By its charter, the Islamic Development Bank (IDB) is mandated to foster socioeconomic development of its member countries and Muslim communities in non-member countries, in accordance with the principles of Shariah (Islamic Law). Since its establishment in 1395H (1975), membership in the institution has grown considerably and there has been several increases in its capital side by side with the demand for more resources from member countries to finance operations. For over a decade now, IDB is rated AAA by the three major Rating Agencies (Standard & Poor's, Moody's, and Fitch), facilitating mobilization of resources from the market to meet the rising financing requirements from member countries. It is this rising demand from stakeholders combined with the strategic challenges facing the Muslim world that led the IDB to realign its priorities and shape a new mission and vision for the institution in accordance with new world realities.