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Who We Are
The Islamic Solidarity Fund for Development (ISFD) is a special fund at the Islamic Development Bank (IsDB) Group. The Fund is dedicated to promoting socio-economic development and reducing poverty in the member countries of the Organization of Islamic Cooperation. With a clear mission to lead innovative poverty reduction programs, ISFD focuses on developing partnerships that address the most pressing development challenges in IsDB member countries.
What We Do
ISFD is committed to addressing socio-economic challenges and improving the lives of people in our member countries. We target interventions with proven impact to eradicate poverty. We empower women and youth to drive economic growth, invest in human development to unlock individual potential, and support building resilient communities through access to education, healthcare, and clean energy.
- Programs
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Contributors
ISFD collaborates with member countries of the Organization of Islamic Cooperation (OIC) who contribute significantly to our capital. Through this strong sense of solidarity, we work together to fulfil the ISFD’s mission of alleviating poverty by empowering communities and promoting sustainable socio-economic development across the OIC least developed member countries.
- Participating Member Countries
- Contributors and Partners
News & Events
Stay connected with the Islamic Solidarity Fund for Development. Learn about the impact we are making and the positive changes we are bringing to the lives of individuals and communities across IsDB Member Countries.
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Kingdom of Saudi Arabia

Country Overview

The Kingdom of Saudi Arabia, encompassing approximately 2,250,000 km² in Western Asia, is the largest Arab state by land area and the second-largest in the Arab world after Algeria. Established in 1932 as a constitutional monarchy, Saudi Arabia boasts a population of 31.4 million, with expatriates comprising 33%. According to the 2016 IMF data, the country enjoys a per capita income of US$55,125 (PPP). Notably, Saudi Arabia holds the world's largest oil reserves concentrated in the Eastern Province, accompanied by the world's sixth-largest natural gas resources.

Current Projects

The Islamic Solidarity Fund for Development (ISFD) has played a role in the Jubail Refinery and Petrochemical Project. The ISFD's contribution to this project underscores the Fund’s strong partnership with Saudi Arabia to strengthen the country’s position as a global leader in the energy sector.

20,000,000 Total ISFD Contributions

Energy

20,000,000

Jubail Refinery and Petrochemical Project