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Islamic Development Bank Group

Development Finance ~3K employees
Founded
--
Employees (Est.)
~3K
131 leaders known
Total Funding
$5.4B
Funding Rounds
1
Last Funding
2023-05-14

About Islamic Development Bank Group

The Islamic Development Bank (IsDB) is dedicated to empowering people, building partnerships, and driving innovation for intergenerational prosperity. It focuses on sustainable socio-economic development across its 57 member countries, aligning with global goals like the Sustainable Development Goals (SDGs) and addressing key areas such as climate change and economic empowerment.

Products & Services

Development Financing:Provides funding for sustainable development projects across member countries, focusing on sectors like infrastructure, education, and healthcare.
Scholarship Programs:Offers educational scholarships for students in least developed member countries (LDMCs) and Muslim communities in non-member countries.
Green Sukuk:Issues sustainable finance instruments under an enhanced framework to support environmentally friendly projects.
Economic Empowerment Initiatives:Supports programs aimed at economic growth and poverty reduction in member countries.
Climate Change Projects:Funds initiatives to address climate change and promote environmental sustainability.

Specialties

Sustainable Development Economic Empowerment Climate Change Mitigation Education and Scholarships Infrastructure Development

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Debt
T: -
FT: Debt
A: 5400000000
MR: -
FA: 5.4 billion
FAN: 5400000000
D: 2023-05-14
FD: 2023-05-14
2 investors
Debt Latest
2023-05-14
$5.4B
2 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

M

Muhammad Sulaiman Al Jasser

President of the Islamic Development Bank

D

Dr. Zamir Iqbal

Vice President, Finance (Chief Financial Officer)

D

Dr. Rami M. S. Ahmad

Vice President, Operations Islamic Development Bank

H

Hamad Sulaiman A. Albazai

Executive Director

B

Bashir Ali Khallat

Executive Director

M

Masyita Crystallin

Executive Director

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Recent News

Islamic Development Bank Group Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Website
isdb.org
Industries
Development Finance
Company Size
~3K employees (est.)

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