IsDB Group, Gulf International Bank Discuss Expanding Strategic Partnership in Islamic Finance, Development
Islamic Development Bank (IsDB) Group Chairman Dr. Muhammad Al Jasser met in Bangkok with Chairman of Gulf International Bank (GIB) Saudi Arabia and GIB Capital Eng. Abdullah bin Mohammed Al-Zamil and GIB Group Chief Executive Officer Abdulaziz Al-Helaissi.
The meeting focused on expanding cooperation in sukuk investments and Islamic capital markets, strengthening Sharia-compliant liquidity and hedging solutions, and exploring co-financing and sustainable financing opportunities in IsDB member countries. Discussions also covered expanding the bank's investor base, enhancing secondary market liquidity, and strengthening treasury cooperation.
The meeting highlighted opportunities for closer coordination between GIB's financial expertise and the IsDB Group's development capabilities to strengthen Islamic capital markets, mobilize private capital, and expand financing for sustainable development in member countries.
