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 Kapital Bank from Azerbaijan sign a Memorandum of Understanding
Baku, Feb 08, 2022 – The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IsDB) and Kapital Bank from Republic of Azerbaijan, signed a Memorandum of Understanding (&ld ...
IsDBI and ICD Organize Training Programs for 4 Uzbek Commercial Banks Planning to Establish Islamic Windows
Back-to-back training programs for four conventional banks on “Islamic Banking and Finance: Fundamental Concepts and Applications” have been conducted in Uzbekistan. The programs were developed by the Islamic Development Bank Institute (IsDBI) ...
ICD AND PARTNER PROVIDE FINANCING TO INDONESIA MULTIFINANCE COMPANY FOR SME SECTORS
The Islamic Corporation for the Development of the Private Sector (“ICD”), the private sector arm of the Islamic Development Bank (“IsDB”) Group, signed today a Shari’ah compliant Line of Financing agreement with PT Mandala M ...
ICD signs an agreement with PT Mandala Multi finance in INDONESIA to support SMEs sectors
The Islamic Corporation for the Development of the Private Sector (“ICD”), the private sector arm of the Islamic Development Bank (“IsDB”) Group, signed today a Shari’ah compliant Line of Financing agreement with PT Mandala M ...
ICD and UBT Launch a Financial Inclusion, Financial Literacy Training and Education Program
Jeddah – 20 March 2022: The Islamic Corporation for the Development of the Private Sector (ICD) and the Executive Education of the University of Business and Technology (UBT Executive Education) are announcing the official launching of a joint educa ...
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
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IsDB Group
"ICD devotes special importance to participating in the financing of partnership projects between the public and private sectors. We are keen to assist #Egypt attract inv.
#RT @isdb_group: We are delighted to announce that the Arab Republic of #Egypt 🇪🇬 will be the host of the #IsDBGroupAM2022 member countries'….
#Seize the opportunity now! with all the leading representatives and stakeholders from the business community sharing their experiences, success stories & best practic.
“ICD focuses on recalibrating the institution and business approach, with the ultimate goal of better serving the private sector needs of its member countries.” - Aym.
"ICD devotes special importance to participating in the financing of partnership projects between the public and private sectors. We are keen to assist #Egypt attract inv.
#RT @isdb_group: We are delighted to announce that the Arab Republic of #Egypt 🇪🇬 will be the host of the #IsDBGroupAM2022 member countries'….
#Seize the opportunity now! with all the leading representatives and stakeholders from the business community sharing their experiences, success stories & best practic.
“ICD focuses on recalibrating the institution and business approach, with the ultimate goal of better serving the private sector needs of its member countries.” - Aym.