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ICD Annual Development Effectiveness Report 2019 is published Now
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US$ 250 MILLION OF EMERGENCY FUNDING TO RESPOND TO THE IMPACT OF COVID-19
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Finance in Common - The first global meeting of all Public Development Banks - 10-12 November 2020
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ICD Annual Report 2019 is published and available for download
-
ICD Annual Development Effectiveness Report 2019 is published Now
-
US$ 250 MILLION OF EMERGENCY FUNDING TO RESPOND TO THE IMPACT OF COVID-19
-
Finance in Common - The first global meeting of all Public Development Banks - 10-12 November 2020
What we do
We fund projects that are aimed at creating competition, entrepreneurship, employment opportunities and export potential. We also bring additional resources to projects, encouraging the development of Islamic finance, attracting co-financiers and advising governments and private sector groups on how to establish, develop and modernize private enterprises and capital markets. We advise on best management practices and enhancing the role of the market economy.
Facts
& numbers
In 2019, ICD marked two decades of achievements which are advancing the private sectors of our member countries. In commemoration of this 20th anniversary milestone, we look back through our journey to explore how we helped to secure our member countries’ development agendas over the years, and pay tribute to those who have contributed to ICD’s legacy.
latest news
ICD and Bidaya Home Finance sign a partnership and cooperation agreement
Riyadh, 19/10/2020 (02/3/1442H) - Mr. Ayman Amin Sejiny, CEO of the Islamic Corporation for the Development of the Private Sector, member of the Islamic Development Bank Group, and Mr. Mazen bin Ahmed Al-Ghunaim, CEO of Bidaya Home Finance, signed a joint ...
ICD COMPLETES PRICING FOR A 5-YEAR USD 600 MILLION SUKUK ISSUANCE
Jeddah, 08 October 2020, The Islamic Corporation for the Development of the Private Sector, (ICD), a multilateral development financial institution and the private sector arm of the Islamic Development Bank Group (IsDBG), announces successful co ...
Smart Financial Transactions Platform
Under the slogan of financial inclusion as one of the objectives of the Group of Twenty (G20), the Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank Group (IsDBG), is developing the "Smart F ...
Islamic Finance as an Alternative Tool for Financing Projects in Kazakhstan During the Covid-19 Pandemic
Islamic Finance, a viable alternative to conventional financing, is becoming an important growth driver in Central Asian economies. During periods of economic and financial crises, the Islamic financial sector in most parts of the world remained largely u ...
The UNRCO and ICD Announce Formation of Advisory Committee for their Awqaf Research Project
Riyadh – August 27 2020 – The United Nations Resident Coordinator’s Office (UNRCO) in the Kingdom of Saudi Arabia and the Islamic Corporation for the Development of the Private Sector (ICD), announced the launch of their joint initiat ...
MEMBER COUNTRIES
We always make interventions in member countries that are appropriate to their stage of development. In less developed member countries, we focus on building the basics of competitiveness and improving the regulatory environment. However, in more developed countries, we focus on enhancing private sector markets by increasing business sophistication.
Disclaimer: Country borders or names do not necessarily reflect the IsDB's official position. This map is for illustrative purposes and does not imply the expression of any opinion on the part of the IsDB, concerning the legal status of any country or territory or concerning the delimitation of frontiers or boundaries.
events
IsDB Group
Dr. Mohammed Alyami, ICD’s Development Effectiveness Department Director gave the welcome remarks during a session titled “Post #COVID: New Opportunities for #Fintech.
##ICD_PS CEO, Mr. Ayman Sejiny met with the Director General of the #OPEC Fund for International Development (#OFID), Dr. Abdulhamid Alkhalifa and discussed #Covid impact .
##ICD_PS Partnerships Team and CEO, Mr. Ayman Sejiny met with the PROPARCO team led by Mr. Djalal Khimdjee, PROPARCO’s Deputy CEO, and discussed #Covid-19 impact on thei.
The CEO of ICD, Mr. Ayman Sejiny, participated actively in the #SME Pillar Session 1 - Navigate Policy Decisions Beyond the Turbulent Times which was organized by the D.
Dr. Mohammed Alyami, ICD’s Development Effectiveness Department Director gave the welcome remarks during a session titled “Post #COVID: New Opportunities for #Fintech.
##ICD_PS CEO, Mr. Ayman Sejiny met with the Director General of the #OPEC Fund for International Development (#OFID), Dr. Abdulhamid Alkhalifa and discussed #Covid impact .
##ICD_PS Partnerships Team and CEO, Mr. Ayman Sejiny met with the PROPARCO team led by Mr. Djalal Khimdjee, PROPARCO’s Deputy CEO, and discussed #Covid-19 impact on thei.
The CEO of ICD, Mr. Ayman Sejiny, participated actively in the #SME Pillar Session 1 - Navigate Policy Decisions Beyond the Turbulent Times which was organized by the D.