Success Stories – Golden Jubilee Anniversary 2024

SEWING HAPPINESS: Empowering Yemen’s Women Entrepreneurs – The BRAVE Initiative

The Islamic Development Bank – fueled by a US$8.8 million grant from The Women Entrepreneurs Finance Initiative (We-Fi) – set out to empower female-led SMEs in Yemen via its BRAVE program.

MOROCCO-MALI PARTNERSHIPINSPIRED BY ISDB: Lightens Rural Communities through Solar Energy

The IsDB negotiated with the Moroccan Agency for International Cooperation to connect ONEE with the Malian Agency for the Development of Domestic Energy (AMADER). IsDB’s unique “Reverse Linkage” collaboration thrived on a perfect synergy between the two partners for capacity sharing.

RWANDA’S NEW WATER WELLS: Turn on Taps for 1 Million People

The Islamic Development Bank (IsDB) has been striving to improve the lives of those in the Central African state for more than 30 years. IsDB provided US$150,000 of the US$320,000 total, with the Umbrella for Vulnerable and other partners fulfilling the remaining amount.

FROM MOUNTAINSTO MARKETS: The Power of South-South Cooperation in Revolutionizing Kyrgyz Agriculture

Recognizing this vital need for transformation, it embarked on a ground breaking collaboration in partnership with the Islamic Development Bank (IsDB). The project, a paragon of South-South Cooperation, paired Kyrgyz Republic with Indonesia - a nation renowned for its pioneering developments in livestock breeding at the Singosari National Artificial Insemination Centre (SNAIC).

KONYA HOSPITAL: Boosting Medical Research and Well-being for Sustainable Development

Investment experts at the Islamic Development Bank (IsDB) played a key role in Turkey’s ambitious plans to transform its health service. Ambitioning to become a medical hub and one of the top international destinations for medical tourism, the country committed to building 35 hospitals with more than 40,000 beds by 2023.

SAUDI VISION CREATES PROMISING ECONOMIC PROSPECTS

The IsDB played a major role in establishing the Ma’aden Phosphate Fertilizer Complex (MPC) project, which created thousands of jobs and a product for worldwide export – supporting global food production as well as the national economy. The IsDB-led phosphate-based public-private partnership (PPP) had created a blueprint for others to follow.

BREAKING THE CIRCLE OF POVERTY: The Impact of DEEP in Empowering Vulnerable Palestinian Families

The Islamic Development Bank (IsDB) took a pioneering step in 2006 with the establishment of the Deprived Families Economic Empowerment Program (DEEP).

HOW EDUCATION AND SAFE WATER: Combat Climate Change in Somalia

The Islamic Development Bank (IsDB) embarked on a project to better protect vulnerable communities in Somalia against future water shortages. The King Adbullah bin Abdulaziz Program for Charity Works project operated by IsDB not only drilled 64 deep wells to provide safe, clean drinking water but also built 35 Islamic schools nearby.

LLF LIFE-SAVINGHEALTHCARE PROJECT: Delivers Hope in Niger

Starting in 2019, the Lives and Livelihoods Fund (LLF) of the Islamic Development Bank (IsDB) provided
US$40 million to fund a three-year project to decrease these maternal and neonatal deaths by strengthening Niger’s health system and improving access to quality MNCH services.
More than 5,000 healthcare workers were trained to help communities across all 28 districts with the aim of providing MNCH care to 90% of pregnant women and overall benefitting approximately 9 million people.

EMPOWERING RURAL COMMUNITIES: The Impact of High-Speed Internet in Bangladesh

The Bangladeshi government partnered with the Islamic Development Bank (IsDB) to embark on a visionary project - the installation of a submarine fiber-optic cable.

How ISDB Promotes Cooperation between Kuwait and Pakistan in Halal Authentication

Prioritizing capacity building as the bedrock of its strategy, Kuwait participated in an experience exchange scheme in partnership with Pakistan's world-renowned International Center of Chemical and Biological Sciences (ICCBS). This cooperation was promoted by IsDB which substantially contributed to the project funding as part of its multidimensional strategy to support Member Countries.

ONE LIFE AT A TIME: How KSRelief’s $10 Million Contribution to AHTF Empowers Communities in Afghanistan

The Afghanistan Humanitarian Trust Fund (AHTF), an initiative by the Organization of Islamic Cooperation (OIC) established and managed by the Islamic Development Bank (IsDB), stands on the ground, ready to offer a lifeline to mothers like Shebnam.

WOMEN-LED MICRO-ENTERPRISES: Drive Job Creation and Poverty Alleviation in Albania

During a visit to the Balkan nation in 2007, the Islamic Development Bank (IsDB) identified credit schemes
aimed at small and micro enterprises as crucial steps to redevelop agriculture in regions with high levels of deprivation.

FROM EXODUS TO EMPOWERMENT: The Wad Balal Cattle Project in Sudan

The expats approached one of the Islamic Development Bank’s (IsDB) key strategic partners to seek financial and technical support - the Bank of Khartoum (BOK). Recognizing the project's potential for poverty reduction and rural development, the BOK readily agreed to participate. A unique partnership was formed, uniting the expertise and resources of the returning villagers, the financial assistance of the BOK, and the development experience of the IsDB.

From White Gold to a Brighter Future – A Model for SustainableDevelopment in Burkina Faso

The Burkina Faso government joined hands with the International Islamic Trade Finance Corporation (ITFC), the trade arm of the IsDB Group, to weave a remarkable story of partnership and progress.

Uzbekistan’s Rural Renaissance: A Model for ThrivingRural Communities

Supported by the Islamic Development Bank (IsDB) through a multi-tranche financing facility, this visionary program aimed to introduce city-like infrastructure into rural landscapes. Targeting a broad demographic including medium to low-income families, young families, women, single-headed households, and essential societal roles such as educators and healthcare workers, HIRDP covered six key regions: Andijan, Bukhara, Jizzakh, Namangan, Navoi, and Syrdarya.

From Bare Fields to Bountiful Harvests: A Family’s Journey in Upland Indonesia

The "Integrated Farming System Development in UPLAND Indonesia" project, funded by the Lives
and Livelihoods Fund (LLF), arrived on the scene. This ambitious initiative, co financed by the International Fund for Development and the Indonesian government, targeted 13 districts, aiming to transform the lives of 30,000 families over five years. Sri's village, Bandong, was one of the lucky beneficiaries.

Bridging Mountains, Uniting Regions: A Case Study in Economic Revitalization in Tajikistan

The Islamic Development Bank (IsDB) has a long history of supporting infrastructure development
projects in the developing world. As the bank celebrates its achievements, the reconstruction of
the Kulyab-Kalaikhumb road corridor in Tajikistan stands out as a prime example of its impact.
This important project not only showcases the IsDB's commitment to improving connectivity and fostering economic growth but also exemplifies the power of strategic partnerships in overcoming geographical challenges.

EMPOWERING LOCAL FARMERS : A Kyrgyz-Indonesian Collaboration Herds a Brighter Future

The Kyrgyz Republic embarked on a ground breaking collaboration under the Islamic Development
Bank's (IsDB) banner. This project, a shining example of South-South Cooperation, brought them together with Indonesia, a nation renowned for its advancements in livestock breeding through the Singosari National Artificial Insemination Centre (SNAIC).

Supporting Transportation Sector in Saudi Arabia

ICIEC provided a USD 360 million Shariah-compliant reinsurance facility to Atradius Dutch State Business
N.V., the state-owned Export Credit Agency (ECA) of the Netherlands and one of the leading ECAs in the
world, in support of Strukton for its role in the construction of the metro project in Riyadh.

Modernising road planning and designing in Yemen

Roads are fundamental to the development of Yemen and the well being of its population. The deserts and mountains that characterise the country make building and maintaining roads a challenge. The network of paved roads is limited and many remote communities are still isolated. A good road network is essential to bring rural areas into the mainstream and to boost development.

Power plant modernisation gives Sudan’s growth a jolt

With an eye to the future, in the 1970s and 1980s, Sudan made substantial investments in power generation that modernised and increased the supply of electricity to businesses, farms and households alike. But by the 1990s it was clear those earlier investments were not keeping pace with economic growth. Lack of reliable, abundant power was seriously hindering socio-economic development in Sudan, where a significant proportion of the population lives below the national poverty line.

Solar power is turning on the lights in Bangladesh

More than half the people in Bangladesh live in areas where there is no mains electricity. Only one third of rural communities have access to electricity. But for nearly 10 years now the lights have been going on in many parts of the countryside thanks to solar home systems (SHS). Previously, people had to rely on kerosene lamps that provide poor light and create a smoky home environment. But now young people can study after school, the family can relax and learn.

Khanarc Canal transforms agriculture in northeast Azerbaijan

Built around 70 years ago, the Samur-Absheron Canal carries water from the Samur River to irrigate farms in northeastern Azerbaijan and supply the national capital, Baku, with drinking water. Years of neglect meant that the canal was inefficient – it lost much of the water it carried – and did not have the capacity to meet existing. demand for irrigation or, still less, to allow for expansion. Rehabilitating the canal was a priority for the Government of the Republic of Azerbaijan.

New container port raises Djibouti’s international logistics profile

Djibouti is strategically located on one of the fastest-growing East–West international shipping routes, at the entrance to the Red Sea. The country is thus ideally placed to expand its role as a shipping hub, especially for containerised goods destined for East and southern Africa. The container terminal at the existing port of Djibouti had been operating at near full capacity for some time (400,000 TEUs1), preventing the country from taking advantage of its potential.

A life-saving centre of excellence: The new Ibra Hospital in Ash-Sharqiyah, Oman

Before a new 200-bed hospital was built at Ibra, 150 kilometres and more than two hours’ drive from the Omani capital, Muscat, health care for the people of Northern Ash-Sharqiyah Governorate was basic at best

A lifeline across the Niger river: The bridge at Gao, Mali

Until a few years ago, crossing the Niger River at Gao meant waiting for a ferry that might or might not be operating. This hindered progress and discouraged trade. Now, a new bridge has thrown a lifeline to the once isolated Gao Region in eastern Mali

Connecting people, creating opportunity: Modernizing Kazakhstan’s postal service

Kazakhstan is a huge country, with long distances between cities and a widely dispersed population. Postal services play a vital role in bridging the communications gap.

From darkness to light: Rural electricity in Morocco

Electricity is by no means a newcomer to Morocco; as early as 1891, a public lighting system was installed in the town of Tangier. However, electrification rates outside the cities persistently remained very low. In 1995, over 80% of Moroccan villagers still lived in the dark. Once the sun had set, children found it difficult to study and shops closed their doors.

Happy landings: Streamlined travel for the modern-day Hajj

Every year, during the 12th month of the Islamic calendar, Muslims from around the world embark on the journey to Makkah for the Hajj pilgrimage. Dressed in simple white cloth, people from all ethnic and social groups join together to perform acts of worship during the holy week.

Increasing the potential of higher education in Indonesia

With a population of school-aged children that is one of the largest in the world, Indonesia has made remarkable progress at introducing free universal primary and secondary schooling. Its success means it is in on track to meet the education Millennium Development Goal. But, with such a large influx of young students, the country has struggled to meet the rising demand for good quality higher education.

Mini hydropower plants brighten rural Tajikistan

With its dense network of rivers, Tajikistan is the eighth richest country in the world in terms of hydropower resources. But lack of investment has meant that this resource is vastly underutilised with electricity supplies still failing to meet the country's needs.

Solid foundations: Building better schools for Togo’s pupils

A good education has many ingredients. Children need a teacher who is knowledgeable, enthusiastic and motivating. They need resources – books, stationery, and science and maths equipment – to test and reinforce their newly acquired knowledge.

Support to rural ICT centres gives a boost to small businesses in Bangladesh and Egypt

Micro/small and medium enterprises (M/SMEs) employ the vast majority of workers in developing countries, and are widely considered an engine of economic and social growth. Not only do they help lessen poverty through employment, but the competition between them helps build stronger and more flexible economies.

Connecting West Africa: The Trans-Sahelian Highway

Roads are integral to West Africa’s economic development. They promote local, regional and international trade by enabling goods to move from areas of production to markets.

Growing for the future: How new initiatives are feeding Niger

How do you feed one of the world’s poorest populations in one of its harshest environments? That is the challenge facing Niger, where the main problem is simple – there is very little rain.

Microfinance makes businesses successful in Guinea

Guinea has long been ranked among the poorest countries in the world, making life tough for the nation’s many micro-entrepreneurs, who until recently have been unable to access the capital needed to grow their businesses and improve the lives of their families. In 2001, guided by its national poverty reduction strategy, the Government invited the Islamic Development Bank (IsDB) to help the country’s poor to help themselves through a microfinance project

Opening the doors to knowledge: Rebuilding schools in Tajikistan

The collapse of the Soviet Union followed by a devastating civil war severely impaired the quality, as well as the reach, of education in Tajikistan – a country which used to have some of the best levels of education in Central Asia. Following a request from the Republic of Tajikistan, in 1998 the Islamic Development Bank (IsDB) began to finance a reconstruction project of secondary schools in rural areas of the country.

Special Program for the Development of Africa

The SPDA, which came into effect in February 2008, is a comprehensive financing program in favour of African member countries south of the Sahara, targeting key sectors deemed crucial for growth and poverty reduction. It is a contribution by the IDB Group to meet some of these countries’ development aspirations.

Social Safety Nets programme transforms lives of millions

Social safety nets are vital mechanisms for preventing vulnerable segments of society from falling into poverty and to provide foundations for long-term sustainable development. Elements of safety nets include development of public infrastructure, such as roads and water resources, education and healthcare programmes, and microfinance initiatives aimed at supporting the development of small and microenterprises.

Adaptable water infastructure in Oman: Moving to desalination in Ash-Sharqiyah

The Ash-Sharqiyah Sands Water Supply Scheme, as it is known in Oman, was prompted by repeated droughts and acute shortages of water.

How Pakistan built back better: Owner-driven reconstruction after the 2005 earthquake

What became known to the world as the Kashmir earthquake was one of the worst disasters in the modern history of South Asia and the worst ever in Pakistan. The epicentre, near the city of Muzaffarabad, was in Pakistani-administered Kashmir, where the Eurasian and Indian tectonic plates collide

From Silk Road to Modern Highway: How IsDB-Financed Project Slashes Travel Times in Kazakhstan

The road reconstruction project in Kazakhstan's Jambyl Region shines as a remarkable testament to the power of strategic investment in bridging divides and unlocking economic potential. This initiative not only aligns with the IsDB's commitment to infrastructure development but also symbolizes the crucial role of connectivity in fostering regional prosperity.

IsDB Paris Alignment: Ambitious Commitment to Align Sovereign Investments with the Goals of the Paris Agreement

The well-being of people and nature is at risk from climate change, which also hampers the chances of achieving sustainable development, especially in developing and emerging economies. The Islamic Development Bank (IsDB), the premier South-South multilateral development finance institution that reaches one-fifth of the global population, has a significant role in helping to increase climate action.

Partnering for Economic Development: Morocco’s Highway Revolution

Morocco, a nation steeped in history and blessed with diverse landscapes, has long sought to bridge the gap between its rich cultural heritage and economic potential. One of the key challenges hindering progress was the fragmented nature of its transportation network, particularly its highway infrastructure. Recognizing this obstacle, the Islamic Development Bank (IsDB) joined hands with the Moroccan government in a collaborative effort to embark on a transformative journey.

Senegal’s Express Train: A Story of Transformation, Opportunity, and Sustainability

The Islamic Development Bank (IsDB) joined hands with Senegal to embark on a ground breaking project: the construction of West Africa's first fast train railway network. This ambitious initiative was aimed not only to alleviate the immediate congestion woes of Dakar but also to lay the foundation for sustainable development and regional integration.

“YES” TO REDUCE YOUTH UNEMPLOYMENT

MANY of IDB member countries, especially from the MENA region are facing acute youth unemployment. It has been estimated that nearly 25% of the youth in the Arab countries are unemployed.

A PROMINENT INDIAN OPHTHALMOLOGIST AND RECEPIENT OF IDB SCHOLARSHIP GIVES BACK TO HIS COMMUNITY

BEING a brilliant student, Dr. Mir Alam Siddique was able to win an IDB scholarship to obtain his MBBS.

Boosting the Quality of Education in Uganda

IDB financed the Construction of Student Hostels at Islamic University in Uganda Project in Uganda. The project outputs included: Male student hostel (for 550 students), female student hostel (for 550 students), students dining hall and kitchen for both males and females. Besides, furniture for hostels, generator, 96 cubic meters water tank, kitchen utensils were procured.

BANK MUAMALAT INDONESIA

BANK MUAMALAT was the first and the only Islamic bank in Indonesia, up to 1999. It was established in 1991 and initiated by the Indonesian Council of Ulama ("MUI"] and later supported by a group of entrepreneurs and Muslim intellectuals ("ICMI"].

Establishing Successful Islamic Banks in Unchartered Territories: Spotlight on Maldives Islamic Bank

MIB commenced operations in March 2011 as the first Islamic commercial bank in Maldives.Initial paid up capital was USD 11.76 million with ICD’s contribution of USD 10 million. Government of Maldives was the other shareholder of the bank. Although the journey since inception was challenging, ICD successful managed to achieve the desired goal.

EDUCATING AND ENABLING THE ARAB YOUTH TO ESTABLISH THEIR BUSINESSES

THE EDUCATION for Employment (E4E) initiative was launched by the IDB in partnership with the International Finance Corporation (IFC) in April 2012.

HOSTING OF THE G8 DEAUVILLE PARTNERSHIP IFI COORDINATION PLATFORM SECRETARIAT

AT THE MEETING of the G8 Deauville Partnership Finance Ministers held in Marseille in September 201 1. ten IFls, including IDB, strongly endorsed the economic framework of the Deauville Partnership.

ICBA – Potential biofuel grown with salt water

ICBA, in collaboration with the Masdar Institute of Science & Technology in the United Arab Emirates (UAE), took the initiative in partnering with Boeing and the University of Arizona (USA) to evaluate the potential use of seawater to grow Salicornia for use as a biofuel and maintaining CO2 equilibrium.

IDB INFRASTRUCTURE FUND-ONE

THE IDB lnfrastructure Fund One was the first private equity investment vehicle with a target capital of US$1.5 billion to focus on infrastructure development in member countries of the IDB.

IMPROVING HOUSEHOLD INCOME AND PROVIDING EMPLOYMENT OPPORTUNITIES TO OTHERS

SHAIKH TAHA's family consists of eight people who are living in a small village near Beit Laham, West Bank.

INTEGRATED COMMUNITY DRIVEN DEVELOPMENT (ICDD) THROUGH THE IDB PNPM ICDD PROJECT. INDONESIA

IN 2005, IDB established a Medium Term Note (MTN) programme with a strategic aim of becoming a regular issuer of Sukuk in global capital markets and being more transparent to its Sukuk investors.

ISLAMIC CORPORATION FOR THE INSURANCE OF INVESTMENT & EXPORT CREDIT (ICIEC) BACKS ENERGY SECTOR IN LEBANON

ENERGY sector in Lebanon has been in very poor condition since the end of the civil war in 1990. Power outage has been frequent in Lebanon despite many attempts by consecutive governments to increase the production capacity of existing power plants.

LAUNCHING THE ISLAMIC FINANCE COUNTRY REPORTS

THE ISLAMIC RESEARCH AND TRAINING INSTITUTE (IRTI) launched a new series of country reports which were produced jointly under a strategic partnership with Thompson Reuters and CIBAFI.

Reconstruction and Rehabilitation of Schools & Colleges in Bosnia & Herzegovina

After the devastating war in Bosnia & Herzegovina which resulted in the destruction of lives and properties. A war that caused high economic losses; and the post-conflict reconstruction effort requires significant contribution from development institutions like the IDB. The high cost of the war brought international institutions together in order to reconstruct the country and put the economy back on track.

ROLLING OUT A PIONEERING ISLAMIC FINANCE INSTRUMENT THE IDB SUKUK

COMMUNITY DRIVEN DEVELOPMENT (CDD) is an approach to poverty alleviation, in which the communities exercise full control over the planning decisions and resources of the development intervention.

SAUDI ARABIAN PROJECT FOR THE UTILIZATION OF HAJJ SACRIFICIAL MEAT (ADAHI)

IDB has been successfully managing the responsibility of ADAHI entrusted to it by the Government of Saudi Arabia since 1403H.

STRUCTURING AND DELIVERING A SWEET DEAL FOR INDONESIA

SINCE its inception, the Islamic Trade Finance Corporation (ITFC) has been a strong advocate and champion of Shariah-compliant trade financing.

Special Assistance to Muslim Communities in Non-Member Countries : A Case in Burundi

In Burundi, through an umbrella organization “Communauté Islamique du Burundi” (COMIBU) IDB supported three educational institutions, namely “Lycée Technique Moderne de Ngozi”, “Lycée Islamique de Rumonge”, and “Debout Bébés” Primary School. IDB’s contribution enabled these institutions to provide primary and secondary education for 810 students across various cities in Burundi.

Supporting Egypt through difficult times

The $2.2 billion financing program signed between ITFC and the Government of Egypt came at a critical time for Egypt and helped the government in reducing the pressure on the foreign currency reserves

THE ALLIANCE TO FIGHT AVOIDABLE BLINDNESS

ANASTASIA Sompougdou. When Agnes Sompougdou was nursing her three-month-old twins, she noticed that something was not right with the girl.

The International Centre for Diarrhoeal Disease Research, Bangladesh

Since 1978, when icddr,b was created in its current form, the focus of its activities has been the development of evidence-based solutions that deliver significant public health impac t; the ultimate impact being saving the lives of those in greatest need.

The Malaysian Agricultural Research and Development Institute, Malaysia

AchievementsMARDI addresses technical issues and constraints faced by the agricultural industry, as outlined in the National Agro Food Policy and Science and Technology Policy, and works to transfer, as well as commercialise technologies to appropriate users and private sector companies.

Modernization of Nouadhibou Mining Port Handling Equipment

In Mauritania, IDB financed the Mining Port Handling Equipment Project (MAU0108) which aimed at modernizing the Nouadhibou port loading equipment of “Société Nationale Industrielle et Minière” (SNIM), which is the state mining company and one of the major iron exporters in the world. The project succeeded in increasing SNIM’s iron ore production from 10.65 million tons in 2006 to 11.50 Mt in 2012.