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DFI

DFI Transparency Index 2025

IsDB

Score:
19.0
Position:
10 / 10 (Sovereign)

Overview

The Islamic Development Bank (IsDB) is a multilateral development finance institution that is focused on Islamic finance for infrastructure development. IsDB was established in 1975. Major shareholders of IsDB are Saudi Arabia (26.57%), Algeria (10.66%) and Iran (9.32%). IsDB became a member of the International Aid Transparency Initiative (IATI) in 2024.

Analysis

IsDB ranked last out of the sovereign institutions with a score of 19 out of 100. Between 2023 and 2025, it saw an increase of 12 points, despite maintaining its position as last. Due to its project database ‘undergoing scheduled maintenance’ during the whole assessment period, IsDB did not score for any project-level indicators. It saw some improvements in its organisational-level Impact Management indicators and scored on the new climate finance methodology indicator.

In the Core Information component, IsDB came last with a score of 0.75 out of 30, maintaining the same position as in 2023. It only scored points for its annual report.

IsDB ranked second-to-last in Impact Management, scoring 10 out of 25. This marks an improvement of one position compared to its last place ranking in 2023. While in 2023 it failed on all indicators, new disclosures on which impact standards it aligns to, approach to impact attribution, country and sector strategies and an evaluation policy caused it to gain 10 points in this component.

IsDB came second-to-last in the ESG and Accountability to Communities component, maintaining the same rank as in 2023 and scoring 6.5 out of 30. It scored 50 per cent for the E&S global disclosure policy and E&S community disclosure policy indicators, and 100 per cent for the project-level grievance mechanism community disclosure policy. IsDB does not have an independent accountability mechanism (IAM), therefore did not score for any of the indicators relevant to that.

IsDB came joint last in the Financial Information component, scoring 1.75 out of 10 and maintaining the same position as in 2023. It only scored for the financial reports/statements indicator and the new climate finance methodology indicator.

Core Information 0.75 / 30
Impact Management 10 / 30
ESG & Accountability to Communities 6.5 / 30
Financial Information 1.75 / 10

Recommendations

  • IsDB should make its project database available and disclose all activities in a timely manner.
  • It should make an access to information policy clearly available and tailor it to industry best practices and adhering to the attributes outlined in Publish What You Fund’s DFI Transparency Tool.
  • IsDB should disclose its impact measurement approach and disclose the evaluations it conducts.
  • It should create an independent accountability mechanism (IAM) and have a policy guiding disclosure of its presence to communities.
  • It should develop an early disclosure policy covering, at a minimum, high-risk projects and disclose investments in line with the policy.
  • IsDB should adopt a free, prior, and informed consent (FPIC) policy.
Core Information 0.75 / 30
Impact Management 10 / 30
ESG & Accountability to Communities 6.5 / 30
Financial Information 1.75 / 10

Deep Dive

Core Information

0.75 / 30
About component

The basic information that describes a DFI’s organisational policies and investments. This type of information is typically found in key organisation documents and represents the first tier of project information, typically disclosed on project web pages or in files available for bulk download. At the organisation level this includes access to information policies and annual reports. At the project level, this includes project titles, locations, and key dates.

Does the development finance institution (DFI) have a disclosure or access to information policy?0 / 0.75
Does the policy include a presumption of disclosure?0 / 0.75
Does the policy have limitations of commercially sensitive information and sensitive internal deliberations information?0 / 0.75
Does the policy have an independent appeals process?0 / 0.75
Does the DFI's portal allow free, bulk export of data?0 / 0.67
Does it contain detailed disaggregated data?0 / 0.67
Is the data published under an open licence?0 / 0.67
Does the DFI disclose an annual report?0.75 / 1
Does the DFI disclose a project title?0 / 0.75
Does the DFI disclose a unique identifier for the project?0 / 0.75
Does the DFI disclose the current status of the activity?0 / 1.5
Does the DFI disclose a description of the activity?0 / 0.75
Does the DFI disclose the objectives, rationales, and expected outcomes of the activity?0 / 0.75
Does the DFI disclose the country the activity takes place in?0 / 0.75
Does the DFI disclose the sub-national location the activity takes place in?0 / 0.75
Does the DFI disclose the activity as sovereign or non-sovereign? Or; Does the DFI disclose the activity as public sector or private sector?0 / 1.5
Does the DFI disclose the sector of the activity?0 / 0.75
Does the DFI disclose the sub-sector of the activity?0 / 0.75
Does the DFI disclose the investment instrument of an activity?0 / 1.5
Does the DFI disclose the total investment cost?0 / 0.5
Does the DFI disclose the DFI commitment for the investment?0 / 0.5
Does the DFI disclose the disbursement for the investment?0 / 0.5
Does the DFI disclose the source of funding for the investment?0 / 1.5
Does the DFI disclose the name of the client?0 / 1.5
Does the DFI disclose a relevant DFI contact?0 / 0.75
Does the DFI disclose a relevant client contact?0 / 0.75
Does the DFI disclose the environmental and social (E&S) risk category of the activity?0 / 1.5
Does the DFI disclose the date of activity disclosure?0 / 0.38
Does the DFI disclose the approval date of the activity?0 / 0.38
Does the DFI disclose the signature date of the activity?0 / 0.38
Does the DFI disclose the last update date of the project data?0 / 0.38
Does the DFI disclose the investment contract for the activity?0 / 4.5

Impact Management

10 / 30
About component

The ways in which a DFI predicts, measures, and evaluates the impacts of their investments. At the organisation level, this includes an impact measurement approach. At the project level, this includes activity indicators/metrics and results.

Does the DFI publish a methodology explaining its approach to impact measurement?0 / 2
Does the DFI indicate which standards/initiatives it is aligned to?2 / 2
Does the DFI explain its approach to determining impact attribution?2 / 2
Does the DFI publish sector or (multi-)country strategies?4 / 4
Does the DFI have a policy on the evaluation of investments?2 / 2
Does the DFI disclose the evaluations that it conducts?0 / 2
Does the DFI disclose results indicators for the activity?0 / 4
Does the DFI disclose metrics, definitions and/or methodologies for the indicators?0 / 4
Does the DFI disclose baseline data for identified indicators?0 / 2.67
Does the DFI disclose a target value for the indicators?0 / 2.67
Does the DFI disclose an actual/current value for the indicators?0 / 2.67

ESG & Accountability to Communities

6.5 / 30
About component

The ways in which a DFI predicts, mitigates, and communicates the ESG aspects of their activities. At the organisation level this includes E&S global disclosure policy and E&S community disclosure policy. At the project level this includes E&S plans and assessments, and assurance of community disclosure.

Does the DFI have a policy on early disclosure of investments?0 / 0.83
Does the DFI clearly articulate what E&S documentation will be disclosed for medium and high-risk projects?0 / 0.83
Does the DFI disclose the E&S policies/standards it applies (e.g. IFC Performance Standards or in-house policies) for its investments?0.83 / 0.83
Does the DFI have a policy that specifies when a document should be translated and in which language?0 / 0.83
Does the DFI disclose an explanation of project risk categorisation?0.83 / 0.83
Does the DFI disclose a list of investment exemptions?0.83 / 0.83
Does the DFI have a community disclosure policy?1 / 1
Does the policy require early disclosure to project-affected people?1 / 1
Does the DFI clearly articulate what E&S documentation will be disclosed to project-affected people for investments?0 / 1
Does the DFI have a free, prior, and informed consent (FPIC) policy?0 / 1
Does the DFI disclose the availability of the Independent Accountability Mechanism (IAM) on its website?0 / 1
Does the DFI IAM have a publicly available registry that publishes results, responses, or findings?0 / 1
Does the DFI require clients to disclose the availability of the IAM to project-affected people where appropriate? Or; Does the DFI state that it will disclose the availability of IAM to project-affected people?0 / 2
Does the DFI require clients to disclose the availability of the project-level grievance mechanism (PGM) to project-affected people where appropriate? Or; Does the DFI state that it will disclose the availability of the PGM to project-affected people?2 / 2
Does the DFI disclose a summary of E&S risks for an activity?0 / 1
Are E&S standards triggered by the project identified?0 / 1
Does the DFI disclose the minimum E&S documentation for the risk categorisation?0 / 1.33
Does the DFI disclose what E&S documentation was produced for the activity?0 / 1.33
Does the DFI disclose all identified E&S documents that were produced for the activity?0 / 1.33
Does the DFI state if disclosure of the activity to projected-affected people was required?0 / 1
If yes, then: Does the DFI state the date of community E&S disclosure?0 / 1
Does the DFI state the place of community E&S disclosure?0 / 1
Does the DFI state the method of community disclosure?0 / 1
Does the DFI state what documentation was disclosed?0 / 1
Does the DFI identify the language of disclosure to project-affected people?0 / 1
Does the DFI state if the presence of a project grievance mechanism was disclosed and the method it was disclosed?0 / 1
Does the DFI state if the presence of an independent accountability mechanism was disclosed and the method it was disclosed?0 / 1
Does the DFI disclose the presence of the IAM on the DFI project page?0 / 1

Financial Information

1.75 / 10
About component

This information provides details on the financial performance of DFIs and the structuring of investments. At the organisation level, this includes audited financial reports. At the project level, this includes currency of investment, mobilisation, and concessionality

Does the DFI disclose audited financial reports/statements?0.75 / 1
Does the DFI publish a methodology explaining its approach to calculating climate finance?1 / 1
Does the DFI disclose the currency that the investment is made in?0 / 1
Does the DFI disclose whether investment has co-financers or guarantors?0 / 0.33
If there are co-financers, does the DFI disclose the identity of the co-financers?0 / 0.33
And, does the DFI disclose the amount of financing provided by each co-financer?0 / 0.33
Does the DFI disclose detailed pricing information about the investment, including interest rate and loan tenor?0 / 2
Does the DFI disclose whether an investment includes climate finance?0 / 0.67
If the investment includes climate finance: Does the DFI disclose whether it is mitigation and/or adaptation climate finance?0 / 0.67
Does the DFI disclose the amount of climate finance for the investment?0 / 0.67
Does the DFI disclose the amount of mitigation and/or adaptation finance for the investment?0 / 0.67
Does the DFI disclose a rationale for why climate finance has been counted?0 / 0.67
Does the DFI disclose a budget breakdown for climate finance? (sovereign only)0 / 0.67