Islamic Bank for Development supports the Intifada

The Islamic Bank for Development (IBD) which supervises the two funds of supporting the Intifada and Jerusalem has allocated a sum of $ 15 million at the Bank account of the Palestinian National Authority.

The chairman of the Bank Ahmad Muhammad Ali said in a press statement issued on Thursday in Jeddah that the said sum is the third monthly payment of the loan approved by the higher council of the al-Aqsa and al-Intifada funds to support the budget of the Palestinian Authority.

However, the higher council for al-Aqsa and the Intifada Funds had approved two loans. One is at a cost for $ 20 million and the second is for $ 180 million to support the budget of the Palestinian Authority and to be deposited at monthly installments at the united account of the treasure of the Palestinian Authority.