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theIslamic Corporation

theIslamic Corporation latest

Thomson Reuters and ICD announce the joint development of the Islamic Finance Development Indicator. Ahmad Mohamed Ali, president of the IDB Group, center, looks on.
May 23rd, 2013 - 05:00 GMT

Development Bank increases capital three folds to $150 billion

The Islamic Development Bank Group has decided to increase its authorized capital from $ 45 billion (30 billion Islamic dinars) to $ 150 billion (100 billion dinars) on the recommendation of the two extraordinary Islamic summits held in Makkah.
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