What Does Islamic Development Bank (IsDB) Do?

Total employees1665
HeadquartersJeddah
Founded1975

The Islamic Development Bank (IsDB) is a multilateral development bank (MDB) dedicated to fostering socio-economic development in its 57 member countries and Muslim communities in non-member countries, in accordance with the principles of Shari'ah (Islamic Law). Established in 1975 and headquartered in Jeddah, Saudi Arabia, the IsDB Group works to alleviate poverty, promote education, health, sustainable agriculture, and infrastructure development. It achieves this through project financing, trade finance, technical assistance, capacity building, and by promoting Islamic finance globally. The IsDB Group emphasizes partnerships, innovation, and science & technology to deliver impact at scale and contribute to the UN Sustainable Development Goals (SDGs).

Where Is Islamic Development Bank (IsDB)'s Headquarters?

HQ Function

Serves as the central hub for IsDB's global operations, strategic planning, policy-making, financial management, and coordination of development projects and programs across its 57 member countries.

Notable Features:

A modern architectural complex designed to facilitate international collaboration, featuring advanced conference facilities, extensive office space, a library/resource center, and often reflecting Islamic architectural motifs. The building is designed with considerations for environmental sustainability.

Work Culture:

A diverse, multicultural, and professional environment. Employees hail from various member countries, fostering a global perspective. The culture emphasizes ethical conduct, adherence to Islamic finance principles, collaboration, innovation, and a shared commitment to socio-economic development.

HQ Significance:

The headquarters in Jeddah is highly significant as it's located in the Kingdom of Saudi Arabia, the IsDB's host country and largest shareholder. It symbolizes the Bank's central role in Islamic finance and global development, acting as the nerve center for operations impacting over 1.7 billion people.

Values Reflected in HQ: The headquarters' design and operations aim to reflect IsDB's core values: commitment to development based on Islamic principles, global collaboration, transparency, efficiency, and innovation in serving its member countries and Muslim communities worldwide.

Location:

The Islamic Development Bank (IsDB) has a significant global presence, primarily across its 57 member countries spanning Africa, Asia, Europe, and South America. Beyond its headquarters in Jeddah, IsDB operates through a network of Regional Hubs (e.g., in Malaysia, Senegal, Egypt, Turkey, Kazakhstan) and Gateway Offices in key member countries. These offices support a wide range of functions globally, including project identification and financing (infrastructure, education, health, agriculture), trade finance, private sector development, capacity building, knowledge sharing, policy advice, and emergency relief operations, all guided by Islamic finance principles.

Street Address:

8111 King Khalid St. Al Nuzlah Al Yamania Dist. Unit No. 1

City:

Jeddah

State/Province:

Makkah Province

Country:

Saudi Arabia

Where Else Does Islamic Development Bank (IsDB) Operate Around the World?

Kuala Lumpur, Malaysia

Address: Menara PNB, Level 28, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur, Malaysia

To enhance IsDB's engagement and operational effectiveness in Asia, tailoring development solutions to the specific needs of the region, promoting regional cooperation, and leveraging Malaysia's position as a key Islamic finance hub.

Dakar, Senegal

Address: Immeuble SDIH, Lot N°2, Voie de dégagement Nord (VDN), Mermoz Pyrotechnie, Dakar, Senegal

To strengthen IsDB's presence and responsiveness in West Africa, facilitating project implementation, policy dialogue, and partnerships to foster sustainable economic growth and poverty reduction in the region.

Cairo, Egypt

Address: 7th & 8th Floors, Nile City Towers, North Tower, Corniche El Nil, Ramlet Boulak, Cairo, Egypt

To bolster IsDB's development impact in the Arab region by providing localized support, enhancing project oversight, and fostering collaborations to address specific socio-economic needs.

Buying Intent Signals for Islamic Development Bank (IsDB)

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Islamic Development Bank (IsDB)? Meet the Executive Team

As of April 2025, Islamic Development Bank (IsDB)' leadership includes:

H.E. Dr. Muhammad Sulaiman Al Jasser - President, IsDB Group and Chairman of the Board of Executive Directors
Dr. Zamir Iqbal - Vice President, Finance (Chief Financial Officer)
Dr. Mansur Muhtar - Vice President, Operations
Mr. Amer Bukvić - Acting Director General Global Practice & Chief Economist
Mr. Mohamad Al-Nasser - Acting Vice President, Administration and Corporate Services

Who's Investing in Islamic Development Bank (IsDB)?

Islamic Development Bank (IsDB) has been backed by several prominent investors over the years, including:

Saudi Arabia
Libya
Iran
Egypt
Turkey
United Arab Emirates
Qatar
Nigeria
Kuwait
Algeria

What Leadership Changes Has Islamic Development Bank (IsDB) Seen Recently?

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The Islamic Development Bank has seen key leadership appointments and transitions over the past year aimed at strengthening its specialized entities and core functions. Notably, Dr. Hiba Ahmed was appointed as Director General of the Islamic Solidarity Fund for Development (ISFD). The Bank also has acting executives in significant roles such as Acting Director General Global Practice & Chief Economist and Acting Vice President for Administration and Corporate Services, indicating dynamic leadership adjustments and potential upcoming permanent appointments.

New Appointments:

Dr. Hiba Ahmed, Dr. Hiba Ahmed appointed as the new Director General for ISFD, the poverty alleviation arm of the IsDB Group.

What Technology (Tech Stack) Is Used byIslamic Development Bank (IsDB)?

Discover the tools Islamic Development Bank (IsDB) uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Islamic Development Bank (IsDB) Email Formats and Examples

The Islamic Development Bank (IsDB) most commonly uses the email format [first_initial][last_name]@isdb.org for its employees. For example, an employee named Muhammad Al Jasser would likely have an email address like maljasser@isdb.org. While this is the primary pattern, variations might exist for specific departments or roles.

[first_initial][last_name]@isdb.org

Format

maljasser@isdb.org

Example

85%

Success rate

What's the Latest News About Islamic Development Bank (IsDB)?

isdb.orgMay 14, 2024

Islamic Development Bank Institute Holds Second Global Forum on Islamic Finance, Discussing Transformative Ideas for Shared Prosperity

The Islamic Development Bank (IsDB) Institute organized its Second Global Forum on Islamic Finance in Riyadh, focusing on 'Transformative Ideas for Shared Prosperity.' The forum gathered experts to discuss innovative solutions and strategies within Islamic finance to address global economic challenges and promote sustainable development....more

isdb.orgMay 12, 2024

Islamic Development Bank Group Affirms Commitment to Strengthening Partnerships for Sustainable Development at 2024 Annual Meetings’ Private Sector Forum

During its 2024 Annual Meetings in Riyadh, the Islamic Development Bank (IsDB) Group hosted a Private Sector Forum, reaffirming its dedication to fostering robust partnerships to achieve sustainable development goals across its member countries. The forum emphasized collaboration between public and private sectors to drive economic growth and resilience....more

isdb.orgApril 29, 2024

Islamic Development Bank President Delivers Keynote at AIM Congress 2024, Emphasizing Investment in Human Capital and Innovation

H.E. Dr. Muhammad Al Jasser, President of the Islamic Development Bank (IsDB), delivered a keynote address at the Annual Investment Meeting (AIM) Congress 2024. He highlighted the critical role of investing in human capital, science, technology, and innovation as key drivers for sustainable economic development and prosperity in IsDB member countries....more

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