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September 02, 2015 9:09 AM ET


Company Overview of Islamic Development Bank

Company Overview

Islamic Development Bank, an international financial institution, focuses on economic development and social progress of member countries and Muslim communities in non-member countries in accordance with the principles of Shari’ah. It primarily offers grants, such as technical assistance and special assistance grants; loans, including ordinary capital resource loans and Islamic solidarity fund for development loans; Istisna'a; leasing; installment sale; Mudarabah/restricted Mudarabah; equity participation; and combined lines of financing. The company finances projects in the agricultural, industrial, agro-industrial, infrastructural, and various other sectors. It has 56 member countries from...

P Box 5925

Jeddah,  21432

Saudi Arabia

Founded in 1975

1,134 Employees


966 12 636 1400


966 12 636 6871

Key Executives for Islamic Development Bank

Chairman of the Board of Executive Directors and President
Age: 81
Vice President of Operations
Executive Director
Executive Director
Compensation as of Fiscal Year 2015.

Islamic Development Bank Key Developments

Islamic Development Bank Presents at 6th Asia Islamic Banking Conference, Aug-12-2015 09:40 AM

Islamic Development Bank Presents at 6th Asia Islamic Banking Conference, Aug-12-2015 09:40 AM. Venue: InterContinental hotel, kuala lumpur, Malaysia. Speakers: Azmi Omar, Director General, Islamic Research and Training Institute.

Islamic Development Bank Presents at Euromoney Saudi Arabia Conference, May-06-2015 10:40 AM

Islamic Development Bank Presents at Euromoney Saudi Arabia Conference, May-06-2015 10:40 AM. Venue: Al Faisaliah Hotel, Riyadh, Saudi Arabia. Speakers: Sami Al-Suwailem, Head, Financial Product Development Centre.

Islamic Development Bank, Board Meeting, Jan 18, 2015

Islamic Development Bank, Board Meeting, Jan 18, 2015. Agenda: To approve $189.4 million worth of new financings for a number of development projects covering important sectors in several member countries as well as a number of Muslim communities in non-member countries.

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