![The Kingdom Tower, operated by Kingdom Holding Co., stands alongside palm tress in Riyadh, Saudi Arabia, on Saturday, Nov. 26, 2016. Saudi Arabia and the emirate of Abu Dhabi plan to more than double their production of petrochemicals to cash in on growing demand. Photographer: Simon Dawson/Bloomberg](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/TMJKKLD26YOD7TUADBAOS7ON3Q.jpg?smart=true&auth=8f8ae4b4057e0e2d5bd8b0e25ba8f061f13aa636183c0ac0a0dd07df03d8b164&width=400&height=225)
Saudi Arabia is the biggest shareholder in the Islamic Development Bank, which has 57 shareholding member states. Bloomberg
Saudi Arabia is the biggest shareholder in the Islamic Development Bank, which has 57 shareholding member states. Bloomberg
Islamic Development Bank to raise $500m via debut green sukuk
President Bandar Hajjar predicts five-fold increase in Islamic bond market by 2030
Jack Dutton
12 November, 2019