The Islamic Development Bank (IsDB) is a Multilateral Development Bank with 57 member countries across four continents (Africa, Asia, Europe and Latin America). Its mission is to promote comprehensive human development, with a focus on the priority areas of alleviating poverty, improving health, promoting education, improving governance, and helping people prosper. The IsDB is a truly global institution, headquartered in Jeddah, Saudi Arabia, with 12 regional offices.
The IsDB Group comprises of five entities. The Islamic Development Bank (IsDB), the Islamic Research and Training Institute (IRTI), the Islamic Corporation for the Development of the Private Sector (ICD), the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), and the International Islamic Trade Finance Corporation (ITFC).
In accordance with its mandate to deliver development assistance to support member countries achieve sustainable development, the IsDB Group has, since inception till the end of 2019, achieved cumulative net approvals of Islamic Dinar 101.38 billion—equivalent to US$145.07 billion. These approvals cover a variety of projects and programmes in member countries covering a wide spectrum of sectors and thematic areas such as energy, health, education, climate change, women and youth.