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The Islamic Bank seeks to innovate social causes

On December 10, the Islamic Development Bank Launched IsDB Innovate, a groundbreaking
initiative that seeks to connect entrepreneurs in the science, technology, and innovation sectors
with funders around the world.

IsDB Innovate is an initiative of 8 crowdfunding platforms — one global hub, and seven regional
platforms. This is the first time a global development organization has launched multiple
crowdfunding platforms in multiple jurisdictions.

The platform launched with 14 projects, which range from low-cost solution to reducing enteric
diseases in Bangladesh to the world’s smallest glucose monitor to help diabetics monitor their
blood sugar.

You can find all the platforms here:
– hub.isdb-innovate.org
– turkey.isdb-innovate.org
– morocco.isdb-innovate.org
– bangladesh.isdb-innovate.org
– senegal.isdb-innovate.org
– kazakhstan.isdb-innovate.org
– indonesia.isdb-innovate.org
– malaysia.isdb-innovate.org

The platforms are translated into:

– English, French, and Arabic (the official languages of IsDB)
– Turkish
– Bengali
– Malay
– Kazakh
– Indonesian

The first cohort of projects on the platform have already raised thousands of dollars from the
crowd and have ~3 months to complete their fundraising efforts. The platform was built with help from AlliedCrowds, a tech and data firm focused on alternative finance in emerging markets.

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Bhok Thompson
Author: Bhok Thompson

Bhok Thompson is an “eco-tinkerer” who thrives at the intersection of sustainability, business, and cutting-edge technology. With a background in mechanical engineering and a deep fascination with renewable energy, Bhok has dedicated his career to developing innovative solutions that bridge environmental consciousness with profitability. A frequent contributor to Green Prophet, Bhok writes about futuristic green tech, urban sustainability, and the latest trends in eco-friendly startups. His passion for engineering meets his love for business as he mentors young entrepreneurs looking to create scalable, impact-driven companies. Beyond his work, Bhok is an avid collector of vintage mechanical watches, believing they represent an era of precision and craftsmanship that modern technology often overlooks. Reach out: [email protected]

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About Bhok Thompson

Bhok Thompson is an “eco-tinkerer” who thrives at the intersection of sustainability, business, and cutting-edge technology. With a background in mechanical engineering and a deep fascination with renewable energy, Bhok has dedicated his career to developing innovative solutions that bridge environmental consciousness with profitability. A frequent contributor to Green Prophet, Bhok writes about futuristic green tech, urban sustainability, and the latest trends in eco-friendly startups. His passion for engineering meets his love for business as he mentors young entrepreneurs looking to create scalable, impact-driven companies. Beyond his work, Bhok is an avid collector of vintage mechanical watches, believing they represent an era of precision and craftsmanship that modern technology often overlooks. Reach out: [email protected]

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