Islamic Development Bank calls on member countries to nurture business leaders with ethical principles

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RIYADH, April 28 — The Islamic Development Bank (IsDB) has called on its 57 member countries to nurture a generation of entrepreneurial leaders who can help propel the world...

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In his remarks, IsDB president Muhammad Al-Jasser highlighted the impact of entrepreneurship on both individual and global economies, citing examples of enterprises that have created immense value for people worldwide, such as Alibaba, Alphabet, Amazon, Apple, Microsoft, Nvidia and Tesla. To this, he suggested that initiatives such as microfinancing, tailored to comply with Islamic financial principles, could be pivotal in this respect.

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