Financial Highlights & Investor Relations
Competitive, risk-adjusted returns alongside a formal development impact mandate — a 15.23% 10-year equity IRR, profitability from Year 1, and full Shariah compliance.
- 10-Year Equity IRR Projected
- 15.23%
- Break-Even Projected
- Year 1
- Equity Recovery Projected
- Year 5
- Stress Test Scenarios Projected
- 7
IDIB is designed from inception to generate competitive, risk-adjusted financial returns alongside its development impact mandate — demonstrating that Islamic development finance in Afghanistan can be simultaneously principled, professionally managed, and financially rewarding for shareholders.
The financial profile below is derived from the IDIB Business Plan (April 2026) and reflects the institution's 10-year financial projections, capital structure, and regulatory compliance commitments.
IDIB welcomes inquiries from serious investors who share its commitment to Afghanistan's reconstruction and the principles of Shariah-compliant development finance.
Capital Structure
A well-capitalized foundation
IDIB is established as a private joint stock company under Afghan law, with a capital structure designed to meet regulatory requirements and support a growing development finance portfolio.
Year 5 Funding Mix
Projected composition of total funding at the end of Year 5.
- Paid-Up Capital
- 45%
- Profit-Sharing Investment Accounts (PSIAs)
- 30%
- Multilateral Credit Lines
- 15%
- Sukuk Proceeds
- 7%
- Waqf and Donor Funds
- 3%
- Initial Paid-Up Capital
- USD 3M
- ≈ AFN 210M
- Authorized Capital (Articles of Association)
- AFN 100M
- DAB Minimum Capital for Full Banking License
- AFN 1B
- Legal Structure
- Private Joint Stock Company
- Under Afghan law
Portfolio Growth Targets
A disciplined path to scale
IDIB's 10-year business plan charts a clear trajectory from initial deployment to full-scale development finance institution — with profitability maintained at every stage.
USD 3.0M
Initial Deployment
Years 1–2
Establish the portfolio with priority development finance transactions across infrastructure, SME, agriculture, and housing sectors.
USD 5.2M
Portfolio Expansion
Years 3–5
Scale the portfolio using accumulated retained earnings, PSIA mobilization, and initial multilateral credit line drawdowns.
USD 10M+
Scale Portfolio
Years 6–10
Full deployment capacity leveraging Sukuk proceeds, deepened multilateral partnerships, and a proven track record of development impact.
Financial Performance
Key performance indicators
IDIB's 10-year financial projections demonstrate consistent profitability under all modelled scenarios — including a Combined Severe stress test — with a 15.23% IRR on initial equity.
- 15.23%
- 10-Year IRR on Initial Equity Investment Projected
- Year 1
- Break-Even Projected
- Year 5
- Cumulative Equity Investment Recovery Projected
- 7 Scenarios
- Stress Test Scenarios Tested Projected
- Profitable throughout 10-year horizon
- Profitability Under All Scenarios Projected
- AAOIFI Accounting Standards
- Financial Reporting Standard
- KPMG, PwC, Deloitte, or equivalent
- External Auditor
Regulatory Compliance
Exceeding DAB minimums
IDIB sets internal targets that exceed Da Afghanistan Bank's minimum requirements — building a liquidity and capital buffer that protects depositors and supports long-term stability.
| Ratio | DAB Minimum | IDIB Internal Target |
|---|---|---|
| Capital Adequacy Ratio (CAR) | Per DAB requirements | Full compliance maintained at all times |
| Quick Liquidity Ratio | 20% | 30% |
| Broad Liquidity Ratio | 15% | Maintained above DAB minimum at all times |
Ownership Opportunity
A carefully selected investor community
IDIB invites participation from investors aligned with its mission, values, and long-term development mandate. Ownership is open to four categories of qualified investor.
- Afghan Institutional Investors
- Afghan financial institutions, insurance companies, pension funds, and foundations seeking Shariah-compliant institutional investment.
- High-Net-Worth Afghan Individuals
- Individual Afghan investors committed to their country's reconstruction and seeking risk-adjusted returns through an internationally credentialed Islamic institution.
- Afghan Diaspora Investors
- A minimum of 10% of shares in the second-round offering are reserved specifically for Afghan diaspora investors — recognizing their stake in Afghanistan's future.
- International Development Finance Institutions
- Multilateral and bilateral DFIs that seek to support Afghanistan's development through equity co-investment in IDIB.
Shareholder Protection
No single shareholder may hold more than 25% of IDIB's voting rights without prior approval from Da Afghanistan Bank.
This limit protects all shareholders from undue concentration of control and ensures that IDIB's governance remains genuinely independent and broadly representative.
Shareholder Value Commitment
Our commitment to shareholders
IDIB's commitment to its shareholders is clear, consistent, and long-term — grounded in financial discipline, governance independence, and Shariah integrity.
- Long-Term Financial Returns
- Risk-adjusted returns aligned with the development impact mandate — demonstrated by a 15.23% 10-year equity IRR and profitability from Year 1.
- Financial & Regulatory Transparency
- Annual audited financial statements under AAOIFI standards, audited by a Big Four or equivalent firm, alongside complete regulatory disclosure to Da Afghanistan Bank on reporting, capital, liquidity, and governance requirements.
- Independent Governance Framework
- A governance structure — including a majority-independent Board of Directors and four Board-level Committees — that protects the interests of all shareholders.
