Islamic Development Bank Institute (IsDBI) and IE University Join Forces to Develop Risk-Sharing Financial Solutions for Startups in Civil Law JurisdictionsThe Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) and IE University Spain, through the IE Foundation, and have launched a joint initiative to design contract models grounded in European legal frameworks and compatible with Islamic finance principles, with the objective of facilitating investment in startups. The project focuses on identifying and structuring financing instruments adapted to the needs of early-stage ventures operating in civil law systems. However, their application within civil law frameworks requires further legal development, particularly to ensure compatibility with Islamic finance principles. About the Islamic Development Bank Institute:The Islamic Development Bank Institute (IsDBI) is the knowledge beacon of the Islamic Development Bank Group. The Institute leads initiatives to enable Islamic finance ecosystems, ultimately helping Member Countries achieve their development objectives.

Source: The North Africa Journal January 22, 2026 14:32 UTC