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 (Since 2021).
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.