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عربي

Islamic Development Bank

  
Also known as: IDB, ISDB
 
 
 
 
 
 
 
 
 
 
Updated: Apr 30, 2011
 
 
 
Country

Region-wide

Ownership Type
Company Type
Joint Stock
 
 
 
 
Formerly Known As 
Multilateral Development Bank
Principal Activities
Participation in equity capital, project and enterprise lending, economic and social development and foreign trade development and technical assistance to member countries; asset management including fund management, all according to Islamic Principles
 
Date of Establishment Year
1973 (December)
 
No of Employees
1,000 Company, N/A Group (As of Apr 30, 2011)
 
Important/Recent Developments
Operations started in October 1975.
 
Branches
Morocco Kazakhstan Malaysia
 
Senegal    
 
Representative Offices
Algeria Libya Iran
 
Sudan Pakistan Guinea
 
Mauritania Indonesia Bangladesh
 
Sierra Leone Nigeria Uzbekistan
 
 
Contact Details
Address:
Islamic Development Bank Building
Qasr Khuzam Street
P.O. Box 5925
Jeddah 21432
Makkah
Saudi Arabia
 
Tel:
+966 2-636-1400
 
Fax:
+966 2-636-6871
 
Email:
idbarchives@isdb.org.sa
 
Website:
www.isdb.org
 
Related Links:
www.biosaline.org
www.worldwaqf.org
www.big-banque.com
www.bis-bank.com

 
 
 Sukuk Details
Sukuk Name:
Islamic Development Bank Sukuk (Tranche 1)
Type of Structure:
Ijarah
Issue Size (mil):
USD  500.00
Oversubscription:
1.56 x
 
Sukuk Name:
Islamic Development Bank MTN Sukuk (Series 3)
Type of Structure:
Al-Wakala Bel-Istithmar
Issue Size (mil):
USD  850.00
 
Sukuk Name:
Islamic Development Bank MTN Sukuk (Series 6)
Type of Structure:
Al-Wakala Bel-Istithmar
Issue Size (mil):
USD  500.00
 
Sukuk Name:
Islamic Development Bank MTN Sukuk (Series 7)
Type of Structure:
Al-Wakala Bel-Istithmar
Issue Size (mil):
USD  750.00
 
Sukuk Name:
Islamic Development Bank MTN Sukuk (Series 8)
Type of Structure:
Al-Wakala Bel-Istithmar
Issue Size (mil):
USD  600.00
 
 
 Major Shareholders   
Name   Type  Country  Holding 
Government of Saudi Arabia  Government Saudi Arabia 26.57% 
Government of Libya  Government Libya 10.66% 
Government of Iran  Government Iran 9.32% 
Government of Egypt  Government Egypt 9.22% 
Government of Turkey  Government Turkey 8.41% 
Government of the United Arab Emirates  Government UAE 7.54% 
Government of Kuwait  Government Kuwait 7.11% 
Government of Algeria  Government Algeria 3.31% 
Government of Pakistan  Government Pakistan 3.31% 
Government of Indonesia  Government Indonesia 2.93% 
Government of Malaysia  Government Malaysia 2.12% 
45 other countries of the Organisation of Islamic Conference (OIC)   - 9.50% 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
International Islamic Trade Finance Corporation [ITFC] Saudi Arabia 100.00%
Islamic Research and Training Institute [IRTI] Saudi Arabia 100.00%
World WAQF Foundation [WWF] Saudi Arabia 100.00%
Islamic Corporation for the Insurance of Investment and Export Credit Saudi Arabia 67.00%
Islamic Corporation for the Development of the Private Sector Saudi Arabia 50.00%
Banque Islamique du Guinée [BIG] Guinea 49.99%
Bosna Bank International Bosnia-Herzegovina 45.46%
Banque Islamique du Sénégal [via Banque Islamique du Guinée] Senegal 44.50%
International Leasing and Investment Company Kuwait 28.00%
Liquidity Management Centre Bahrain 25.00%
Allied Cooperative Insurance Group Saudi Arabia 20.00%
International Center for Biosaline Agriculture [ICBA] UAE -
OIC Networks Malaysia -
Investments
Name  Country  Holding 
Bahrain Islamic Bank Bahrain 17.68%
Raysut Cement Company Oman 11.71%
Cham Islamic Bank Syria 9.00%
Kuwait Turkish Participation Bank Turkey 9.00%
Fujairah Cement Industries UAE 7.11%
Gulf Pharmaceutical Industries UAE 6.72%
Jordan Petroleum Refinery Company Jordan 6.25%
Arab Potash Company Jordan 5.16%
Bank of Khartoum Sudan 4.40%
Gulf Finance House Bahrain 3.71%
Cosumar Morocco 3.41%
IDB Infrastructure Fund II -
IDB Infrastructure Fund L.P. -
Millennium Private Equity Global Energy Fund -
Millennium Private Equity Telecoms, Media & Technology Fund -
 
 
 Mutual and Hedge Funds
Name  Geographic Focus    Domicile   
Al AQSA Fund Saudi Arabia -
Al QUDS Fund Saudi Arabia -
Awqaf Properties Investment Fund (APIF) Saudi Arabia -
IDB Medical Fund Saudi Arabia -
IDB Pension Fund Saudi Arabia -
IDB Special Assistance Fund Saudi Arabia -
IDB Unit Investment Fund Saudi Arabia -
Islamic Solidarity Fund for Development [ISFD] Saudi Arabia -
Poverty Alleviation Fund Saudi Arabia -
Poverty Reduction Fund Saudi Arabia -
Waqf Fund Saudi Arabia -