The Islamic Development Bank, founded in 1975 as a specialized body of the Organization of Islamic Cooperation, is a development and aid institution based on Islamic banking principles. The conceptualization of the bank emerged in 1972 during a meeting of finance ministers of Islamic countries. The establishment process was marked by significant diplomatic contributions from former Malaysian Prime Minister Tunku Abdul Rahman Putra and substantial economic support from Saudi Arabia. Representing a total of 57 member countries, the bank’s primary objective is to promote the economic and social development of Muslim nations and minority communities while adhering to the principles and directives outlined in Islamic law. The bank’s operational domains encompass project finance, technical assistance, trade finance, and humanitarian aid, with a focus on fostering private sector development and promoting the dissemination of Islamic financial instruments. Among its notable initiatives are programs designed to assist Muslim minorities in economically disadvantaged nations and to provide humanitarian relief in collaboration with international organizations.

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Islamic Development Bank

  • Abdussamet Pulat

摘要

The Islamic Development Bank, founded in 1975 as a specialized body of the Organization of Islamic Cooperation, is a development and aid institution based on Islamic banking principles. The conceptualization of the bank emerged in 1972 during a meeting of finance ministers of Islamic countries. The establishment process was marked by significant diplomatic contributions from former Malaysian Prime Minister Tunku Abdul Rahman Putra and substantial economic support from Saudi Arabia. Representing a total of 57 member countries, the bank’s primary objective is to promote the economic and social development of Muslim nations and minority communities while adhering to the principles and directives outlined in Islamic law. The bank’s operational domains encompass project finance, technical assistance, trade finance, and humanitarian aid, with a focus on fostering private sector development and promoting the dissemination of Islamic financial instruments. Among its notable initiatives are programs designed to assist Muslim minorities in economically disadvantaged nations and to provide humanitarian relief in collaboration with international organizations.