Protected IsDB DISBURSEMENT HANDBOOK 2025 IsDB DISBURSEMENT HANDBOOK 2025 Table of Contents ABBREVIATIONS iii FOREWORD v INTRODUCTION 2 1.1 1.2 1.3 1.4 1.5 1.6 2 2 3 4 5 5 Purpose Applicability Key Project Dates Electronic Access Outreach Inquiries THE IsDB GROUP 8 2.1 2.2 2.3 8 9 9 Overview Decentralization Islamic Modes of Finance DISBURSEMENT POLICIES 12 3.1 3.2 3.3 3.4 3.5 3.6 3.7 12 12 14 14 14 14 15 Basic Principles General Conditions Financing Agreement Effectiveness Cost Eligibility Advance Contracting and Retroactive Financing Procurement of Goods, Works and Services DISBURSEMENT MODALITIES 18 4.1 4.2 4.3 4.4 4.5 18 18 19 20 24 Modes of Disbursement Direct Payment Reimbursement Reimbursement Guarantee / Special Commitment Special Accounts DISBURSEMENT PROCEDURES 30 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.9 5.10 5.11 5.12 5.13 5.14 30 30 33 34 34 34 35 35 36 36 36 37 38 39 Disbursement Letter Withdrawal of Funds Eligible and Ineligible Expenses Components and Expenditure Categories Reallocation of Proceeds Contract Management Disbursement Currency & Exchange Rate Minimum Disbursement Amount Bank References Refunds Cancellation of Undisbursed Balances Project Closure Steps to Avoid Disbursement Delays Disbursement for Special Situations PROJECT FINANCIAL MANAGEMENT 44 6.1 6.2 6.3 6.4 6.5 6.6 6.7 Background and Introduction Financial Management Capacity Capacity Assessment Project Preparation Project Implementation Audit Reports Project Documents 44 45 45 46 46 47 49 GLOSSARY OF ESSENTIAL TERMS 52 ANNEXES 59 Annex 4.1: Withdrawal Application Form Annex 4.1-A: Summary Statement / Statement of Expenditures Forms Annex 4.1-B: Expenditure Forecast (SoFE) Form Annex 4.2: Direct Payment Checklist Annex 4.3: Reimbursement Checklist 60 64 66 68 69 Page i IsDB DISBURSEMENT HANDBOOK 2025 Annex 4.4-A: Reimbursement Guarantee Commitment Application Annex 4.4-B: Reimbursement Guarantee – Swift-based Sample Annex 4.4-C: Amendment Reque

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Saudi Arabia

IDB announces winners of the Award for Best Application of Agent-Based Simulation in Islamic Finance

Jeddah, KSA, 12 January 2016 – The Islamic Development Bank (IDB), has released the names of the winners of the Award for Best Application of Agent-Based Simulation (ABS) in Islamic Finance. ... The second prize is awarded to Safae Badraoui, Khalid Bensaid, and Ahmed Mouad El Haloui for their team project The impact of qualitative characteristics on market equilibrium: Application to Shariaa compliance simulation with agent-based modeling.

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Saudi Arabia

IDB Announces Award for Best Application of Agent-based Simulation (ABS) in Islamic Finance

Jeddah, KSA, 03.02.2015 - The Islamic Development Bank (IDB), SABIC Chair of Islamic Financial Markets Studies, and Islamic Financial Engineering Lab at Mohamed V University, Morocco, have joined hands to present the first Award for Best Application of Agent-based Simulation (ABS) in Islamic Finance.

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Saudi Arabia

IsDB Institute’s Webinar Explores Applicability of Self-Sustaining Financial Inclusion Initiatives

Allen an opportunity to provide further details on the applicability of the VSLA Model, followed by the closing remarks from Mr.

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Saudi Arabia

Annual Evaluation Report 2021

ANNUAL EVALUATION REPORT 2021 OPERATIONS EVALUATION DEPARTMENT 3 IsDB Annual Evaluation- Report 2021 TABLE OF CONTENTS List of Figures 4 List of Acronyms and Abbreviations 5 Acknowledgments 7 Foreword 8 Executive Summary 10 Chapter I: Introduction About OED 2021 Evaluation Highlights 18 20 21 Chapter II: Performance Assessment Overview Overall Performance Assessment Criteria-Based Analysis 28 30 32 33 Chapter III: Featured Topic: Real Time Evaluation Context: The Advent of COVID-19 The Strategic Preparedness and Response Program The Evaluation 38 40 41 42 Chapter IV: Lessons Learned 48 4 Chapter V: Evaluation Recommendations Recommendations from Project Evaluations Recommendations from Corporate Evaluations Follow up on the Previous Year’s Recommendations 58 61 66 67 Chapter VI: Future Outlook Expectations and Challenges Evaluation Outlook: Focused Stakeholder Engagement, Data analytics and Digitization Risks 68 70 71 ANNEX-I: 72 ANNEX-II: List of project evaluations under 2021 AWP 92 ANNEX-III: Experiences and lessons from Other Multilateral development banks 94 71 LIST OF FIGURES Figure 1: Figure 2: Figure 3: Figure 4: Figure 5: Figure 6: Figure 7: Figure 8: Figure 9: Figure 10: Figure 11: Figure 12: Figure 13: Evaluations by Sector, Mode and Country Overall Performance Trend in Yearly Average Score Relevance Score Trend in Yearly Average Relevance Score Effectiveness Score Trend in Yearly Average Effectiveness Score Eciency Score Trend in Yearly Average Eciency Score Sustainability Score Trend in Yearly Average Sustainability Score Evaluation Criteria for RTE RTE Evaluation Methodology 11 12 12 13 13 14 14 15 15 16 16 19 20 IsDB Annual Evaluation- Report 2021 LIST OF ACRONYMS AND ABBREVIATIONS AER Annual Evaluation Report AfDB African Development Bank APIF Awqaf Properties Investment Fund AsDB Asian Development Bank AWP Annual Work Program BED Board of Executive Directors DAC DCC Development Assistance

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6th IsDB Group Evaluation Symposium

Our ability to embrace learning at every opportunity ensures we stay agile, resilient, and forward-thinking in an ever-changing world.”

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Saudi Arabia

Leveraging Evaluation for Strategic Decision-Making: Highlights from the 6th IsDB Group Evaluation Symposium

Our ability to embrace learning at every opportunity ensures we stay agile, resilient, and forward-thinking in an ever-changing world.”

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Saudi Arabia

BCC2025-045 - Comprehensive Report/Study on the Corporate Governance of the IsDB

Closed Expression of Interest Saudi Arabia 2 September 2025

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Saudi Arabia

L'ATTRIBUTION DES MARCHÉS - • Lot-5: Fourniture, installation, formation et mise en service d'équipements d'informatique, de reprographie, de bureautique, d’audiovisuel, de matériel

Fermé Contract Award Guinea 31 August 2025

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Saudi Arabia

L'ATTRIBUTION DES MARCHÉS - • Lot-4: Fourniture, installation, formation et mise en service d'équipements d’énergie solaire pour 8 Centres de Santé Urbains (CSU), 17 Centres de Santé Ruraux et 5 Centres de Santé Améliorés (CSA)

Fermé Contract Award Guinea 31 August 2025

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Saudi Arabia

L'ATTRIBUTION DES MARCHÉS - • Lot-1: Fourniture, installation, formation et mise en service d'équipements médicotechniques pour huit (8) centres de Santé urbains (CSU), Dix-sept (17) centres de Santé ruraux (CSR) et l’Hôpital régional (HR) Matoto Enta

Fermé Contract Award Guinea 31 August 2025

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Saudi Arabia

Séletction de consultant pour les services financiers de l'audit externe du projet pour les exercices 2023,2024,2025,20256 - Attribution du contrat

Fermé Contract Award Mauritania 29 August 2025

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Saudi Arabia

Projet de Developpement des Infrastructures Agricoles et de Desenclavement dans la Basse et Moyenne Vallee de L’oueme - AVIS GENERAL DE PASSATION

Fermé General Procurement Notice Benin 28 August 2025

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Saudi Arabia

Sélection d'un cabinet pour la réalisation des études de faisabilité du numérique dans la mise en place de trois laboratoires de standard international à l’université de Lomé et de Kara et à l’école normale supérieure d’Atakpamé

Fermé Expression of Interest Togo 25 August 2025

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Saudi Arabia

Civil Works for the upgrading of Kumi-Ngora-Serere-Kagwara Road (95km) including the Construction of selected town and access roads (13km) to paved bituminous standard

Closed Pre-Qualification Uganda 25 August 2025

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Saudi Arabia

BCC2025-048 - Consultancy Service for the Evaluation of Health Sector Interventions by the Islamic Development Bank (IsDB)

Closed Expression of Interest Saudi Arabia 24 August 2025

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