Islamic Development Bank (IsDB)
Unverified XFID Unique Identifier for Islamic Development Bank (IsDB):
XOGNH7CVNM 3 Second Party Opinions
1 Framework
Documents (4)
| XFID | Type | Title | Year | Source | Retrieved |
|---|---|---|---|---|---|
| XF-5Q14BGY-L | Framework | IsDB Sustainable Finance Framework Nov 2019 | 2019 | www.isdb.org | 31 Mar 2026 |
| XF-P5W536O-J | Second Party Opinion | Second Party Opinion: Islamic Development Bank Sustainable Finance Framework | 2025 | www.spglobal.com | 25 Feb 2026 |
| XF-AT0B2QP-T | Second Party Opinion | Islamic Development Bank (IsDB) (Methodology of Shades of Green, formerly part of CICERO) | 2020 | www.spglobal.com | 25 Feb 2026 |
| XF-RZ3WWT8-4 | Second Party Opinion | Islamic Development Bank (IsDB) (Methodology of Shades of Green, formerly part of CICERO) | 2019 | www.spglobal.com | 25 Feb 2026 |
Press Coverage (2)
News and trade press mentioning this issuer, tracked in the registry.
XF Company Profile
Extra-financial information found across 4 documents in the XframeworkID registry
NACE U Extraterritorial Organisations
Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.
Issuer Identity & Structure
- Issuer name and country/jurisdiction
- Islamic Development Bank, Saudi Arabia SPO 2025 2025
- Issuer sector/industry classification
- Financial services; Extraterritorial Organisations SPO 2025 2025
- Issuer type
- Multilateral development financing institution FRAMEWORK 2019 2019
- Issuer founding year
- 1973 FRAMEWORK 2019 2019
- Core business activities and geographic focus
- Promoting social and economic development in Muslim countries and communities worldwide; multilateral development financing with 57-member states FRAMEWORK 2019 2019
- Issuer organizational structure
- Multilateral development bank with developing countries as sole membership and shareholder base (south-south bank) FRAMEWORK 2019 2019
Corporate Strategy & Mission
- Corporate mission and sustainability strategy
- To improve lives by promoting social and economic development; committed to UN SDGs; boost sustainability commitment through sustainable financing; deliver environmentally sustainable growth in socially responsible and transparent manner FRAMEWORK 2019 2019
- Sustainability strategy pillars and focus areas
- Climate Change, Food Security, Global Value Chains, Health, Humanitarian Relief, Infrastructure, Poverty Alleviation, Quality Education for All, Science/Technology/Innovation, Sustainable Cities, Water & Sanitation, Women & Youth Empowerment FRAMEWORK 2019 2019
- Corporate purpose statement relating to sustainability
- IsDB Group is committed to UN SDGs; dedicated to solving development challenges of member countries FRAMEWORK 2019 2019
Green / Sustainable Finance Framework
- Sustainable bond framework name and version
- Islamic Development Bank Sustainable Finance Framework, November 2019 FRAMEWORK 2019 2019
- Bond types covered under framework
- Green Sukuk, Social Sukuk, Sustainability Sukuk SPO 2019 2019
- Framework publication date and update history
- November 2019 FRAMEWORK 2019 2019
- Eligible use-of-proceeds categories
- Broadly defined project categories covering climate change, infrastructure, essential services, housing, socioeconomic disparities mitigation; some projects can address environmental and climate impacts SPO 2025 2025
- Exclusion criteria for ineligible projects or sectors
- Direct investments in fossil fuel extraction, production and transport; new and existing fossil fuel power plants SPO 2019 2019
- Reporting commitments under framework
- Annual impact reporting; project allocation reporting; impact metrics reporting aligned with ICMA Handbook recommendations SPO 2020 2020
Standards & Regulatory Alignment
- Alignment with ICMA Green Bond Principles
- Aligned SPO 2025 2025
- Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines
- Aligned with Social Bond Principles (ICMA, 2025) and Sustainability Bond Guidelines (ICMA, 2021) SPO 2025 2025
- Alignment with UN Sustainable Development Goals
- Aligned; IsDB committed to prioritizing UN SDGs in accordance with specific development needs of member countries FRAMEWORK 2019 2019
External Review & Verification
- Second Party Opinion (SPO) provider name and assessment date
- S&P Global Ratings, July 30, 2025 SPO 2025 2025
- SPO preliminary evaluation or credibility rating
- No weaknesses to report; strengths noted in eligible projects addressing range of social and environmental issues SPO 2025 2025
- Assurance provider name and engagement period
- CICERO Green, 2020 SPO 2020 2020
- Assurance scope
- Project allocation against framework criteria; impact metrics for relevance and transparency SPO 2020 2020
- External framework assessment rating
- No discrepancies found; impact indicators relevant; reporting aligned with ICMA Handbook SPO 2020 2020
Changes Over Time
Items where disclosed information changed across documents.
Issuer name
Corporate purpose statement relating to sustainability
Bond types covered under framework
Alignment with UN Sustainable Development Goals
Sustainable bond framework name
Refinanced vs. newly financed project distinction
Eligible use-of-proceeds categories
Alignment with ICMA Green Bond Principles