IslamicFinance.de

Islamic Development Bank has selected the following four nongovernmental organisations to implement the $130 million (more than Tk 900 crore) Fael Khair programme for victims of Cyclone Sidr: Islami Bank Foundation, Muslim Aid, Voluntary Organisation for Social Development (VOSD) and BRAC.
IDB President Ahmad Mohamed Ali stated that the aim is the construction of several hundred school-cum-cyclone shelters in the coastal belt and provision of urgent relief in the form of agro inputs to the victims.