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ICD - IDB Group Business Forum - THIQAH

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Islamic Development Bank <strong>Group</strong> : An overview<br />

• <strong>IDB</strong>, headquartered in Jeddah, Saudi Arabia, is a<br />

USD 50bn+ bank with 56 member countries<br />

mainly located in Asia, Middle East & Africa<br />

• <strong>IDB</strong> <strong>Group</strong> Strategic Objectives:<br />

• Promotion of Islamic financial industry and<br />

institutions<br />

• Poverty alleviation<br />

• Promotion of trade cooperation among<br />

member countries<br />

<strong>IDB</strong> <strong>Group</strong> Mission:<br />

The Mission of <strong>IDB</strong> is to promote<br />

comprehensive human development, with a<br />

focus on the priority areas of alleviating<br />

poverty, improving health, promoting<br />

education, improving governance and<br />

prospering the people.<br />

• <strong>IDB</strong> <strong>Group</strong> Priorities:<br />

• Human Development<br />

• Agriculture Development and Food<br />

Security<br />

• Infrastructure Development<br />

• Intra-trade Between Member Countries<br />

• Private Sector Development<br />

• Research and Development in Islamic<br />

Economics, Banking and Finance<br />

3

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