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IsDB

IsDB Group Chairman Addresses 37th COMCEC Ministerial Session in Istanbul

President of the Islamic Development Bank and Chairman of the IsDB Group, H.E. Dr. Muhammad Al Jasser, says infrastructure and sustainable human development should be the focus of development priorities to secure well-being and resilience.

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Vakif

Vakif Katilim Bank

WRITTEN BY Ali Riza Kayar in association with Himmatilla Boriev

Success Story
IsDB

IsDB Signs USD 100 Million Financing with TurkEximbank to Help Alleviate Impacts of Covid19

A USD 100 million Murabaha financing agreement is signed between IsDB and Turk Eximbank to support Turkish exporters

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IsDB

IsDB Group Regional Hub Turkey Starts Proceedings for Implementation of Suburban Railway Project in Konya; A Fast-Growing Green Industrial City

The Islamic Development Bank, the main financier of the Konya-Ankara High Speed Train, is now joining hands with its major Turkish development partners, for financing Konya’s Suburban Railway Project which is to connect major suburban industrial zones to the city center.

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IsDB-financed

IsDB-financed Vakif Katilim Bank’s Asset Size Reaches 10 Percent of Islamic Banking Assets in Turkey

Three years after its establishment, Turkey’s Vakıf Katılım Bank is counted as one of the outstanding success stories of Islamic Development Bank (IsDB)’s investments in the country’s Islamic finance sector and Waqf asset management.

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IsDB

IsDB Group-funded EUR 158 Million Brand New Environment-friendly Hospital in Istanbul Opens Doors to COVID19 In-patients

As the COVID19 pandemic rages on across the world, the newly-constructed earthquake-proof Okmeydanı Training and Research Hospital in the metropolitan city of İstanbul commences its first admissions on March 31st, 2020, a very timely reaping of the fruits of forward thinking health sector policies by the Turkish Government plus a EUR 158 million investment from the Islamic Development Bank (IsDB) Group.

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