Board of Governors

E277727

The Board of Governors is the highest decision-making body of the Islamic Development Bank, composed mainly of finance ministers and senior officials from member countries who set the institution’s overall policies and strategic direction.

All labels observed (1)

Label Occurrences
Board of Governors canonical 2

How this entity was disambiguated

Statements (43)

Predicate Object
instanceOf decision-making body
governing body
affiliatedWith Organisation of Islamic Cooperation
chairUsuallyIs finance minister of the host country of the annual meeting
composedOf representatives of member countries of the Islamic Development Bank
decisionMakingMethod voting system based on subscribed capital
delegatesAuthorityTo Board of Executive Directors of the Islamic Development Bank
governs Islamic Development Bank Group policies
overall operations of the Islamic Development Bank
hasAlternateMemberType one alternate governor from each member country
hasAuthorityOver Islamic Development Bank
surface form: Islamic Development Bank Group
hasChair Chairman of the Board of Governors of the Islamic Development Bank
hasFunction sets overall policies of the Islamic Development Bank
sets strategic direction of the Islamic Development Bank
hasKeyRole ensures that operations comply with Shariah-based development mandate
hasMemberType one governor from each member country
hasPower admits new member countries
appoints external auditors
approves audited financial statements
approves capital increases of the Islamic Development Bank
approves general policy guidelines
elects the President of the Islamic Development Bank
suspends member countries
hasResponsibility approves amendments to the Articles of Agreement of the Islamic Development Bank
approves distribution of net income of the Islamic Development Bank
reviews performance of the Islamic Development Bank Group
sets general conditions of membership in the Islamic Development Bank
languageOfWork Arabic
English
French
legalBasis Agreement on the Establishment of the Islamic Development Bank
surface form: Articles of Agreement of the Islamic Development Bank
meets annually
meetsAt annual meeting of the Islamic Development Bank Group
membershipRestrictedTo member states of the Islamic Development Bank
oversees compliance with the Articles of Agreement of the Islamic Development Bank
long-term strategic direction of the Islamic Development Bank
partOf Islamic Development Bank
religiousFramework Islamic finance principles
role highest decision-making body of the Islamic Development Bank
sector multilateral development finance
typeOfOrganization intergovernmental body
typicallyComposedOf finance ministers of member countries
senior government officials of member countries

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Islamic Development Bank hasMainOrgan Board of Governors
IsDB governingBody Board of Governors