The Islamic Development Bank ("IsDB") raised US$ 1.5 billion with its first-ever Sustainability Sukuk to tackle the aftermath of the COVID-19 pandemic in its Member Countries.
At the invitation of H.E. Dr. Bandar Hajjar, the Heads of Arab Coordination Group institutions met to discuss a coordinated initiative to address and mitigate the impact of COVID-19, and issued this joint statement
At the invitation of H.E. Dr. Bandar Hajjar, President of the Islamic Development Bank (IsDB), the Heads of Arab Coordination Group institutions met virtually on 18 May 2020 (25 Ramadan 1441H) to discuss a coordinated initiative to address and mitigate the negative impacts of the novel Coronavirus pandemic on member countries.
IsDB President Dr. Bandar Hajjar continued, for the 6th week in a row, his meetings with Governors for Member Countries (MCs) to discuss the Bank’s financial assistance to support their efforts to fight COVID19.