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Islamic Finance Briefing - Categorized | Capital Market (Equity, Mutual Funds), Investment more

Iran among main IDB stockholders

Posted on 15 September 2011

Representative of the Islamic Development Bank (IDB) said Iran is the third largest IDB shareholder and one of the bank’s five main decision-makers. “Iran holds a 28-percent share and is one of the largest capital holders in Islamic Development Bank,” IDB representative Ali Fallahi told Fars News Agency on Tuesday.
“Iran joined the IDB on March 12, 1989 and is currently one of the eight members with assets of $1.5billion,” he added……………………………………….Full Article: Source

 
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