Tag: Islamic Development Bank

UNICEF and the Islamic Development Bank launch first global Muslim philanthropy fund for children

Stuart Mitchell

UNICEF and the Islamic Development Bank (IsDB) have launched an innovative fund that will open new opportunities for Muslim philanthropy to reach the millions of children currently in need of humanitarian support and help achieve the Sustainable Development Goals (SDGs).   The Global Muslim Philanthropy Fund for Children (GMPFC) is the first fund focused on Muslim giving to be launched by a United Nations organization together with a Multilateral Development Bank (MDB). The fund will enable multiple forms of Muslim philanthropy, including obligatory giving such as Zakat and voluntary giving…

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Islamic Development Bank and UNICEF to establish a Global Muslim Philanthropy Fund for Children

Stuart Mitchell

The Islamic Development Bank (IsDB) and UNICEF have signed a communique to announce their intent to develop a Global Muslim Philanthropy Fund for Children. Discussed on the margins of IsDB’s 44th Annual Meeting of Board of Governors, the fund would aim to mobilise Islamic giving, including philanthropic and Zakat resources, towards humanitarian and resilience development programmes that ensure the well-being of children in IsDB member countries IsDB and UNICEF are now developing the fund, alongside key partners and potential supporters, in anticipation of a formal launch during the United Nations…

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