Islamic Development Bank (IsDB)

The Islamic Development Bank (IsDB) is an international financial institution founded in 1975 to support the economic and social development of its member countries, primarily in the Muslim world. It provides financial assistance, grants, and technical expertise to promote projects in sectors such as infrastructure, education, healthcare, and agriculture, all aligned with Islamic principles. The IsDB aims to reduce poverty, foster sustainable growth, and improve living standards while adhering to Shariah law, which guides ethical finance practices like the avoidance of interest. It acts as a partner for development, collaboration, and economic progress among its member nations.