Directory of Economic, Commodity and Development Organizations - table of contents

Islamic Research and Training Institute (IRTI)



HEADQUARTERS



Islamic Development Bank Headquarters                   Telephone:   [966](2)636-1400
P.O. Box 9201                                           Facsimile:   [91](2)636-8927
Jeddah 21413                                            Internet:    www.irti.org
Saudi Arabia                                            

          Director:              ...         M'abed Ali Al-Jarhi





LANGUAGE:  Arabic


ESTABLISHMENT AND FUNCTIONS



The Resolution (BG/14-99) for the creation of the Islamic Research and Training Institute (IRTI) was adopted at the Third Annual Meeting of the Islamic Development Bank (IsDB) Board of Governors held on March 14, 1979 and the statute issued by the Executive Directors on April 27, 1981.  The Institute became operational in 1983, its purpose being to undertake research for enabling the economic, financial and banking activities in Muslim countries to conform to Shari'ah and to extend training facilities to personnel engaged in economic development in IsDB member countries.

The functions of IRTI are:


    

  • To organize and coordinate basic and applied research with a view to developing models and methods for the application of Shari'ah in the field of economics, finance and banking;

  • To provide for the training and development of professional personnel in Islamic economics to meet the needs of research and Sharia'ah-observing agencies;

  • To train personnel engaged in development activities in the IsDB member countries;

  • To establish an information center to collect, systemize and disseminate information in fields related to its activities; and

  • To undertake any other activities which may advance its purpose.



STRUCTURE


The President of the IsDB is also the President of the Institute.  The IsDB's Board of Executive Directors acts as its supreme policy-making body.

The Institute is headed by a Director responsible for its overall management and is selected by the IsDB President in consultation with the Board of Executive Directors.  The Institute consists of three technical divisions (Research, Training and Information) and one unit of Administrative Services.

Updated:  December 2003




Directory of Economic, Commodity and Development Organizations - table of contents