Description
Islamic Development Bank operates as an international financial institution that focuses on the economic development and social progress of member countries and Muslim communities (in non-member countries). The company offers loans (ordinary capital resource loans and Islamic solidarity fund for development loans), deposits, equity financing, leasing, installment sales, trade and development projects financing, foreign direct investments, infrastructure and properties investments, insurance services, asset transaction services, and social sector financing services, as well as provides technical assistance grants, special assistance grants, and Mudarabah/restricted Mudarabah agreement options. It also offers finance for the development of public and private sectors, including agricultural, education, finance, health, water supply, industrial, agro-industrial, and infrastructural markets; and roads, canals, dams, housing, and rural development markets. The company was founded in 1975 and is headquartered in Jeddah, Saudi Arabia with regional offices in Rabat, Morocco; Kuala Lumpur, Malaysia; Almaty, Kazakhstan; and Dakar, Senegal. Islamic Development Bank operates as a subsidiary of Islamic Development Bank Group.
Corporate Address
P Box 5925 Jeddah, 21432 Saudi Arabia
Saudi Arabia
966 12 636 1400
Tags:
Loans and Financial, Banking Insurance, Investment Banking and Financial Services Company, Bank Capital, Private Banking Loans, Investment Loans, Banking Markets, Personal Loans, Market Loans, Private Banking Services