Islamic Development Bank Institute (IsDBI)

IsDBI First AI Hackathon on Islamic Finance Date: 8th - 10th of May 2025 Strengthening the Adoption of Standards in Islamic Finance with Artificial Intelligence Read more: https://lnkd.in/dJhX4rhA

Members of the Board of Directors of International Islamic Trade Finance Corporation (ITFC) – the international trade finance arm of the Islamic Development Bank (#IsDB) Group have endorsed a recommendation by Chairman of the ITFC Board of Directors, H.E. Dr. Muhammad Al Jasser, and approved the appointment of Eng. Adeeb Y. Al Aama as Chief Executive Officer. On this occasion, H.E. Dr Muhammad Al Jasser has expressed gratitude to the ITFC Board Members for their support and wished Eng. Adeeb success in his new role. ‘’ The appointment of Eng. Adeeb Y. Al Aama comes at an important juncture for ITFC and the IsDB Group as the international trade is undergoing deep transformations to spur inclusive growth and accelerate shared prosperity. Eng. Adeeb’s vast experience on the global landscape will be instrumental in driving ITFC’s mission to enhance trade and economic growth across our member countries’’, emphasized H.E. Dr Muhammad Al Jasser. He also expressed his sincere thanks and appreciation to Mr. Nazeem Noordali for efficiently performing the function of the Officer-in-Charge,  Chief Executive Officer of ITFC. Eng. Adeeb Y. Al Aama brings over 30 years of experience across multinational corporations and government sectors. He has extensive experience in international trade, energy markets, strategic planning, and economics among others. His distinguished career includes serving as Saudi Arabia’s Governor for OPEC and Deputy Minister for Kingdom Affairs in OPEC and Global Oil Markets, where he played a pivotal role in shaping global energy policies and strengthening economic cooperation. Eng. Adeeb Al Aama was a trusted advisor to three Saudi Energy Ministers, the last of which is the current Minister, HRH Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, leading high-level negotiations and driving strategic initiatives in the global oil market. He has also held executive roles at Saudi Aramco and Saudi Petroleum Overseas Ltd., where he contributed to expanding trade partnerships and optimizing energy market operations.

For the 23rd consecutive year, S&P Global Ratings has affirmed our Issuer Credit Rating at AAA (with a Stable Outlook) underpinned by robust capitalization, strong liquidity, and continued shareholder support. The report by S&P stipulates “IsDB's financial stability has so far proved resilient to the economic repercussions of the pandemic in its member countries and to the war in Ukraine. The bank's strong shareholder support is demonstrated by its record of receiving capital increases.” Read More: https://shorturl.at/2Drbv

#Rome: The strategic bilateral meeting between H.E. Dr. Muhammad Al Jasser, Chairman of Islamic Development Bank (IsDB) and Dr. Qu Dongyu, Director-General of FAO held on the margins of the #IFAD Governing Council, marks a significant step in their collaboration. The signing of an extension of their partnership MoU further solidifies their joint initiatives. 🔹 #FAO & #IsDB are expanding collaboration in agriculture, policy support & knowledge-sharing. 🔹 HOPE Finance is spearheading solutions for poverty alleviation & food security, inspiring hope and paving the way for a brighter future.

At Islamic Development Bank (IsDB) HQ, President H.E. Dr. Muhammad Al Jasser warmly received International Monetary Fund Managing Director Kristalina Georgieva on her historic first visit to the Bank’s headquarters, marking a new milestone in IsDB Group-IMF collaboration. During the visit, the #IMF delegation toured the #IsDB Group Exhibition, exploring 50 years of pioneering initiatives in sustainable development, resilience-building, and economic cooperation across 57 member countries and beyond. The visit underscores a shared drive to deepen partnerships and build economic resilience for common member countries.

Today at Islamic Development Bank (IsDB) HQ, President H.E. Dr. Muhammad Al Jasser, and senior management hosted International Monetary Fund Managing Director Kristalina Georgieva for strategic talks on economic resilience, sustainable development, and global financial stability. Key focus areas: 🔹 Enhancing coordination on member countries' economic priorities to drive impactful policies 🔹 Advancing the upcoming Joint Islamic Finance Report 2025 as part of knowledge-sharing efforts 🔹 Strengthening collaboration on global economic trends and emerging challenges 🔹 Cooperating to support post-conflict and vulnerable countries 🔹 Commitment to advancing engagement and providing a helping hand to MCs to sustain trust. The discussions further emphasized the importance of deeper cooperation to promote financial stability and support sustainable development across common member countries.

تعد تنمية الموارد المائية ومقاومة التغيرات المناخية من أبرز القضايا التي تواجه العالم في الوقت الراهن، لما لها من تأثير مباشر على الأمن الاقتصادي والاجتماعي، حيث تهدد هذه المشاكل استقرار المجتمعات وتؤثر على سبل العيش على الكوكب. في أحدث مقالات المدونة الإلكترونية لمعهد البنك الإسلامي للتنمية، يسلط الدكتور محمود بكري الضوء على تضافر الجهود الساعية إلى مقاومة التغيرات المناخية ودعم المساعي الرامية لتنمية الموارد المائية. اقرأ المقال على مدونتنا الإلكترونية: https://lnkd.in/dFvZWJDX

شراكة نحو التميز الريادي والقيادي: معهد البنك الإسلامي للتنمية وكلية الأمير محمد بن سلمان يعلنان عن تعاون إستراتيجي لتعزيز قدرات ريادة الأعمال والتميز القيادي في الدول الأعضاء في البنك الإسلامي للتنمية والمجتمعات الإسلامية. وينبثق عن الشراكة إطلاق برنامجين مبتكرين: برنامج تطوير العقلية الريادية وبرنامج القيادة الإستراتيجية للأعمال. وقع كل من الدكتور سامي السويلم، المدير العام بالإنابة لمعهد البنك الإسلامي للتنمية، والدكتور زيجر ديغريف، عميد كلية الأمير محمد بن سلمان، على اتفاقيات التعاون خلال حفل أقيم في مقر البنك الإسلامي للتنمية في جدة بتاريخ 29 يناير 2025. اقرأ التفاصيل حول كيفية استفادة هذه البرامج من مبادئ التمويل الإسلامي لإنشاء جيل جديد من قادة ورواد الأعمال: https://lnkd.in/drwr8W_f

Partnership for entrepreneurial & leadership excellence: The Islamic Development Bank Institute (IsDBI) and Prince Mohammed Bin Salman College of Business & Entrepreneurship - MBSC have announced a strategic collaboration to foster entrepreneurial skills and leadership excellence in #IsDB Member Countries and Muslim Communities. The partnership will lead to the launch of two innovative programs: the Entrepreneurial Mindset Development Program and the Strategic Business Leadership Program. Dr. Sami Al-Suwailem, Acting Director General of IsDBI, and Dr. Dr. Zeger Degraeve, Dean of MBSC, signed the collaboration agreements during a ceremony at the IsDB Headquarters in Jeddah on 29 January 2025. Learn more about how these programs will leverage Islamic finance values to create a new breed of business leaders and entrepreneurs: https://lnkd.in/ddjYwSMh #IsDBI #MBSC #Entrepreneurship #Leadership #IslamicFinance