Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz has expressed his thanks and appreciation to the Islamic Development Bank (IDB) on receiving the third annual report of the IDB works and activities. This came in a reply cable addressed to Dr. Ahmed Mohammed Ali, the President of IDB. In his cable, the King said "We thank you for your good feelings about the Saudi government's support and care towards IDB. We affirm our determination to support joint Islamic action for the benefit of all Muslims. We ask Almighty Allah to grant success to all." The President of the Islamic Development Bank had expressed in his letter to the Custodian of the Two Holy Mosques, which was attached with a copy of the Bank's annual report for 1428 AH, the pride of the IDB for the continuing support and generous care the Bank gets from the Government of the Custodian of the Two Holy Mosques. In his Letter, the IDB President disclosed that the Bank's total lending until last year (the fiscal year of 1427 AH) amounted to $5.48 Billion, equivalent to approximately SR70.5 billion for the benefits of member states and non-Member States. This brings the cumulative total extended by the Bank until the end of 1428 AH, to approximately $61.7 billion equivalent to about SR229.5 billion for the benefits of (56) Member States, and for (72) Muslim communities in Non-member States.
