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Latest News

07.02.2017

GCC VAT a test for Islamic Finance- Fitch


30.01.2017

Goldmoney adds Shariah-compliant methods to boost investment from Islamic markets


31.03.2016

Path Solutions joins CIBAFI, the world renown General Council for Islamic Banks and Financial Institutions


28.03.2016

"Kazakhstan Islamic Finance 2016: a new frontier for Islamic finance" country report


19.02.2016

Azerbaijan looks to new Islamic bank as sector rules progress


15.01.2016

Linar Yakupov received an award for his contribution to the development of Islamic finance industry in Russia


14.12.2015

The 2nd International winter school of Islamic law and economics has started in Kazan


09.12.2015

Russian financial experts are exploring options to launch Islamic Banking


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22.06.2016

Islamic banking will be most relevant to SME sector: Zafar Sareshwala

Interview with director and head of Islamic Corporation for Development's (ICD) India operations.

25.11.2015

Islamic Develop Bank calls for new Islamic microfinance structures

As the Shariah-compliant Islamic finance sector booms in the GCC region, the President of the Islamic Development Bank (IDB) Group, Dr. Ahmad Mohamed Ali, asked experts in the field to develop new Islamic microfinance structures.

14.09.2015

Dubai Silicon Oasis Authority and Thomson Reuters Reveal Key Findings of Digital Islamic Economy Report 2015

Dubai Silicon Oasis Authority (DSOA) and Thomson Reuters, with support from the Dubai Islamic Economy Development Centre (DIEDC) released the 'Digital Islamic Economy Report' for 2015, in collaboration with DinarStandard.

President of the Islamic Development Bank was awarded the title of Honorary Professor of the Russian Islamic University

24.06.2015

The solemn ceremony of awarding the degree of to Dr. Ahmad Mohamed Ali Al Madani was held in the framework of the Strategic Forum of the VII International economic summit of Russia and the OIC - KazanSummit 2015.
President of the Islamic Development Bank was awarded the title of Honorary Professor of the Russian Islamic University
The rector of the Russian Islamic Institute (RII) Raffick Mukhametshin awarded the degree of honorary professor, a gown and a diploma to the President of the main financial organization of the Islamic world. The ceremony of awarding the honorary degree of professor symbolizes the special attitude of the Islamic Development Bank (IDB) to the Russian Islamic University, as to the main university of the Russian Federation, which trains specialists in the field of Islamic law, Islamic theology, and Islamic economics. RII teachers are regularly trained in the IDB and its structures.

Ahmad Mohamed Ali Al Madani arrived to Kazan to participate in the VII International Economic Summit Of Russia and OIC countries and became a guest of Honor of the annual KazanSummit. Head of the Islamic Bank delivered a speech at the Strategic Forum of the summit, met the President of the Republic of Tatarstan Rustam Minnikhanov and took part in the Business breakfast of KazanSummit 2015.

The delegation of the Islamic Development Bank headed by Mr. Al Madani, which came to the VII International economic summit of Russia and the OIC, included about 50 representatives of institutions that are part of the IDB. Particularly, Director Investment Department of IDB Mohamed Hedi Mejai, Advisor to the CEO in ICIEC Hussein Khalif Jama, executive director of THIQAH Ghassan Al-Baba, senior economist of the IDB Muhammed Zulkhibri and others.

The Islamic Development Bank has been an international partner of the annual KazanSummit. The Islamic Development Bank Group Business Forum (THIQAH), established by IDB, also has been supporting the event on the international level.

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Malaysia's fast-growing Islamic finance sector benefits not only the Muslim world but also non-Muslim countries, said former Prime Minister Tun Abdullah Ahmad Badawi.

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