Jeddah, 22332-2444,
Saudi Arabia
Islamic Development Bank Technographics
Islamic Development Bank Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Islamic Development Bank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 932 Islamic Development Bank employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Islamic Development Bank has purchased the following applications: SettleMint Blockchain Platform for Blockchain Platform in 2020, Cisco Webex Meetings for Audio Video and Web Conferencing in 2020, DocuSign eSignature for Digital Signing in 2021 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Islamic Development Bank is running and its propensity to invest more and deepen its relationship with SettleMint , Cisco Systems , Google or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Islamic Development Bank revenues, which have grown to $506.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Islamic Development Bank intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Islamic Development Bank Tech Stack and Enterprise Applications
Islamic Development Bank Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| SettleMint | Legacy | SettleMint Blockchain Platform | Blockchain Platform | Blockchain | n/a | 2020 | 2020 |
In 2020 Islamic Development Bank implemented SettleMint Blockchain Platform to build Sharia compliant subsidy distribution across its 57 member countries and reach an estimated 1.7 billion beneficiaries. The implementation uses the SettleMint Blockchain Platform in the Blockchain Platform category and was initiated by the Islamic Development Bank Institute in collaboration with SettleMint to explore blockchain enabled financial inclusion and development use cases.
The deployment focused on tokenization of fiat currency and peer to peer distribution workflows, with the SettleMint Blockchain Platform providing token issuance, digital wallet management, and automated contractual execution capabilities consistent with Sharia compliant finance. The project automated the entire contractual process for Islamic institutions using programmable smart contract logic, removing administrative redundancies associated with Sharia compliance and enforcing spend controls by subsidy purpose.
Operational coverage prioritized subsidy distribution and aid delivery functions across the bank group, with explicit governance controls that allow full transparency and control of spend at any time. SettleMint partnered with Ateon, a Riyadh based solution provider and systems integrator in the Fintech space, to support regional implementation and operational integration into IsDB processes and administrative workflows.
The implementation restructured subsidy workflows and legal administration by embedding automated contractual workflows and real time spend controls, resulting in full transparency and eliminated administrative complexity as reported by the parties. The Islamic Development Bank SettleMint Blockchain Platform Blockchain Platform relationship centers on delivering Sharia compliant subsidy distribution, tokenization, and programmable control over aid disbursement.
|
Islamic Development Bank Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Cisco Systems | Legacy | Cisco Webex Meetings | Audio Video and Web Conferencing | Collaboration | n/a | 2020 | 2020 |
|
|
|
|
|
Collaboration | Collaboration |
|
2020 | 2020 |
|
|
|
|
|
Collaboration | Collaboration |
|
2018 | 2018 |
|
|
|
|
|
Collaboration | Collaboration |
|
2019 | 2019 |
|
Islamic Development Bank Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| DocuSign | Legacy | DocuSign eSignature | Digital Signing | Content Management | n/a | 2021 | 2021 |
|
Islamic Development Bank CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Tag Management | CRM |
|
2022 | 2022 |
|
Islamic Development Bank ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
IT Service Management | ITSM |
|
2021 | 2021 |
|
Islamic Development Bank IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2015 | 2015 |
|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2019 | 2019 |
|
|
|
|
|
Content Delivery Network | IaaS |
|
2023 | 2023 |
|
IT Decision Makers and Key Stakeholders at Islamic Development Bank
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Islamic Development Bank Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| 2026-01-21 | Islamic Development Bank | Evaluated | ContractPod Technologies | ContractPodAI | Contract Lifecycle Management | Content Management |
| 2025-08-28 | Islamic Development Bank | Evaluated | Moodys Analytics | Moodys CreditLens | Risk Management | TRM |