The Islamic Development Bank (IDB) is a multilateral financial institution established in 1975 to foster economic development and social progress in member countries. Headquartered in Jeddah, Saudi Arabia, the IDB operates in accordance with Islamic principles, providing financial and technical assistance for projects that promote sustainable development, poverty alleviation, and infrastructure improvement across its member countries. The bank emphasizes collaboration, partnership, and innovation to address the diverse economic and social needs of the Islamic world.