GMS 695 Lecture Notes - Lecture 4: Gulf Cooperation Council, Root Mean Square, Arab Gas Pipeline
8 Dec 2015
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Document Summary
About: multilateral development financing institution with 54 shareholding member states located in. Pay its contribution to the capital of the bank. Willing to accept terms and conditions of idb board of governors. Idb purpose is to advance economic development and social progress of member countries and. Muslim communities in accordance with principles of shariah. To participate in equity capital and grant loans for projects and enterprises. Providing financial assistance to member countries for economic and social development. Bank fosters economic and social philanthropy of member countries and muslim communities in accordance with the principles of islamic jurisprudence of shariah. Idb is charged with the responsibility of assisting the promotion of foreign trade especially in capital goods. Mission where the firm wants to be. To be the leader in fostering socio-economic development in member countries and muslim communities in non-member countries in conformity with shariah.
