Islamic Solidarity Fund for Development (ISFD)

    Islamic Solidarity Fund for Development (ISFD) Islamic Solidarity Fund for Development (ISFD)

    The Islamic Solidarity Fund for Development (ISFD) is the poverty alleviation arm of the Islamic Development Bank (IDB) Group. It was established in 1426H (2005G). ISFD fights poverty in member-countries through its flagship programmes and other modes of intervention.

    The principal objective of operations financed under the ISFD is to reduce poverty. Therefore, projects and programmes undertaken by the ISFD are low-cost, high-impact, innovative, result-oriented, and mainly community driven. ISFD interventions focus on the poorest of the poor, enabling them in the area of employment and income generating activities, breaking the circle of poverty in which they are trapped, and on sustaining the interventions in order to achieve long-term results.

    The ISFD is partnering with Millennium Promise (MP) and the Earth Institute at Columbia University to support the implementation of and provide technical advisory services for the Sustainable Villages Program (SVP) []. The SVP is a ISFD flagship program currently implemented in currently being implemented in the districts (raions) of Chui Oblast, Kirgizstan; Molumo Sede, Mozambique; Kulbus, Sudan; Banko Guinea and Salamat 2 Chad through concessional loans and grants.

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