Wednesday 05, February 2014 by Matthew Amlôt

IDB approves more than $705 million for financing new developments

Chaired by Islamic Development Bank (IDB) Group Chairman, Dr. Ahmad Mohamed Ali, the 295th meeting of the IDB Board which convened in Jeddah since 02.02.2014 approved $705.18 million of new financing focusing on infrastructure, and human development in member countries and education sector in Muslim communities in non-member countries.

Features & Analyses

Islamic Finance The path forward

After years of milestones, Islamic finance in Dubai and beyond still has work to do, writes Abdulla Mohammed Al Awar, CEO of DIEDC read more