IslamicFinance.de

The annual meeting of the Islamic Development Bank began in the Mozambique capital of Maputo on Sunday that would consider a report on the Medium-Term Sukuk Program for which the bank had already allocated $10 billion. The meeting will also consider the progress made so far in the implementation of its member country partnership strategic program; 20 member countries have so far signed up with the bank. In line with the four day official event, various activities will be organized on Thursday, one of which is a private sector forum where Islamic Corporation for Insurance of Investments and Export Credits will present the importance of export credit and investment insurance in Africa.