Looking for a leadership role (Islamic Development Bank annual meeting)

The Governors of the Islamic Development Bank (IDB) will have their annual meeting in November 1996. Unlike the World Bank the IDB has been silent about the corruption endemic in many of its member states. The bank must take a lead in setting up a secondary market for Islamic products. Unfortunately the bank is weakened by its dependence on the politics of its important members. Leasing funds and securitization should be an objective of the IDB. The IDB has disappointed many by failing to promote intra-Islamic trade and investment. The IDB is currently endangered by its own inertia.