IsDB Group Business Forum

What IsDB Group Business Forum does

THIQAH is the Islamic Development Bank Group Business Forum, a multilateral business platform operated by the IsDB Group to connect private-sector entrepreneurs, investors, and investment promotion agencies across the institution's 56-57 member countries. The platform was established to reinforce partnerships between the IDB Group and business leaders in member countries' private sectors, offering priority access to IDB Group financial and technical resources, including those of its core entities (IDB, ICD, ITFC, ICIEC, ISFD).

The core product is the THIQAH Electronic Portal, a web-based platform providing access to investment opportunities, trade opportunities, an events multimedia library, an e-newsletter publication service, and mobile applications. The platform integrates content feeds from partner institutions including the World Bank, IFC, MIGA, IMF, UNCTAD, FAO, and IFAD. Members can submit business opportunities requesting project finance, export credit, trade finance, advisory services, or investment insurance through Shariah-compliant Islamic finance modes (Murabaha, Ijarah, Salam, Modarabah). Supporting the digital platform, the Jeddah head office provides physical meeting rooms, video conferencing, teleconferencing, temporary executive offices, and secure wireless internet for in-person and overseas member engagement.

THIQAH's business model rests on membership subscriptions (with an initial membership fee for the first year) and a vertical segmentation approach targeting entrepreneurs and business leaders in member countries, private-sector sponsors of compatible development projects, and strategic partners. Distribution combines self-serve digital channels (web portal, social media, e-newsletter) with direct enterprise engagement through the Jeddah office. Ownership is fully within the Islamic Development Bank Group, an international financial institution, positioning THIQAH as a private-sector development initiative rather than a venture-backed or publicly traded entity.

Name

IsDB Group Business Forum

Legal name

Islamic Development Bank Group Business Forum - THIQAH

Website

https://idbgbf.org

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

501–1,000 employees

Short description

THIQAH is the Islamic Development Bank Group Business Forum, a multilateral platform connecting private-sector entrepreneurs with investment, trade, and advisory opportunities across IsDB's 56-57 member countries via an electronic portal and Jeddah head office.

Ownership category

akta.pro rank

Product category

Development Finance Services

NAICS

Business Associations (813910), Professional Organizations (81392), Convention and Trade Show Organizers (561920), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Islamic Corporate Banking (FSABAGAC)

akta.pro secondary industries

Islamic Transaction Banking (Cash Management & Treasury Services) (FSABAGAF), Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH), Islamic SME & Commercial Banking (FSABAGAB)

Keywords

• Business networking services
• Investment facilitation
• Development finance advisory
• Trade opportunity platform
• Private sector engagement

Headquarters

HQ city

Jeddah

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Membership Services: The organization provides services to THIQAH members including access to investment opportunities, technical and financial advisory, priority access to IsDB Group support, and participation in investment alliances. Membership requires payment of initial membership fee.
2. Business Opportunity Submissions: Platform for submitting business opportunities requesting project finance, export credit, trade finance, advisory services, or investment insurance through various Islamic finance modes including Murabaha, Ijarah, Salam, and Modarabah.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

THIQAH is a membership-based business platform operated by the Islamic Development Bank Group that connects private sector entrepreneurs and business leaders across 56 member countries with investment opportunities, trade opportunities, technical and financial advisory services, and priority access to IsDB Group financing entities. It provides an electronic portal for opportunity listings, partner matching, publications access, and event registration, alongside a Jeddah head office equipped with audio-visual meeting facilities for cross-border engagement with member country counterparts.

Product overview

THIQAH is the Islamic Development Bank Group Business Forum - a platform connecting business leaders with investment and development opportunities across IsDB's 56 member countries. The platform consists of the THIQAH Electronic Portal as its core web platform, supplemented by services for investment opportunities, trade opportunities, events library with multimedia content, e-newsletter publications, mobile apps, and member services including technical/financial advisory. The Head Office in Jeddah provides physical meeting facilities with advanced audio-visual communication systems for holding meetings and events with overseas counterparts.

Differentiator

Problem solved

Functional benefit

Products and services

• THIQAH Electronic Portal Web-based portal providing members and visitors access to investment opportunities, trade opportunities, publications, events library, and IsDB Group member country services.
• Investment Opportunities Service Listing and showcasing service for investment projects across member countries, allowing entrepreneurs to present and discover investment opportunities in real estate, mining, oil and gas, agro-processing, breeding, wood processing, energy, agribusiness, and infrastructure.
• Trade Opportunities Service Service for displaying and discovering trade opportunities available in IsDB member countries.
• THIQAH Member Services Comprehensive membership-based services including technical and financial project advice, priority access to IsDB Group support, participation in investment alliances, and partner matching across the 56 member countries. Requires payment of an initial membership fee for the first year.
• THIQAH Head Office Facilities Physical and virtual meeting facilities in Jeddah including meeting rooms with online reservation, video conferencing, teleconferencing, wireless internet, and temporary executive offices for members conducting overseas meetings and events with counterparts in member countries.
• Events Library Multimedia library containing photos, videos, audio recordings, and event materials from THIQAH conferences and investment forums.
• e-Newsletter Subscription Electronic newsletter providing regular publications and updates about THIQAH's services, activities, and investment events.
• THIQAH Mobile Applications Mobile application offerings enabling access to THIQAH services on mobile devices.

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Ten partnerships are on record, tiered major, moderate and core.

• World Bank GroupmajorStrategic or Co-development PartnerLinked partner organization providing data and publications including Investing Across Borders reports and Doing Business data through the THIQAH portal.
• World Bank Group (IFC)majorStrategic or Co-development PartnerInternational Finance Corporation partnership for investment and business development resources.
• MIGAmajorStrategic or Co-development PartnerMultilateral Investment Guarantee Agency partnership for investment insurance resources.
• IMFmajorStrategic or Co-development PartnerInternational Monetary Fund partnership for economic policy resources.
• UNCTADmajorStrategic or Co-development PartnerUnited Nations Conference on Trade and Development providing investment guides for member countries.
• FAOmoderateStrategic or Co-development PartnerFood and Agriculture Organization partnership for agricultural development resources.
• IFADmoderateStrategic or Co-development PartnerInternational Fund for Agricultural Development partnership for rural development resources.
• IDB Group Entities (ICD, ITFC, ICIEC, ISFD)coreStrategic or Co-development PartnerCore IDB Group entities providing integrated services including private sector development (ICD), trade finance (ITFC), investment insurance (ICIEC), and development fund (ISFD). THIQAH members get priority access to these services.
• UNHCRmoderateStrategic or Co-development PartnerPartnership with UNHCR and IsDB's Islamic Solidarity Fund for Development to launch Global Islamic Fund for Refugees.
• ElmangosmoderateGTM or Marketing PartnerTHIQAH partnered with Elmangos to host the Third Global Islamic Fintech Summit in Istanbul.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• International Finance Corporation (IFC): The World Bank Group's private-sector development arm, explicitly named as a strategic partner of THIQAH. Both institutions focus on mobilizing private capital into emerging markets through advisory, financing, and investment insurance — making IFC the most directly comparable peer in mandate, member base, and product mix.
• Islamic Chamber of Commerce, Industry & Agriculture (ICCIA): OIC-affiliated institution dedicated to promoting trade, commerce, and industry among Muslim countries. Operates a similar member-country business matching and trade-promotion mandate that parallels THIQAH's private-sector business forum role.
• Multilateral Investment Guarantee Agency (MIGA): World Bank Group entity that provides political risk insurance and credit enhancement to investors in developing countries. MIGA is listed as a THIQAH strategic partner and is functionally analogous to ICIEC within the IsDB Group ecosystem, making it a strong mandate peer.

Regional players

• Trade and Development Bank (TDB): Multilateral development bank serving COMESA member states with trade finance, project finance, and advisory services. Overlaps with several African member countries of THIQAH and provides comparable trade and project facilitation to private-sector clients.

Broad incumbents

• CDC Group (British International Investment): UK development finance institution investing in private businesses across Africa and South Asia. Overlaps with THIQAH's emerging-market focus and provides investment plus advisory support to private-sector participants in developing economies.
• African Development Bank (AfDB) Private Sector Window: Continental multilateral institution investing in Africa's private sector through project finance, advisory, and guarantees. Overlaps substantially with THIQAH's African member-country footprint and shares the same project-facilitation and investment-promotion logic.
• OPEC Fund for International Development: Multilateral development institution providing concessional financing for development projects across member and non-member developing countries. Comparable to the IsDB Group in serving a defined multilateral membership base and channeling project finance to emerging markets.
• European Bank for Reconstruction and Development (EBRD) Private Sector Window: Multilateral development bank investing in private enterprises across Eastern Europe, Central Asia, and the Southern and Eastern Mediterranean — overlapping with several IsDB member countries. EBRD operates a comparable private-sector engagement and project facilitation model.
• Asian Development Bank (ADB) Private Sector Operations: Multilateral lender with significant private-sector windows serving Asia-Pacific, overlapping with THIQAH's Asia and Middle East geographies. ADB combines sovereign lending with private-sector mobilization in a structure similar to IsDB Group's blended model.

Others

• World Trade Organization (WTO) Business Forums: Multilateral trade facilitation platform that convenes business and government stakeholders for trade and investment dialogue. While not a financing institution, its trade-promotion and member-engagement role is thematically adjacent to THIQAH's business forum mandate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/IsDBGTHIQAH
• YouTubeyoutube.com/user/IDBGTHIQAH
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/islamic-development-bank-group-business-forum-thiqah

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IsDB Group Business Forum