| 28.06.2010 - IDB board decides to raise capital, reelects Mohamed Ali as president |
| From Arabnews.com: The subscribed capital of the Islamic Development Bank (IDB) has been increased from ID16 billion to ID18 billion. The decision was taken by the bank’s Board of Governors its 35th annual meeting which was held in Baku, Azerbaijan, June 23-24. The Islamic Dinar (ID) is a unit of account of IDB which is equivalent to one Special Drawing Right of the International Monetary Fund..............................................Full Article: Source |