Initiatives Details

In 2016 ADFD signed a founders’ agreement with Islamic Development Bank (IDB) to become a founding member at the Lives and Livelihoods Fund (LLF). LLF was initiated by a joint initiative between IDB in collaboration with the Islamic Solidarity Fund for Development (ISFD) and the Bill and Melinda Gates Foundation. In a welcomed venture, ADFD contributed an estimated AED184 million (US$50 million) to the partnership. LLF aims to raise a total of US$2.5 billion in concessionary loans to fight poverty in IDB’s member countries.​

  • 24Project

  • USD50 Million ADFD's contribution

  • USD 2.5 billion LLF's capital

  • 6 Members