Islamic Development Bank Group Monthly Highlights

IsDB Raises US$ 1.25 Billion Through Second Public Sukuk of 2024 The Islamic Development Bank has successfully raised US$ 1.25 billion through its second public Sukuk issuance of 2024. This achievement strengthens IsDB's capacity to fund critical projects and underscores its commitment to sustainable development financing across member countries. Read more

IsDB Issues EUR 500 Million Sukuk in Capital Markets IsDB successfully tapped the capital markets with a EUR 500 million Sukuk issuance, showcasing its commitment to diversifying funding sources and strengthening financial sustainability across its member countries. Read more

Uzbekistan's President Meets IsDB Group Chairman at COP29 to Spur Bilateral Cooperation The President of Uzbekistan and the IsDB Group Chairman met at COP29 to explore ways to strengthen partnerships and collaborate on sustainable development initiatives. Since joining the IsDB, Uzbekistan has received significant financial support for transformative projects. Read more

Azerbaijan President Meets IsDB President at COP29 During COP29, Azerbaijan’s President met with the IsDB President and witnessed the signing of a landmark agreement for the construction of a major irrigation canal. This project exemplifies IsDB’s dedication to impactful infrastructure investments. Read more

Kazakhstan's President and IsDB Group Chairman Meet to Strengthen Strategic Bilateral Cooperation At COP29, the President of Kazakhstan met with the IsDB Group Chairman to discuss deepening bilateral cooperation and advancing sustainable development. The discussions highlighted shared priorities, including strategic projects and IsDB’s commitment to supporting Kazakhstan’s goals. Read more

Islamic Development Bank and Kazakhstan Launch $1.32 Billion Climate-Resilient Water Project The IsDB and Kazakhstan have launched a landmark $1.32 billion project aimed at building climate-resilient water infrastructure. This initiative reflects IsDB’s dedication to supporting member countries in addressing climate and sustainability challenges. Read more

Strategic Meetings at 2024 IMF & World Bank Meetings to Boost Cooperation During the 2024 IMF and World Bank Meetings, the IsDB President held strategic discussions to strengthen cooperative efforts on global economic and developmental challenges, signaling IsDB’s active role in fostering impactful partnerships. Read more

IsDB Joins WHO and Partners to Promote Health Impact Investment The IsDB, in partnership with WHO and other development partners, is advancing health impact investment strategies. This initiative aims to drive sustainable health financing and innovative approaches to address global health challenges. Read more

Multilateral Development Banks Pledge to Boost Climate Finance At COP29, Multilateral Development Banks, including IsDB, reaffirmed their commitment to scaling up climate finance efforts. This collaborative approach is essential to achieving global climate goals and supporting vulnerable regions. Read more

IsDB President Calls for Impact-Driven Climate Action at COP29 MDB Roundtable At the MDB Roundtable hosted by the COP29 Presidency, the IsDB President called for impact-driven climate action. He emphasized the need for innovative financing solutions to address climate challenges globally. Read more

IsDB President Meets COP29 President-Designate and Azerbaijan’s Minister of Ecology The IsDB President met with the COP29 President-Designate and Azerbaijan’s Minister of Ecology to discuss collaborative efforts in climate action, emphasizing IsDB’s role in fostering impactful partnerships. Read more

Arab Coordination Group and World Bank Explore Cofinancing Opportunities In a recent high-level meeting, the heads of Arab Coordination Group institutions and the World Bank President discussed potential cofinancing avenues to tackle pressing global development challenges, demonstrating a shared commitment to impactful international cooperation. Read more

IsDB Group Chairman Outlines Milestone Climate Finance Achievements at COP29 At COP29, the IsDB Group Chairman outlined significant milestones in climate finance and expanded IsDB’s support for member countries. These efforts align with the Bank’s vision to accelerate impactful climate action. Read more

IsDB President Reiterates Commitment to Collaboration with IMF and Calls for Innovative Financing At a key engagement, the IsDB President reinforced the Bank’s commitment to deepening collaboration with the IMF. He emphasized the need for innovative financing schemes to support the growth of the Islamic finance industry, reflecting IsDB’s leadership in advancing financial inclusion and economic resilience. Read more

President Al Jasser Highlights Role of Data and Knowledge Partnerships In recent statements, President Al Jasser emphasized the importance of data and knowledge-sharing partnerships as critical drivers for regional and global development, positioning IsDB at the forefront of information-driven progress. Read more

IsDB Group Chairman Reaffirms Commitment to Global Development at COMCEC At the 40th COMCEC Session in Istanbul, the IsDB Group Chairman reaffirmed IsDB’s dedication to tackling global challenges and advancing sustainable development, emphasizing unity and shared goals among member states. Read more

IsDB and Turkmenistan Sign US$ 156.3 Million Agreement for New Hospitals In Washington, the IsDB and Turkmenistan signed a landmark US$ 156.3 million financing agreement to build three state-of-the-art hospitals. This initiative aims to enhance healthcare services and infrastructure, reflecting IsDB’s focus on health sector development in member countries. Read more

Islamic Development Bank Advances Climate-Resilient Water Investment Strategy At a high-level event during COP29, the IsDB unveiled its strategy to advance climate-resilient water investment. The discussions highlighted IsDB’s focus on innovative solutions to tackle water-related climate challenges. Read more

IsDB Highlights Significance of Green Sukuk for Climate Finance at COP29 At a high-level panel during COP29, the IsDB reinforced the role of Green Sukuk in mobilizing climate finance. The discussions underscored the Bank’s commitment to innovative financial tools for sustainable development. Read more

6th IsDB Group Evaluation Symposium: Enhancing Development through Evaluation The 6th IsDB Group Evaluation Symposium spotlighted the importance of leveraging evaluation as a tool for sustainable development, promoting evidence-based approaches to maximize impact across member countries. Read more

Career Opportunities At IsDB

1-???? Fragility and Resilience Specialist

2-???? Senior Associate, Technical Support [Third Party Contract]

3-???? Country Economist RH Ankara

4-???? Data Specialist (ICD)- Outsourced, Third-Party Contract

5-???? Senior Manager, BCM & Project Management

6-??? ?Senior Evaluation Specialist