08.01.2013 - IDB increases capital to promote Islamic micro-financing and mutual insurance
At its regular session the Board of Executive Directors of the Islamic Development Bank resolved to submit a memorandum on the fifth general increase in the Bank’s authorized and subscribed capital to the annual meeting of the IDB Board of Governors scheduled to take place in Dushanbe, Tajikistan, during 21-22 May 2013. The Bank reports that an increase in the IDB capital aims to enable to bring comprehensive development in member countries and Muslim communities in non-member countries...............................................Full Article: Source
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