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.


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NO Comment 20th December 2021

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