What we do
At the Islamic Development Bank, we equip people with the tools they need to build a sustainable future for themselves, their communities and their countries, putting the infrastructure in place to enable them to reach their full potential.
We build collaborative partnerships between communities and nations, across our 57 member nations. We bring together the public and private sectors as well as with civil societies and the development sector through Public Private Partnerships and other joint projects, such as the IsDB/Gates Foundation Lives and Livelihoods Fund.
We are global leaders in Islamic finance, providing long term sustainable and ethical financing structures to underpin our project investments. In the last two decades, the IsDB has secured an AAA rating, and become the largest global issuer of Sukuk, through which we fund research and training to develop the future of Islamic banking and finance. We have successfully deepened and broadened our investor base and enhanced our profile in the international capital markets.
We foster innovative and sustainable solutions to the world’s greatest development challenges, as we work towards UN Sustainable Development Goals.
We boost the value chain of developing economies by investing in training and skills, research and development, so they can generate and retain greater economic prosperity at home, instead of exporting that value abroad.
Projects & Tenders
The IsDB works to ensure that procurement of bank-financed projects and programs is conducted in accordance with the Bank’s Articles of Agreement. These require financing procedures used only for the purposes for which the financing, grant or loan was provided. The Bank’s Project Procurement Division of Operations Policy and Services Department (OPSD) is responsible for providing the policy and guidance necessary to carry out this mandate for operational clients and beneficiaries.
We are also committed to supporting the management and reform of public procurement systems in member countries. Increasing the economy, efficiency, fairness and transparency of public resource expenditure is critical to sustainable development and reducing poverty.
To find out more, please contact:
Project Procurement Division (PPR)
Operations Policy and Services Department (OPSD)
Islamic Development Bank
Jeddah, 21432, Kingdom of Saudi Arabia
Tel: 00966 12 6466952
Fax: 00966 12 6466966