News 20 June 2026 New IOM and Islamic Development Bank Partnership Aims to Strengthen Recovery Efforts Worldwide

Baku, 20 June 2026 - The International Organization for Migration (IOM) and the Islamic Development Bank (IsDB) today signed a Memorandum of Understanding (MoU) to strengthen cooperation on humanitarian action, recovery and long-term resilience for migrants, displaced people and host communities across IsDB member countries.

At the signing ceremony, Mohammed Abdiker, IOM Chief of Staff, and Dr. Rami Ahmad, Vice President Operations at IsDB, highlighted the strong alignment between IOM's global mandate and IsDB's vision for sustainable and inclusive development.

"At a time when displacement, climate pressures and protracted crises are affecting millions of people worldwide, partnerships are more important than ever," said Mohammed Abdiker. "By bringing together IOM's operational expertise and IsDB's development financing capabilities, this agreement will help strengthen resilience, support recovery and create opportunities for migrants, displaced populations and the communities that host them."

Signed during the IsDB Group Annual Meetings in Baku, Azerbaijan, the agreement comes at a time when record levels of displacement, climate shocks and protracted crises are placing increasing pressure on communities around the world. The partnership aims to help bridge humanitarian and development efforts, supporting vulnerable populations while laying the foundations for longer-term recovery and stability.

The MoU establishes a comprehensive, non-binding framework for cooperation in humanitarian action, economic recovery, and sustainable development. It reflects the shared commitment of both institutions to promote safe, orderly migration while advancing inclusive growth and long-term stability.

Under the MoU, the two institutions will collaborate on joint programmes, policy dialogue, research, data sharing, capacity building, and technical cooperation. Planned activities include resilience-focused events, joint field missions, staff training initiatives, and the co-development of analytics and evidence-based approaches to strengthen programming and impact.

The agreement also opens new opportunities for innovative financing and joint resource mobilization, including the use of Islamic social finance instruments to support vulnerable populations, strengthen resilience and foster economic inclusion.

The collaboration will build on IsDB's Response, Recovery and Resilience (3R) Facility and IOM's experience in humanitarian response and migration governance, helping to strengthen more coordinated approaches.

Looking ahead, IsDB and IOM will develop a Joint Action Plan to translate the partnership into concrete initiatives for 2026-2027 and beyond, with a focus on delivering measurable results and lasting impact.

The MoU underscores the growing importance of strategic partnerships in addressing complex global challenges, bringing together humanitarian expertise and development financing to help communities recover, build resilience and create more inclusive and sustainable futures.

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