June 8, 2015

IDB prepares Islamic vision for the year 2018-19

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Monday 08 Jun 2015 - 12:21 Makkah mean time-21-8-1436

Jeddah, (IINA) - The Islamic Development Bank Group (IDB) is seeking to become an effective tool in the development of the Muslim world, and to compete the International financial institutions operating in the field of development.
In order to achieve this target, the Group has prepared an Islamic vision for the year (2018-2019) for the development of 56 member states of the Bank, and the Islamic communities in non-member states.
The vision, which is first of its kind in the history of the bank and the modern Muslim world, is focusing on the religion as a compass that determines the direction of the member states of the Bank and the Islamic communities also for the whole world to stand again on the reality of the real message of Islam.
The document highlights a huge number of the challenges related to the attainment of healthy human development, sustainable economic growth, and promote peace and stability, inside the Islamic world and beyond, and to strengthen the sense of one identity and one common destiny.
Also identifies a number of ways and means to achieve social good governance, economic and social development in member states.
According to the Bank website, the head of the committee for preparing vision report Dr Mahathir Muhammad noted that this document is the fruitful of collective thinking in the Muslim world, as it offered a clear view doable, draw at the same time a strategic direction for the Bank Group.
The Islamic Development Bank (IDB), which was founded in 1973, is an international financial institution designed to support the economic development and social progress of the peoples of member states and Muslim communities in non-member countries in accordance with the principles of Islamic law.
SM/IINA

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