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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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ICD-REFINITIV Islamic Finance Development Report 2019 SHIFTING DYNAMICS
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ICD Annual Report 2019 is published and available for download
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ICD Annual Development Effectiveness Report 2019 is published Now
-
US$ 250 MILLION OF EMERGENCY FUNDING TO RESPOND TO THE IMPACT OF COVID-19
-
ICD-REFINITIV Islamic Finance Development Report 2019 SHIFTING DYNAMICS
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
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 ...
ICD signs Memorandum of Understanding with Aerodyne Group to promote UAV tech in 57 Countries
Kuala Lumpur, MALAYSIA, 20 May 2020 The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of Islamic Development Bank (IDB) Group, and Aerodyne Group (Aerodyne), an international artificial intelligence (AI)-dr ...
ICD e-signed a collaboration Memorandum of Understanding with FINTERRA
Jeddah – Singapore May 19, 2020 Mr. Ayman Sejiny, the CEO of The Islamic Corporation for the Development of the Private Sector (“ICD”) (www.ICD-ps.org) the private sector arm of the Islamic Development Bank Group, and Mr. Satesh Kheml ...
United Nations Resident Coordinator Office Signs Letter of Agreement with Islamic Corporation for the Development of the Private Sector (ICD)
Riyadh -- May 7 2020 – On Thursday 23, April 2020 Mrs. Nathalie Fustier from The United Nations Resident Coordinator in the Kingdom of Saudi Arabia (KSA) and Mr. Ayman Sejiny, the CEO of the Islamic Corporation for the Development of the Private ...
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
Congratulations 🎉 to our partner Wifak Bank for achieving the Global Islamic Finance Award - #GIFA2020 Power Award for Islamic Banking 2020! https://www.facebook.com/.
#The Prophet ﷺ said: "O people, spread peace, feed people, and pray at night while people are asleep and you'll enter paradise in peace". As the world celebrates #Inte.
##ICD_PS ASK THE EXPERT Podcast Series - Episode 1 Q: What should be addressed first during the #COVID pandemic to help #SMEs and fragile economies? Answer by Mr. Ayman .
For Review: “#Covid-19 has led us to accelerate the digital transformation that was already under way prior to the pandemic.” Ayman Sejiny, CEO of #ICD_PS Find more.
Congratulations 🎉 to our partner Wifak Bank for achieving the Global Islamic Finance Award - #GIFA2020 Power Award for Islamic Banking 2020! https://www.facebook.com/.
#The Prophet ﷺ said: "O people, spread peace, feed people, and pray at night while people are asleep and you'll enter paradise in peace". As the world celebrates #Inte.
##ICD_PS ASK THE EXPERT Podcast Series - Episode 1 Q: What should be addressed first during the #COVID pandemic to help #SMEs and fragile economies? Answer by Mr. Ayman .
For Review: “#Covid-19 has led us to accelerate the digital transformation that was already under way prior to the pandemic.” Ayman Sejiny, CEO of #ICD_PS Find more.