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Islamic Development Bank Institute (IsDBI)

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    • Islamic Development Bank Institute Joins Partners to Explore Global Standards for Central Bank Digital Currency
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Source: Islamic Development Bank Institute (IsDBI) |

Islamic Development Bank Institute Joins Partners to Explore Global Standards for Central Bank Digital Currency

The conference was the first-of-its-kind gathering of international financial policymakers and provided a platform for the launch of new research on critical areas in the Central Bank Digital Currency (CBDC) field

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/) participated as a knowledge partner in a conference titled ‘“Exploring Central Bank Digital Currency: Pathways to Global Standards”’ held on 28-29 November 2023 in Virginia, United States. The conference was the first-of-its-kind gathering of international financial policymakers and provided a platform for the…

Islamic Development Bank Institute (IsDBI)

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    • Islamic Development Bank Institute (IsDBI) Issues French Edition of the Book on Islamic Development Bank’s Historical Evolution (FR)
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Islamic Development Bank Institute (IsDBI) Issues French Edition of the Book on Islamic Development Bank’s Historical Evolution

Over the four decades of its existence until Dr. Ahmad Mohammad Ali’s retirement in 2016, the Bank transformed into a world-class institution leading development projects in its 57 member countries and 78 non-member countries

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce the release of the French language edition of the book titled “The Islamic Development Bank and Dr. Ahmad Mohammad Ali: History of an Institution and Journey of a President”. Originally published in the Arabic language and later in the…

Islamic Development Bank Institute (IsDBI)
Source: Islamic Development Bank Institute (IsDBI) |

Islamic Development Bank Institute Joins Forces with Nigerian Exchange Limited to Boost Islamic Capital Markets in Nigeria

The workshop was held on 21 November 2023 and attracted 90 participants from across the Nigerian economic and financial sector

The Islamic Development Bank Institute (IsDB Institute) (https://IsDBInstitute.org) joined forces with the Nigerian Exchange Limited (NGX) to deliver an influential Islamic capital markets capacity-building workshop in Lagos, Nigeria. Organized under the theme “Economic Growth and Business Development Opportunities through the Islamic Capital Markets”, the workshop aimed to contribute to deepening…

Islamic Development Bank Institute (IsDBI)

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    • Islamic Development Bank Institute Delivers High-Level Islamic Finance Executive Program Sessions
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Islamic Development Bank Institute Delivers High-Level Islamic Finance Executive Program Sessions

During Day 2 of the program, the Institute hosted two technical sessions and one roundtable delivered by the senior leadership and professional staff of the IsDB Group, with 15 participants attending

The Islamic Development Bank Institute (IsDBI) (www.IsDBInstitute.org) successfully coordinated and delivered high-level knowledge-sharing sessions under the theme ‘Islamic finance and socioeconomic development’ on 14 November 2023. The sessions were part of the 6th edition of the Saudi-Spanish Center for Islamic Economics and Finance (SCIEF) Islamic Finance Executive Program. IsDBI collaborated…

Islamic Development Bank Institute (IsDBI)

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    • Islamic Development Bank Institute Hosts Lecture on Prize-Winning ‘Cash Waqf Linked Sukuk’ Developed by Indonesian Finance Ministry
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Islamic Development Bank Institute Hosts Lecture on Prize-Winning ‘Cash Waqf Linked Sukuk’ Developed by Indonesian Finance Ministry

It is the first large-scale program to finance social projects via non-profit instruments supervised by the government

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) hosted a lecture in which the representative of the Ministry of Finance of Indonesia, Dr. Muhammad Iqbal Balatif, highlighted the novel financing mechanism that won the 2023 IsDB Prize for Impactful Achievement in Islamic Economics. Dr. Balatif, Manager for Sukuk Transaction and Development,…

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    • Islamic Development Bank Institute’s Acting Director General Dr. Sami Al-Suwailem Highlights Prospects of Digital Transformation for Islamic Finance
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Source: Islamic Development Bank Institute (IsDBI) |

Islamic Development Bank Institute’s Acting Director General Dr. Sami Al-Suwailem Highlights Prospects of Digital Transformation for Islamic Finance

Dr. Al-Suwailem noted that digital transformation has a key role in improving the value and impact of Islamic finance, by helping to create the required environment of transparency and trust

The Acting Director General of the Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org), Dr. Sami Al-Suwailem, delivered a keynote speech on 26 October 2023 during a seminar on enhancing digitalization in Islamic financial institutions, held as part of the 10th Indonesia Sharia Economic Festival (ISEF), in Jakarta, Indonesia. The seminar was…

Islamic Development Bank Institute (IsDBI)
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Islamic Development Bank Institute (IsDBI) Meets Key Indonesian Institutions to Bolster Partnerships for Development

The meeting highlighted IsDBI’s Sukuk Development Program (SDP), which aims to enhance the role of sukuk in supporting development in IsDB Member Countries

A delegation from the Islamic Development Bank Institute (IsDBI) (www.IsDBInstitute.org) held separate meetings with four major public institutions in Indonesia to strengthen partnerships in various areas of mutual interest. The meetings with the Financial Services Authority (OJK), PT Sarana Multi Infrastructure, Bank Indonesia, and Nusantara Capital City Authority, were part…

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    • Islamic Development Bank Institute (IsDBI) and Indonesia’s Financial Services Authority (OJK) Explore Innovative Financial Instruments for a Sustainable Islamic Finance Ecosystem
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Islamic Development Bank Institute (IsDBI) and Indonesia’s Financial Services Authority (OJK) Explore Innovative Financial Instruments for a Sustainable Islamic Finance Ecosystem

The program focuses on three main components, namely Sukuk Enhancement Fund (SEF), Sovereign Finance Corporation (SFC), and Cash Waqf Linked Sukuk (CWLS)

Chairman of Indonesia’s Financial Services Authority (OJK), Mr. Mahendra Siregar, welcomed Dr. Sami Al-Suwailem, Acting Director General, of the Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/), at the OJK headquarters in Jakarta, Indonesia, for discussions focusing on the Islamic finance ecosystem. The meeting, held on 24 October 2023, highlighted IsDBI’s Sukuk…

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    • 18th Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)–the Islamic Development Bank Group (IsDB) Conference to Discuss Leveraging Islamic Finance for Economic Diversification (1)
    • 18th Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)–the Islamic Development Bank Group (IsDB) Conference to Discuss Leveraging Islamic Finance for Economic Diversification (2) (AR)
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Source: Islamic Development Bank Institute (IsDBI) |

18th Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)–the Islamic Development Bank Group (IsDB) Conference to Discuss Leveraging Islamic Finance for Economic Diversification

It will feature keynote addresses from dignitaries and policymakers, as well as seven panel sessions

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), together with the Islamic Development Bank Group (IsDB), represented by IsDB Institute (IsDBI) (https://IsDBInstitute.org/), is set to host the 18th edition of its annual Islamic banking and finance conference under the auspices of the Central Bank of Bahrain. The two-day…

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    • Islamic Development Bank Institute Kicks Off Development of a Smart Stabilization System Prototype
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Islamic Development Bank Institute Kicks Off Development of a Smart Stabilization System Prototype

The system is based on an algorithm to maintain the stability of assets traded on organized markets

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/) has kicked off building a prototype for its patent-pending Smart Stabilization System. The start of the prototype development came in the wake of a meeting on 16 October 2023 among the partners in the project. The system is based on an algorithm to…