Press Release


16 May 2017

IsDB Provides USD 250 million in Project Finance to Indonesian Transport Sector

Jeddah, 16 May 2017 – H.E. the Finance Minister of Indonesia, Dr. Sri Mulyani Indrawati and H.E the President of the Islamic Development Bank (IsDB) Group, Dr. Bandar Hajjar, signed the Financing Agreements for the Development of the Trans South South Java Road Project during the bilateral meeting between H.E. the Finance Minister of Indonesia


7 February 2017

IsDB Approves New USD 488 Million Financing Support for Indonesia to Develop Trans South-South Java Road and Islamic Higher Education Institutions

Jakarta, 7 February 2017, The IsDB Board of Executive Directors approved last Sunday in Jeddah a new USD 488 million financing support for two projects in Indonesia. The support includes USD 250 million for the development of Trans South-South Java Road Project and USD 238 million for the development of Six Islamic Higher Education Institutions.


16 January 2017

IDB and OJK Conduct a Seminar on “Transforming Indonesia into a Global Islamic Finance Hub”

The Islamic Development Bank Group CGO Indonesia, Islamic Research and Training Institute (IRTI), an entity of IDB Group, and Indonesia Financial Services Authority (OJK) co-hosted an Islamic Finance Seminar entitled “Transforming Indonesia into a Global Islamic Finance Hub” in Jakarta on Monday, 16 January 2017. The seminar aimed at discussing the opportunities and challenges to


12 January 2017

IsDB Group Provides Over US$ 1 Billion of Development Support for Indonesia in 2016

The Islamic Development Bank (IsDB) Group concluded its operations in Indonesia for 2016 with over US$ 1 billion financing support, covering government projects in urban development, energy and education to development of the private sectors. The Group also supported initiatives in Islamic Finance and South-South Cooperation through Reverse Linkages, which is a South-South cooperation mechanism


21 January 2016

IDB – Islamic Finance Workshop

In line with its strategic mandate to promote the Islamic Financial Industry, the Islamic Development Bank (IDB) Group – Country Gateway Office (CGO) Indonesia organized a workshop on Islamic Finance on 20 – 21 January 2016 in the Mandarin Oriental Hotel, Jakarta. The objective of the workshop was to introduce and sensitize the participants on


13 September 2015

Indonesian President Receives IDB Group Chairman

Jeddah, KSA, 13.09.2015 – The President of the Republic of Indonesia, HE. Joko Widodo, on a visit to the Kingdom of Saudi Arabia, received the Chairman of the Islamic Development Bank (IDB) Group, Dr. Ahmad Mohamed Ali, in Jeddah. During the meeting, the Indonesian President praised the fruitful and constructive cooperation between his country and


22 January 2015

International Islamic Trade Finance Corporation and Danamon Syariah Sign a US$ 200 Million Cooperation Agreement

MEDIA RELEASE International Islamic Trade Finance Corporation and Danamon Syariah Sign a US$ 200 Million Cooperation Agreement COMBINING STRENGTHS AND COOPERATION TO EXPLORE AND GROW INDONESIAN SHARIAH TRADE FINANCING Jakarta, 22 January 2015 – The International Islamic Trade Finance Corporation (ITFC), an international financial institution and member of the Islamic Development Bank (IDB) Group, has signed


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