The prizes will be presented at the IsDB Group Annual Meetings, scheduled for 19-22 May 2025, in Algiers, Algeria
JEDDAH, Kingdom of Saudi Arabia, May 13, 2025/APO Group/ --
The Islamic Development Bank (IsDB) has announced the winners of the 2025 IsDB Prize for Impactful Achievement in Islamic Economics, honoring two pioneering projects for their creative and impactful contributions to economic development inspired by the principles of Islamic economics.
Medikids secured first place for its innovative waqf initiative, addressing waqf management challenges in Indonesia. The initiative leverages dental clinics for children and families to generate sustainable funding. Established in 2018, Medikids achieved financial stability within three years and launched a scholarship program for healthcare professionals in its second year. A portion of its net profit waqf is dedicated to enhancing waqf assets and various social welfare initiatives.
The selection committee has decided to withhold the second-place award.
The third-place prize was awarded to the Blue Filter initiative, which created a prototype to purify water by removing harmful pollutants like nitrates, chloride, and heavy metals. This technology combines natural filtration techniques with advanced automation and control systems, resulting in a solution that is both sustainable and highly effective. It also features real-time monitoring and loss management systems to ensure optimal performance and minimize water waste.
The prizes will be presented at the IsDB Group Annual Meetings, scheduled for 19-22 May 2025, in Algiers, Algeria.
IsDB Group Chairman HE Dr. Muhammad Al Jasser congratulated the winners, praised their contributions to Islamic economics, and wished them continued success. “The IsDB Prize serves as a key driver of strategic significance, promoting the transformation of knowledge and principles of Islamic economics into actionable initiatives and innovative projects aimed at fostering comprehensive economic development,” stated Dr. Al Jasser.
The winners were chosen by the IsDB Prize Selection Committee, which comprises eminent experts and scholars, coordinated by the IsDB Institute.
Excerpts from the IsDB Prize Selection Committee Citations:
Medikids Clinic
- It serves the important role of civil society waqf in supporting the mission of a combined health sector and education sector, serving the underprivileged component of society.
- The waqf-based model is considered sustainable due to its appropriate earning incentive framework, which is in harmony with the principles of Islamic economics.
Blue Filter
- It provides a potential solution for IsDB member countries while aligning with the strategic goals of the IsDB, especially concerning food and water security.
- The model emphasizing blue and bio elements has rendered it more appealing than alternative solutions that are generally contaminated with chemicals.
Established in 1988 as the ‘IsDB Prize in Islamic Economics, Banking, and Finance,’ the prize expanded in 2020 to recognize achievements in two categories, offered alternately: (i) Development Achievement and (ii) Knowledge Contribution. The 1446H (2025) Prize cycle focuses on Development Achievement, highlighting successful projects addressing development challenges in IsDB member countries and Muslim communities worldwide.
Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).
KUDOS to Sheffield City Council,
As a Somalilander living in a very far away land from UK, I salute you a million times for your courageous move on deciding to debate a motion calling on the British government to recognise Somaliland as an independent State and on top of that, to encourage other governments around the world to do the same. That is leadership at it's BEST.
I believe I can FLY, I believe I can touch the SKY, I believe in SOMALILAND.
I lough saw hard that u hergarso people post this cand of article and then I feel saw sad iam sorry go read why Kosovo is not recognize yet even thou American support that. Chech whats happening Ukraine
I wonder which school did you go to learn English? First, go back to your teacher and ask him to teach you how to write better and correctly in English. In the meantime, I advise you to write in somali only bcz ppl can at least understand what you say. This is how my city is written by the way:"Hargeysa or Hargeisa" but not what you wrote up there.
Saxiib af somali iskaga hadal oo ku qor, ceeb maaha "ma garanayo English". Peace out!
I've never seen people worshiping the english man like isaaqs do. 2,000 signatures? What a joke hahaha. That ethiopian girl who got raped in sudan had over 26,000 signatures online. and we talking about silaanyo getting involved, the muppets so called ministers running after 2,000 signatures that were waved by 200 qat chewers but each with 10 different identities
I can get 500 real people off my social networking sites connections, i bet i will make silaanyo kiss my feet!!!
Isaaq people stole your land. I would hate them too.
ilmo xaaran ayaad tahay daarood ah oo ka xun
Don't worry babay,
We will find the reason and it;s justices. If you say wrong, you never win. Just wait a few, we raise our hand together and singing 'the national sonng.
HOOYADAA SIILANYO SIILKA KA WAS MAR DANBE HADAAD WAX KA SHEEGTO SIILANYO AFKAAN DHULKA KAAGA TAAGATAYAA XAAR YOW
Worshiping the English man? Same could be said about Islam worshiping an Arab man or the rantings of an Arab man. Of an Arab god that requires that your women are worth half that of a man. At least the west has ideas of equality built in to their laws so much so that even so called Muslims are running and begging for asylum.
Why do you think the world is running to the west? Why arnt people of all backgrounds trying to get into turkey or Saudi Arabia or Iran or Malaysia etc? bc they Su ck!
waxaan hayaaaaaaaa plack bybe
aad iyo aad ayeeeeey i farxad gali say markii aan arkay arin ka waa na so dhawwenayaaaaaaaaaaaa
finally when someone asks me my origin i can say somalilander not Somalian
hahahhahahhaahahahahahahhahahahahahahahhahahahhaha sheffield hhahahahahahahahahahahah council hahahahahah u landers are one big joke
keep believing u can fly just don't believe u can LAND!!!!!
Nothing major.
cheers!!!!!!!!!!!!!! congratulation UK Sheffield somalilanders community have done marvelous work .“I am free, no matter what rules surround me. If I find them tolerable, I tolerate them; if I find them too obnoxious, I break them. I am free because I know that I alone am morally responsible for everything I do.”
Congratulations to all Somalilanders where ever they are in the world. Sheffield City Coucil has one hell of a courageous and progressive leadership.
On another note for disgruntled JAMAAL, keep looking up the sky…..all you will see is SOMALILAND wings flying. I don't need to LAND yet adeer. I am too over excited to pull my landing gear down for Landing. I don't believe anymore, but actually flying already up above the clouds which you will never see I promise, due to your heart that is full of sorrow.
U farxa umada walaalihiin ee wanaagsan ee howsheeda qabsaday iyaga oo waliba waxa yar ee ay haystaan ee ay isku maamulaan, mar walba oo aad gaajootaan wax yar oo aan ka go'in si sharafleh idiin siisa.
Waligiinba abaal laawayaal xaasid lafaha ka galay kana bixi waayey ayaa ahaydeen. Waataa maantaa rabi "san gadhuudhi" idin hoos dhigay oo beerka iyo afkaba idinka laadayo hadh iyo habeen. Waa halkii, Ali Marshaal e….. WALI maad garan! Bloody thick heads. Afka aad kala haysaan habeen iyo dharaar laydha ka qarsada oo XIDHA.
asc ilahay aya mahadle inta ka sokaysana waxa mahad iska le bulshada somaliland ku dhaqan sheffield city and the rest of uk waxana mahda iska le golaha deganka sheffield ee gartay inay aqonsadan somaliland waxay xaq u ledahay dadka reer somalilad ilobimayan golaha deganka sheffield iyo jaliyada somaliland ee sheffield hawsha ka shaqaye waana malin farxad u ah dhaman dadka somaliland gudo iyo dibadba waana malin naxdin iyo marora dilac ku riday cadowgi somaliland ee xasadka iyo makhruqnimadu ka gashay jidhkoda melwalba allah mahadle