Islamic Development Bank Overview
- Service
-
Commercial Bank
- Year Founded
-
1975
- Professionals
-
1,508
- Financed Companies
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6
- Financings
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6
Islamic Development Bank General Information
Description
Founded in 1975, Islamic Development Bank is a banking institution headquartered in Jeddah, Saudi Arabia. The firm participates in equity capital and grants loans for productive projects and enterprises, besides providing financial assistance to member countries in other forms for economic and social development. The firm is also required to establish and operate special funds for specific purposes, including a fund for assistance to Muslim communities in non-member countries. The assets of the firm are managed by the board of executive directors.
Contact Information
Website
www.isdb.orgYear Founded
Corporate Office
- 8111 King Khalid Street
- AI Nuzlah AI Yamania District, Unit Number 1
- Jeddah 22332-2444
- Saudi Arabia
Islamic Development Bank Financings
| Company Name | Financing Date | Debt/Deal Date | Debt/Deal Amount |
|---|---|---|---|
| Antalya-Alanya Highway | Nov 2025 | ||
| ABGC DMCC | Mar 2024 | ||
| Albatros Energy | Jun 2017 | ||
| TriconBoston Consulting Corporation | May 2017 | ||
| Africa Finance Corporation | Aug 2015 | ||
| Atlantique Telecom | Jan 2004 |
Islamic Development Bank Co-Lenders (24)
| Lender | Lender Type | Lender Location | Total Shared Financings | Last Shared Financing |
|---|---|---|---|---|
| Abu Dhabi Commercial Bank | Commercial Bank | Abu Dhabi, United Arab Emirates | 1 | |
| Abu Dhabi Islamic Bank | Commercial Bank | Abu Dhabi, United Arab Emirates | ||
| Akbank | Commercial Bank | Istanbul, Turkey | ||
| Asian Development Bank | Commercial Bank | Mandaluyong City, Philippines | ||
| Asian Infrastructure Investment Bank | Lender | Beijing, China | ||
| Banque Ouest Africaine de Développement | Other Service Provider Type | Lome, Togo | ||
| BBK Bank | Commercial Bank | Manama, Bahrain | ||
| Black Sea Trade and Development Bank | Lender | Thessaloniki, Greece | ||
| Commercial Bank of Dubai | Commercial Bank | Dubai, United Arab Emirates | 1 | |
| DEG | Mezzanine | Cologne, Germany | 1 |
Islamic Development Bank Investment Preferences
| Preferred Industries | Preferred Verticals | Preferred Deal Types | Geographic Preferences | Transaction Amount |
|---|
Islamic Development Bank Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Islamic Solidarity Fund for Development | Jeddah, Saudi Arabia | 2007 | |
| Allied Cooperative Insurance Group | Riyadh, Saudi Arabia | 2006 | |
| Islamic Corporation for the Development of the Private Sector | Jeddah, Saudi Arabia | 1999 |
Islamic Development Bank FAQs
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When was Islamic Development Bank founded?
Islamic Development Bank was founded in 1975.
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Where is Islamic Development Bank headquartered?
Islamic Development Bank is headquartered in Jeddah, Saudi Arabia.
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What is the size of Islamic Development Bank?
Islamic Development Bank total number of employees/professionals is 1,508.
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What service provider type is Islamic Development Bank?
Islamic Development Bank's service provider type is Commercial Bank.
-
What companies has Islamic Development Bank invested in or acquired?
Islamic Development Bank has invested in or acquired companies like Riwe Technologies, OmniVis, and PyramidBITS.
-
What are Islamic Development Bank subsidiaries?
Islamic Solidarity Fund for Development, Allied Cooperative Insurance Group, and Islamic Corporation for the Development of the Private Sector are subsidiaries of Islamic Development Bank.
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