Islamic Development Bank

Islamic Development Bank company description

The Islamic Development Bank (IsDB) Group is a global multilateral financial development institution established in 1975 to foster economic growth and inspire social progress among its 57 member countries and Muslim communities worldwide. Originality and Solidarity for Intergenerational Prosperity Headquartered in Jeddah, Saudi Arabia, The Group consists of five entities: Islamic Development Bank (IsDB), Islamic Development Bank Institute (IsDBI), Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), Islamic Corporation for the Development of the Private Sector (ICD), International Islamic Trade Finance Corporation (ITFC) and has decentralized Regional Hubs in Asia and Latin America; Europe and Central Asia; the Middle East and North African; Sub-Saharan Africa and a Centre of Excellence in Malaysia, with a mission to promote comprehensive human development based on the principles of Islamic finance. IsDB maintains its pristine 'AAA' credit rating across all major credit rating agencies, affirming its unwavering financial strength since 2007. The Group believes: 1. Everyone has the right to live with dignity and aspire to prosperity, and nurturing economic growth is the best route out of poverty. 2. Equip people to drive their own economic and social progress at scale, putting the infrastructure in place to enable them to fulfil their potential. 3. Building collaborative partnerships between communities and nations and working towards the UN Sustainable Development Goals. 4. Foster innovative, ethical and sustainable solutions to the world's development challenges.

• Employee count

  501-1,000

• Industry

  International Trade & Development

• Headquarter address

  8111 King Khalid St. AI Nuzlah AI Yamania Dist., Unit No. 1, Jeddah, Jeddah 22332-2444 8111, SA

• Country

  Saudi Arabia

• Founded

  1975

• Company website

  https://isdb.org