Halal Tamweel provides extensive news and information coverage and Islamic Wealth Management consultancy to prospective and existing investors looking to manage wealth in a Shariah Compliant manner in Pakistan.
Wind Power Project: IDB extends $140 mln fund for Pakistan
1/11/2012 6:12:24 PM
Jeddah: The Islamic Development Bank (IDB) has extended a $140 million funding for a pioneer project to produce wind-powered electricity in the Sindh Province in Pakistan. This financing is part of the overall $321.8 million the Board of Executive Directors of the IDB approved at its 280th session for various development projects in member countries and for Muslim communities in non-member countries. The meeting that started on Sunday 8 January was chaired by IDB Group President, Dr. Ahmad Mohamed Ali.