Private company

Islamic Development Bank

Logo: https://www.isdb.org/themes/custom/goodcaesar/img/isdb-logo-desktop.svg, Non-free logo, via Wikipedia4

Multilateral development financing institution located in Jeddah, Saudi Arabia

The Islamic Development Bank (IsDB; Arabic: البنك الإسلامي للتنمية) is a multilateral development finance institution that is focused on Islamic finance for infrastructure development and located in Jeddah, Saudi Arabia. There are 57 shareholding member states with the largest single shareholder being Saudi Arabia.2 It employed 932 people.1 It is part of Organisation of Islamic Cooperation.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1973Founded1
  • Industryfinancial services1
  • HeadquartersJeddah1
  • Websitewww.isdb.org
  • Legal formBank3
  • LEI254900TNNQC073KOJ5543
  • StatusActive3
  • LEI statusIssued and current3
  • Registered address8111 King Khalid St., 22332 Jeddah, Saudi Arabia3

The Islamic Development Bank (IsDB; Arabic: البنك الإسلامي للتنمية) is a multilateral development finance institution that is focused on Islamic finance for infrastructure development and located in Jeddah, Saudi Arabia. There are 57 shareholding member states with the largest single shareholder being Saudi Arabia.2

Corporate structure

Islamic Development Bank sits at the top of its group. 3 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Islamic Development Bank Jeddah, Saudi Arabia
    • Cham Bank Stake · 9% · Damascus
    • Adahi Subsidiary · Saudi Arabia

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Islamic Development Bank reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

It was founded in 1973 by the Finance Ministers at the first Organisation of the Islamic Conference (now called the Organisation of Islamic Cooperation) with the support of the King of Saudi Arabia at the time (Faisal), and began its activities on 3 April 1975.Ahmed Mohammed Ali Al-Madani was installed as the inaugural president and served until 2015.

On 22 May 2013, IsDB tripled its authorized capital to $150 billion to better serve Muslims in member and non-member countries. The Bank has received credit ratings of AAA from Standard & Poor's, Moody's, and Fitch. Saudi Arabia holds about one quarter of the bank's paid up capital. The IDB is an observer at the United Nations General Assembly.

From Wikipedia’s article on Islamic Development Bank, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Parent company

  • Organisation of Islamic Cooperation

Subsidiaries

  • Adahi

Also owns

From Wikidata.1

Timeline

  1. 1973Founded Founded1