IDB Hands over 11 Schools-Cum-Cyclone Shelters in Bangladesh

IDB Hands over 11 Schools-Cum-Cyclone Shelters in Bangladesh

li IDB Hands over 11 Schools-Cum-Cyclone Shelters in Bangladesh Jeddah, 9 August 2016 / 6 Thu Al Qi'da 1437 H: Dr. Mohammad Hassan Salem, Islamic Development Bank (IDB) represented handed over ...

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IDB Hands over 34 Schools-Cum-Cyclone Shelters in Bangladesh

IDB Hands over 34 Schools-Cum-Cyclone Shelters in Bangladesh

Part of the Fael Khair Program to aid SIDR Cyclone victims IDB Hands over 34 Schools-Cum-Cyclone Shelters in Bangladesh Jeddah, 9 June 2016 / 4 Ramadan 1437 ...

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11000 people take refuge of cyclone Roanu inside Fael Khair shelters

11000 people take refuge of cyclone Roanu inside Fael Khair shelters

Cyclone Roanu hit the southern coastline of Bangladesh Saturday 21-5-2016 afternoon. The speed of the wind reached about 88 km/ph. Which took out the trees ...

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Prince Badr bin Abdullah and Prince Turki bin Abdullah deliveres the second batch of Schools-Cum-Cyclone Shelters

Prince Badr bin Abdullah and Prince Turki bin Abdullah deliveres the second batch of Schools-Cum-Cyclone Shelters

Bangladesh, 18 January 2016 :  In special ceremony that took place in Amtali city in southern Bangladesh, Prince Badr bin Abdullah, a board member of the King ...

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Lubna Akhter became solvent by doing business

Lubna Akhter became solvent by doing business

Lubna Akhter is one of the successful members of IDB-IBF Fael Khair Ago Inputs Program. She is a member of Amtoli unit of Barguna district ...

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Monwara Begum finds the light of success by Sugarcane Cultivation

Monwara Begum finds the light of success by Sugarcane Cultivation

Monwara Begum wife of Kanchan Mollik, inhabitant of Andarmanik village of Mathbaria upazila of Pirojpur district, became solvent by cultivating sugarcane. Cyclone Sidr took away ...

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The Fael Khair Program in Bangladesh

In favor of a place devastated by natural disasters, one donor has made a generous donation of US$ 130 million to relieve Cyclone victims and to protect locals from similar calamities in the future. The program has been called Fael Khair (Arabic words that mean “philanthropist,” in reference to the anonymous philanthropist who has funded the program) and is now being implemented by the Islamic Development Bank. The Fael Khair Program consists of two main components:

  1. The Fael Khair Project for the Construction of School-cum-Cyclone Shelters (dual-purpose buildings that are to be used as school buildings in normal times and as shelters in case of calamities);
  2. The Fael Khair Program for Rehabilitation of Cyclone Victims, which aims to restore livelihoods of Cyclone victims (principally by providing them with interest-free microloans).

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