Meeting in Saudi Arabia seeks to boost food security via Islamic finance

Delegates from member countries of Adfimi during the meeting in Jeddah, Saudi Arabia.

Food security was the main topic during Association of National Development Finance Institutions in Member Countries of the Islamic Development Bank (Adfimi)’s 76th management committee meeting and 40th general assembly meeting in Jeddah, Saudi Arabia.

Agrobank president and chief executive officer Datuk Tengku Ahmad Badli Shah Raja Hussin, who chaired the meeting, announced that the bank would soon launch a first-of-its-kind agricultural-based takaful programme that provided basic protection for the community against losses, particularly natural disasters.