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Islamic Development Bank, Saudi Arabia

The Islamic Development Bank fosters economic development for member countries.

The purpose of the Bank is to foster the economic development and social progress of member countries and Muslim communities individually as well as jointly in accordance with the principles of Shari'ah i.e. Islamic Law.

The Bank extends loans to its member countries for the financing of infrastructural and agricultural projects such as roads, canals, dams, schools, hospitals, housing, rural development, etc. both in the public and private sectors.

Islamic Development Bank

Islamic Development Bank Sukuk ProjectsSEE ALL

 
 

Related Sukuk ArticlesSEE ALL

 

Hong Kong lawmakers suppo

22 March 2014

(Reuters) - Hong Kong lawmakers support a bill that would allow the AAA-rated government to raise around US$500 million via sukuk (Islamic bonds), a r

Hong Kong lawmakers suppo

22 March 2014

(Reuters) - Hong Kong lawmakers support a bill that would allow the AAA-rated government to raise around US$500 million via sukuk (Islamic bonds), a r

Petronas Dagangan issues

22 March 2014

KUALA LUMPUR: Petronas Dagangan Bhd has issued RM300mil Islamic medium term notes under its proposed RM2bil Sukuk programme. It said on Friday the ..

Update 1:Bumitama secures

22 March 2014

KUALA LUMPUR: Bumitama Agri Ltd and Maybank Investment Bank Bhd (Maybank IB) have priced and issued Bumitama's first RM500 million five-year sukuk ..

Update 1: Petronas Dagang

22 March 2014

KUALA LUMPUR: Petronas Dagangan Bhd has issued RM300mil Islamic medium term notes under its proposed RM2bil Sukuk programme. It said on Friday the ..

Update 1: Saudi Investmen

22 March 2014

Saudi Investment Bank (Saib) has picked the investment banking arm of Riyad Bank to arrange a subordinated Islamic bond issue, banking sources said on

 

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