world_organizations medium True/False

The OIC's Islamic Solidarity Fund for Development (ISFD) provides concessional financing and technical assistance to low-income member countries and Muslim communities for poverty alleviation, infrastructure, and human development projects aligned with Islamic principles of social justice.

  1. True
  2. False

Answer: True

ISFD prioritizes least developed countries, post-conflict states, and vulnerable groups. Its projects—such as rural electrification, vocational training, and microfinance—embody Islamic values of zakat, sadaqah, and solidarity, promoting inclusive growth and reducing inequalities within and among OIC members.

Topic Organisation of Islamic Cooperation
Exam Relevance UPSC, SSC
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