President of the Turkic Investment Fund Met with Senior Official of the Islamic Development Bank

On 16 October 2025, on the sidelines of the IMF-WBG Annual Meetings, H.E. Baghdad Amreyev, President of the Turkic Investment Fund (TIF), received the Treasurer of the Islamic Development Bank (IsDB) Mr. Mohamed Sharaf at the building of the Embassy of Kazakhstan in Washington D.C.

The President of TIF was joined by Mrs. Betül Sarıkaya, Chief Financial Officer of TIF and Mr. M. Esat Mert, Director for International Relations and Capital Mobilization of the Fund.

During the meeting the discussions focused on strengthening cooperation between the two institutions across multiple areas of mutual interest.

H.E. Amreyev stressed that TIF’s mission is to serve as a catalyst for trade, investment, and economic cooperation among the Turkic states, while ensuring deeper participation in the global economy. At the outset, the Fund will direct its resources to cross-border projects that improve connectivity and accelerate regional integration.

IsDB Treasurer has expressed the readiness of the Bank to share its project pipeline in areas relevant to the mandate and priorities of TIF, thereby opening new avenues for collaboration. IsDB also showed its willingness to fin-depth exchanges on its operational practices, including treasury management, banking operations, and resource mobilization frameworks.

Parties agreed to explore opportunities to expand relations in investment operations, co-financing, and private sector development. The discussions also highlighted the importance of knowledge exchange on liquidity operations and investor relations, where the experiences of IsDB can serve as a valuable reference for TIF as it advances its activities.

The meeting underscored the shared commitment of TIF and IsDB to deepen institutional cooperation and promote economic development through joint initiatives, leveraging complementary strengths to achieve sustainable impact in member states.