Fragmented Aid: The Institutionalization of the OIC’s Foreign Aid Framework
Although the Organization for Islamic Cooperation (OIC) was not established with the explicit purpose of providing aid to the world’s underprivileged, its founders were motivated, at least in part, by a wish to impersonate and enhance “Islamic solidarity” in the face of widespread poverty in Muslimmajority countries (İhsanoğlu 2010:3). Diverse OIC institutions emerged, including the Islamic Development Bank (1975), the Islamic Solidarity Fund (1974), and the Islamic Centre for Development of Trade (1981), dealing with both humanitarian and developmental concerns (Kayaoglu 2015:17).