Islamic Development Bank

Name of the organization

Islamic Development Bank

General information about the organization

  • Establishment date: 1973.
  • Purpose: Contribute effectively to poverty alleviation; Promote sustainable economic growth and support regional integration.
  • President: Dr. Muhammad Sulaiman Al Jasser.
  • Headquarter: Kingdom of Saudi Arabia, Jeddah.
  • Authorised share capital: ID 100.0 billion.
  • Number of member countries:57

Information about cooperation between Azerbaijan and the organization

  • Membership of Azerbaijan:1992
  • 18 sovereign guaranteed projects

- All the companies have been successfully completed.