Islamic Development Bank

Islamic Microfinance Challenge 2013

Islamic Microfinance Challenge Seeks Innovative Approaches to Reaching Unbanked Muslims WASHINGTON, 25 November 2013 – CGAP (Consultative Group to Assist the Poor), the Islamic Development Bank, Al Baraka Banking Group, and Triple Jump today announced the launch of the second Islamic Microfinance Challenge, a global contest that invites applications from […]

Muslims: Obama re-election good for global peace

P.K. ABDUL GHAFOUR ARABNEWS JEDDAH: Muslim community leaders were unanimous in their opinion: Barack Obama’s re-election as president of the United States would promote global peace and strengthen America’s relations with the Islamic world. Leaders and participants at the Islamic Development Bank community development workshop shared their thoughts about the […]

Kuwait- Islamic microfinance curbs poverty

(MENAFN – Kuwait News Agency (KUNA)) Islamic Microfinance is a viable means to curb poverty, a specialized report by Kuwait Finance House (KFH) said Wednesday Addressing poverty continues to be one of the greatest challenges faced by governments around the world today. In Islam, a person is considered poor if […]