The Islamic Development Bank (IDB) is in discussions with Chinese officials to study the use of Islamic financing in the planned Asian Infrastructure Investment Bank (AIIB), the head of the Jeddah-based multilateral lender told Reuters.
The Jeddah-based Islamic Development Bank said it was teaming up with an arm of Industrial and Commercial Bank of China to look for business opportunities, in a sign of growing Chinese interest in Islamic finance.
The Islamic Corp
The Inter-American Development Bank (IDB) and the Inter-American Investment Corporation (IIC), a member of the IDB Group, have established a private-sector focused partnership with The Abraaj Group, a leading private equity investing firm operat
Senegalese President Macky Sall has asked the Saudi Arabia-based Islamic Development Bank (IDB) to help the West African country tap the Islamic finance market for a second time as it seeks to organise financing for infrastructure projects.
Abu Dhabi is pressing ahead with its efforts to promote the non-oil sector in the Emirate, which grew by nine per cent last year, said the director general of the Industrial Development Bureau (IDB) at a conference in the UAE capital.
Bahrain Economic Development Board (EDB) and the Islamic Development Bank (IDB) have announced the Global Islamic Investment Gateway, an initiative offering Islamic investment opportunities in some of the world’s fastest growing economies.
The Jeddah-based Islamic Development Bank has picked nine banks for a potential US dollar-denominated Islamic bond issue, a document from the lead managers showed on Monday.
The AAA-rated IDB has mandated CIMB, Deutsche Bank, Firs
Oman will receive a grant of $176 million for its economic and social development for the Islamic Development Bank (IDB), a multilateral development financing institution, a report said.
IDB has allocated $987 million to back econ
Jeddah-based Islamic Development Bank (IDB) issued $1 billion in five-year Islamic bonds, or sukuk, earlier this month, the largest privately-placed transaction from the supranational institution.
IDB, which promotes economic deve
The Islamic Development Bank has launched a $2 billion infrastructure fund II (the IDB Fund II) to mark the 40th anniversary of the bank.
The IDB Fund II is the largest private equity infrastructure fund dedica