The OIC's Islamic Development Bank (IsDB) focuses on financing socio-economic development projects in member countries and Muslim communities, emphasizing which of the following principles?
- Interest-based lending
- Sharia-compliant finance
- Cryptocurrency transactions
- Sovereign debt restructuring
Answer: Sharia-compliant finance
IsDB operates on Islamic finance principles: profit-and-loss sharing, asset-backed financing, and prohibition of interest (riba). It provides development financing through instruments like Murabaha, Ijara, and Sukuk, promoting inclusive growth in member countries and Muslim minorities globally.