Certainly, only a financial system with such noble values can keep at bay any economic adversity in a society, and is bound to create equal opportunities towards...


Sukuk Issuance

Understanding the project

Structuring the project
Pre-marketing feedback

Transaction legal documents and Fatwa


Salam  Sale commodity 

Like istisna, Salam is another sale structure where certain commodity is transacted before coming into existence. In Salam, seller undertakes to supply certain commodity in future...


About us

Our Mission

General Development Bank provides a unique combination of Sharia legal  and financial structuring and placement  services...


Islamic Finance 


The emergence of Sukuk has been one of the most significant developments in Islamic capital markets in recent years... 


Sharia Products

Sukuk Salam

The issuer of the certificates is a seller of the goods of Salam and the subscribers are the buyers of the goods...


Islamic Finance News

The value of assets in the Islamic finance sector is expected to increase by 80 percent over the next five years, reaching $3.24 trillion in value by 2020, according to initial findings garnered from the upcoming State of the Global Islamic Economy (SGIE) report. 

The report, which is commissioned and supported by Dubai Islamic Economy Development Centre in partnership with Thomson Reuters , and in collaboration with Dinar Standard, will be published ahead of the second Global Islamic Economy Summit (GIES), which is taking place in Dubai this October 2015.

Today, Islamic finance is used in 60 countries and is an ethical, stable and viable financial system that is growing faster than conventional finance. The biggest markets are in Southeast Asia and the Middle East.