Jeddah, Kingdom of Saudi Arabia, 12 May 2023 – We must leverage the technological disruptions along with the ethical principles of Islamic finance to foster inclusive development, Chairman of the Islamic Development Bank Group, H.E. ... Suminto Sastrosuwito, Director General of Budget Financing and Risk Management, Ministry of Finance, Indonesia; Mr.

Key future priorities include climate resilience, digital transformation, inclusive growth, and investing in people. ... The first roundtable was held in cooperation with the Global Partnership for Education (GPE) and the Islamic Development Bank (IsDB), featuring the GPE–IsDB High-Level Roundtable on the Smart Financing for Education Initiative (SmartEd), marking the launch of Phase II of the initiative.

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: the 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).

Nena Stoiljkovic, the Under Secretary General for Global Relations, Humanitarian Diplomacy and Digitalization at IFRC highlighted the important role innovative financing such as IsDB Sukuk play in supporting resilience building interventions. ... Recommendations also include investing strategically in digitalization and mainstreaming resilience strategies.

Towards that end, we will relentlessly deploy innovative products and mechanisms to provide our member countries with affordable education financing. We will also strengthen collaboration with our partners in the education community and promote digital transformation in the education systems.

Muhammad Al Jasser, President of the Islamic Development Bank, delivered a keynote address at the opening ceremony. ... The IsDB Group, a long-standing partner, has mobilized more than $4.96 billion in cumulative support prioritizing finance, agriculture, and infrastructure.

Mansur Muhtar (Vice President Operations of the Islamic Development Bank). ... The three-day Summit will focus on three gender topics: employment and the care economy; climate change; and digitalization.

Digital platforms have changed the way we consume, produce, work, mobilize finance, and create economic value. ... As a development institution serving 57 member states and Muslim communities in non-member countries, the Islamic Development Bank (IsDB) has been supporting digital transformation efforts for years.