Islamic Solidarity Fund for Development (ISFD)

Overview

The ISFD is the poverty alleviation arm of the Islamic Development Bank Group. It was established by a decision of the 3rd Extra-Ordinary Summit of the OIC heads of State and Government, that was held in Mecca in 2005. It was officially launched in 2007 and began operations in 2008. ISFD fights poverty by improving and enhancing the income of the poor and promoting human development. Since it was established, the Fund has launched three flagship Programmes: the Vocational Literacy Program (VOLIP), the Microfinance Support Programme (MFSP), and the Sustainable Villages Programme (SVP), Renewable Energy for Poverty Eradication (REPOR) and Save the Mothers Programme.

Category:
Corporate Funder
Sectors of Interest:
Education, Health, Economic Growth, Women Rights and Empowerment, Youth Empowerment, Environment and Energy, Urban & Rural Development, Water and Wastewater, Humanitarian aid
Subsectors of Interest:
Basic Education, Basic life skills for youth and adults, Business and investment support, Delivery of emergency goods , Economic empowerment , Employment and jobs creation, Girls Education, HIV prevention and support, Infectious disease control, Literacy and Adult Education, Master planning of villages and cities, Maternal-child health, Medical services, Nutrition, People living with HIV, Prevention of non-communicable diseases, Relief assistance and services, Renewable energy and green technology, Slums areas up-grading, Social and Economic Empowerment, Social empowerment , Support Out-of-School Children, Vocational Education, Water Sanitation Hygiene and Health, Women equity and equality
Country of Coverage:
Algeria, Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Palestine, Qatar, Saudi Arabia, Sudan, Syria, Tunisia, Turkey, United Arab Emirates, Yemen
Headquarters:
Saudi Arabia