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Islamic Development Bank Group (IsDB Group)

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    • Abu Dhabi Fund for Development hosts the 91st Arab Coordination Group meeting on the sidelines of Conference of the Parties (COP28)
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Source: Islamic Development Bank Group (IsDB Group) |

Abu Dhabi Fund for Development hosts the 91st Arab Coordination Group meeting on the sidelines of Conference of the Parties (COP28)

Discussions centered on strategic objectives to bolster development efforts in developing countries

Abu Dhabi Fund for Development (ADFD) hosted the meeting at the level of directors of operations of the member institutions of the Arab Coordination Group of national and regional development institutions, which coincided with the commencement of the United Nations Climate Change Conference, COP28, in the UAE. The objective of…

Islamic Development Bank Group (IsDB Group)

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    • Arab Coordination Group allocation of US$10 billion to support energy transition
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Source: Islamic Development Bank Group (IsDB Group) |

Arab Coordination Group allocation of US$10 billion to support energy transition

Abu Dhabi Fund for Development hosts the 91st ACG meeting on the sidelines of COP28

The Arab Coordination Group (ACG), a strategic alliance comprising regional and international development institutions, announced today at COP28) an allocation of US$10 billion until 2030. This funding is meant to drive a comprehensive and affordable transition to renewable energy in developing countries. The commitment is an integral part of a…

Islamic Development Bank Group (IsDB Group)

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    • Arab Coordination Group pledges US$50 billion for African development (1)
    • Arab Coordination Group pledges US$50 billion for African development (2) (AR)
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Source: Islamic Development Bank Group (IsDB Group) |

Arab Coordination Group pledges US$50 billion for African development

The group has been a long-standing supporter of African partner countries and has cumulatively invested over US$220 billion in the region to date

Stepping up their support for African partner countries ahead of the crucial COP28 climate change conference, the Arab Coordination Group (ACG) announced today that it aims to allocate up to US$50 billion to help build resilient infrastructure and inclusive societies in the African continent. The announcement was made by the…

Islamic Development Bank Group (IsDB Group)

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    • Islamic Development Bank Group (IsDB Group) Private Sector Institutions organized the 11th Edition of the “Private Sector Forum
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Source: Islamic Development Bank Group (IsDB Group) |

Islamic Development Bank Group (IsDB Group) Private Sector Institutions organized the 11th Edition of the “Private Sector Forum" in Jeddah, Saudi Arabia, on 11-13 May 2023

The forum will showcase IsDB Group activities, projects, services, and initiatives in member countries

The private sector institutions of the Islamic Development Bank Group (IsDB Group) (https://www.IsDB.org) organized the 11th edition of the "Private Sector Forum - 2023", held from 11 to 13 May 2023 at the Ritz Carlton Hotel, Jeddah (Saudi Arabia), in the sidelines of the Annual Meetings of the IsDB Board…

Islamic Development Bank Group (IsDB Group)

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    • The Islamic Development Bank Group’s (IsDBG) Private Sector Institutions Honor the Winners of the Private Sector Forum (PSF 2023) Startup Pitch Competition in the IsDBG Member Countries
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Source: Islamic Development Bank Group (IsDB Group) |

The Islamic Development Bank Group’s (IsDBG) Private Sector Institutions Honor the Winners of the Private Sector Forum (PSF 2023) Startup Pitch Competition in the IsDBG Member Countries

The startup pitch competition awarded innovators entrepreneurs and startups awards for developing solutions through products and services while making a positive impact on member countries

On the sidelines of the forty-eighth Annual Meeting of the Islamic Development Bank Group (IsDBG) (https://www.IsDB.org) and during the work of the Private Sector Forum in its 11th edition, which is hosted by the city of Jeddah from May 11th to 13th, the group honored the winners of the startup…

Islamic Development Bank Group (IsDB Group)
Source: Islamic Development Bank Group (IsDB Group) |

The Islamic Development Bank (IsDB) Group Private Sector Institutions to Host the Private Sector Forum, 11-13 May 2023, Jeddah, Kingdom of Saudi Arabia

The Private Sector Forum's primary objective is to offer a unique opportunity for the business community across various sectors to connect, network, and explore investment and trade opportunities

The Islamic Development Bank (IsDB) Group's (https://www.IsDB.org/) private sector institutions, including 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), are proud to announce the upcoming "Private Sector…

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    • No One Left Behind: Getting Out-of-School Children Back to School
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Source: Islamic Development Bank Group (IsDB Group) |

No One Left Behind: Getting Out-of-School Children Back to School

OOSC supports enrolment and retention of out-of-school children in quality basic education

The Islamic Solidarity Fund for Development (ISFD) has developed its new 2030 transformation strategy and identified Human Capital Development as a core pillar for poverty reduction. On 8th of August 2022, Islamic Development Bank (IsDB) President and Group Chairman, H.E. Dr. Muhammad Al Jasser, approved a US$ 41.7 million new…

Islamic Development Bank Group (IsDB Group)
Source: Islamic Development Bank Group (IsDB Group) |

Islamic Development Bank Institute (IsDBI) Initiates 1st Arabic Language Online Course on Conversion of Conventional Banks into an Islamic Bank on edX Platform

This course is the first of its kind designed for capacity building in order to bring theory and practice together with the authoring and video lectures

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/) is offering its first Arabic online course on introducing the concept of transforming conventional banks to operate in accordance with Islamic Shari’ah by presenting all the practical and applied aspects of the transformation process. This course is the first of its kind designed for…

Islamic Development Bank Group (IsDB Group)
Source: Islamic Development Bank Group (IsDB Group) |

Registration Opens for Online Course on Islamic Finance for SDGs

Throughout the course, the participants will get to know about Islamic finance principles and applications of Islamic microfinance in socio-economic empowerment

Islamic finance practitioners and professionals can now register for a Massive Open Online Course (MOOC) on Islamic Finance for the Sustainable Development Goals (SDGs) starting from 24 July 2022. The Islamic Development Bank Institute (IsDBI) developed the MOOC in partnership with the UNDP Istanbul International Center for Private Sector in…

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    • New IsDBI book enriches knowledge on Fatāwa related to leasing contracts
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Source: Islamic Development Bank Group (IsDB Group) |

New Islamic Development Bank Institute (IsDBI) Book Enriches Knowledge on Fatāwa Related to Leasing Contracts

The book is a collection of all IIFA resolutions on leasing, with the resolutions arranged, classified, and explained along with the evidence backing them

The Islamic Development Bank Institute (IsDBI) has released a new book on the Islamic jurisprudential resolutions related to the leasing contracts, as part of a series of contemporary financial fatāwa in light of the resolutions of the International Fiqh Academy (IIFA). Published in Arabic language with the title ‘Fatāwa Al-Ijārah Wal…