August 28, 2014 9:29 PM ET


Company Overview of Islamic Development Bank

Company Overview

Islamic Development Bank operates as a multilateral development bank. The company primarily offers loans, equity financing, leasing, installment sale, Islamic financing, combined lines of financing, private sector financing, trade financing, and social sector financing services. It provides finance for the development of various sectors, including agriculture, education, energy, finance, health, industry and mining, information and communication, public administration, trade, transportation, water, and sanitation and urban services. The company also offers treasury and liquidity management services. Islamic Development Bank offers its products and services through offices primarily in Saudi ...

Islamic Development Bank Building

Qasr Khuzam Street

PO Box 5925

Jeddah,  21432

Saudi Arabia

Founded in 1975

1,128 Employees


966 12 636 1400


966 12 636 6871

Key Executives for Islamic Development Bank

Chairman of the Board of Executive Directors and President
Age: 80
Vice President of Operations
Executive Director
Executive Director
Compensation as of Fiscal Year 2014.

Islamic Development Bank Key Developments

Islamic Development Bank and Government of Senegal Sign $144 Million Agreements

Islamic Development Bank and the Government of Senegal have signed agreements amounting to $144 million (CFAF 69 billion) for the financing of three projects in Senegal. The signing took place at King Fahd Palace Hotel in Dakar, on the sidelines of the IDB Group High Level Regional Forum as part of the 40 years celebrations of the IDB. The three projects are "the Floods Impact Mitigation Project in Dakar" for which IDB will provide $39 million, "the Building Resilience to Recurring Food Insecurity Program" for which IDB's financing is $26 million, and "the Northern Dakar Sanitation Improvement Project" where IDB will provide $79 million.

Islamic Development Bank Presents at Global Islamic Economy Summit, Nov-25-2013 through Nov-26-2013

Islamic Development Bank Presents at Global Islamic Economy Summit, Nov-25-2013 through Nov-26-2013. Venue: Madinat Jumeirah, Dubai, United Arab Emirates. Presentation Date & Speakers: Nov-25-2013, Farid Mahmoud, Global Head of Business Development and Partnerships, Islamic Corporation for the Development of the Private Sector, H.E. Ahmed Ali Al-Madani, President. Nov-26-2013, Azmi Omar, Director General, Islamic Research and Training Institute, Farid Masood, Managing Director, Advisory and Asset Management, Islamic Corporation for the Development of the Private Sector, Khaled Al-Aboodi, CEO, Islamic Corporation for the Development of the Private Sector.

Islamic Development Bank, Board Meeting, Nov 11, 2012

Islamic Development Bank, Board Meeting, Nov 11, 2012. Agenda: To approve $752.5 million for financing new development projects in IDB member countries as well as Muslim communities in non-member countries.

Similar Private Companies By Industry

Company Name Region
Islamic Development Bank Group Middle East/Africa
The International Islamic Trade Finance Corporation Middle East/Africa
Dallah Albaraka Holding Company Middle East/Africa
The National Commercial Bank Middle East/Africa
Islamic Development Bank Middle East/Africa

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