The Islamic Development Bank is a multilateral financing institution established in 1973 to foster social and economic development of member countries and Muslim communities world-wide. IDB currently has fifty-five members. The Bank's principal office is in Jeddah, Saudi Arabia with three regional offices in Morocco, Malaysia, and Kazakhstan. IDB has field offices in Indonesia, Iran, Kazakhstan, Libya, Pakistan, Senegal, Sudan, Gambia, Guinea Bissau, Mauritania, and Algeria.