ISLAMIC

DEVELOPMENT
BANK
The Islamic Development Bank (IDB) was
established as an international development
finance institution in December 1973 and
commenced business activities in October 1975.
The main purpose of IDB is to foster the economic
development and social progress of its 56 member
countries, which includes three ASEAN member
countries (Brunei Darrusalam, Indonesia and
Malaysia) with a regional office located in Kuala
Lumpur, Malaysia.
The Bank supports infrastructure
development through Sharia-complaint
loans, grants and equity participation.
 IDB Infrastructure Fund (IIF) provides equity
and equity-related investments in
infrastructure projects and industries and
promotes the use of Islamic finance in these
projects.
Group Members:
Bastatas, Rhea
Habierto, Anton
Navarro, Jkoer Henne Kyle
Sarenas, Daisy Jane