Cooperation Department for International Development Education for Employment Evaluation Coordination Group Food and Agriculture Organization of the United Nations Foreign Direct Investment Gulf Cooperation Council International Accounting Standards International Bank for Reconstruction and Development (World Bank) Islamic Chamber of Commerce and Industry Islamic Corporation for the Development of the Private Sector Islamic Centre for Development and Trade Islamic Corporation for the Insurance of Investment and Export Credit Information and Communication Technology Islamic Dinar Islamic Development Bank International Fund for Agricultural Development International Finance Corporation Islamic financial institutions International Islamic Charitable Organization Islamic Research and Training Institute Islamic Solidarity Fund for Development Islamic Educational, Scientific and Cultural Organization Information Technology Investment Promotion Technical Assistance Programme 38 Years in the Service of Development v ITFC LDMCs MCPS MDB MDGs MDP MENA MoU MTN MSP M.Sc NDFIs NGOs NSS OCR OIC OIC-CERT OICC OFID PPP PSCDR RDA R&D RLs SAP - SESRIC - S&T SMEs SPDA STATCAP OIC-StatCom SVP TA TCP TCPP TOBB UNCTAD UNIDO VOLIP WB - vi International Islamic Trade Finance Corporation Least Developed Member Countries Member Country Partnership Strategy Multilateral Development Bank Millennium Development Goals Microfinance Development Programme Middle East and North Africa Memorandum of Understanding IDB Medium Term Note Merit Scholarship Programme Master of Science National Development Financing Institutions Non-Governmental Organizations National Statistical System Ordinary Capital Resources Organization of the Islamic Cooperation OIC Computer Emergency Response Team Organization of Islamic Capitals and Cities OPEC Fund for International Development Public Private Partnerships Prince Salman Centre for Disability Research Regional Office of Dakar Research and Development Reverse Linkages System Analysis and Programme Development Statistical, Economic and Social Research and Training Centre for OIC Science and Technology Small & Medium Enterprises Special Programme for the Development of Africa Statistical Capacity Building OIC Statistical Commission Sustainable Village Programme Technical Assistance Technical Cooperation Programme Trade Cooperation Promotion Programme Chambers, Commodity Exchanges and Union of Turkey United Nations Conference on Trade and Development United Nations Industrial Development Organization Vocational Literacy for Poverty Reduction Programme World Bank 38 Years in the Service of Development IDB Group Capital Structure As at end - 1432H (25 November 2011) Capital Period IDB (ID)* Authorized Capital 1432H 30,000 At Inception Subscribed Capital 1432H At Inception Paid-In Capital 1432H At Inception ICD ($) (Amount in million) ICIEC (ID) ITFC ($) 2,000 150 3,000 2,000 1,000 100 3,000 17,782.6 806.64 149 750 750 400.03 68.8 500 4,031.1 565.81 74.5 671.7 280 83 63.8 446.1 *ID = Islamic Dinar is equivalent to one unit of SDR (Special Drawing Rights of the International Monetary Fund) Net Approvals of IDB Group 1396H-1432H (1976-25 November 2011) Activity Net Approved Operations Number of Operations Amount Approved (in million) (ID) ($) 7,260 54,574.3 78,025.5 2,817 20,143.3 29,383.0 208 1,137.7 1,728.8 2,297 28,491.6 39,951.7 Of which: OCR Net Approvals ICD Net Approvals Net Trade Finance Approvals - ITFC Net Approvals 242 6,216.2 9,639.0 1,901 21,809.3 29,549.0 UIF Net Approvals 229 1,473.6 2,105.0 APIF Net Approvals 94 646.4 994.2 354 2,591.8 3,903.3 1,415 556.0 723.4 - Insurance Commitments* 9,612.7 14,620.9 - Business insured** 7,409.5 11,318.2 - Previous Trade Finance Approvals Treasury Net Approvals Special Assistance Operations ICIEC Operations * Amount of insurance commitments (contingent liability assured) approved/issued during the year. ** Amount of shipments/investments declared to ICIEC by policy holders for the period under consideration. 38 Years in the Service of Development vii IDB GROUP ENTITIES Islamic Development Bank (IDB) IDB is an international financial institution established in 1395H (1975) in pursuance of the Declaration of Intent issued by the Conference of Finance Ministers of Muslim Countries held in Jeddah in 1393H (1973).