Islamic Development Bank

The Islamic Development Bank is a development bank that works to foster economic and social progress in member countries in accordance with Islamic Law.

Headquarters

Jeddah, Saudi Arabia

Parent Organization

—

Leader

Ahmad Mohamed Ali Al-Madani

Staff/Personnel Count

—

Founding Date

Oct. 20 1975

Shareholders

Saudi Arabia

23.52%

Members

Turkey

Scope of Operations

Related Organizations

Arab Coordination Group
OPEC Fund for International Development (OFID)
Abu Dhabi Fund for Development