- Annual Development Effectiveness Report 2019
- The Islamic Corporation for the Development of the Private Sector Annual Report 2018 is released
- The International Development Finance Club and The Sustainable Development Goals
- Moving to the next level: ICD’s Advocacy with local partner banks to take SDG Action
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.
In 2017, ICD saw the first results of the introduction of the Sustainable Development Goals (SDGs) in its strategy. As the major private sector development arm of the Islamic Development Bank Group (IsDBG), ICD has pledged to concentrate its investments in SDG 7 (energy), SDG 8 ( jobs and financial inclusion) and SDG 9 (industry and infrastructure); engage in SDG 13 (climate action) and SDG 17 (partnerships) in order to impact on SDG 1 (poverty), SDG 2 (agriculture), SDG 3 (health), SDG 4 (education) and SDG 5 (gender equality).
ICD launch a new platform initiative during the 44th Annual Meeting of IsDB Group
Marrakech, April 4, 2019 – The Islamic Corporation for the Development of the Private Sector (ICD) held interactive sessions during the IsDB group private sector forum, while the group was organizing its 44th Annual Meeting in the Four Seasons Hotel ...
The EDB and the Islamic Corporation for the Development of the Private Sector to develop Islamic finance in Kazakhstan
Almaty, 25 February 2019. The Eurasian Development Bank (EDB) and the Islamic Corporation for the Development of the Private Sector (ICD) signed an agreement, which makes it possible for the parties to enter into treasury transactions that comply with Sha ...
ICD AND ASKEC SIGNED A LETTER OF INTENT FOR POSSIBLE ISSUANCE OF SUKUK
The Islamic Corporation for the Development of the Private Sector (ICD) and Al-Sharif Group & KEC Ltd. Co. (ASKEC) have signed a Letter of Intent on 14th FEB 2019 to explore the possibility of collaborating in structuring and arranging the issuance of ...
ICD AND IRTI CONSIDER ENTERING A STRATEGIC PARTNERSHIP TO DELIVER HIGH LEVEL TRAINING PROGRAMS IN ISLAMIC FINANCE
Jeddah, Saudi Arabia – February 6, 2019 - A Memorandum of Understanding (MoU) was signed between, the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of Islamic Development Bank (IDB) Group, and The Islami ...
ICD Launched a new application for the Fatawa Book already published in 2018
The Islamic Corporation for the Development of the Private Sector (ICD), a leading multilateral financial institution operating in accordance with the principles of Islamic banking and finance, today announced the launch of its New Fatawa book ...
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.
Total ICD Contribution: $
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.
ROLE OF DIGITAL TRANSFORMATION IN “RESTYLING” THE ISLAMIC FINANCE INDUSTRY
The Islamic Development Bank Group (IsDB Group) is organizing its 44th Annual Board of Governors Meeting in Marrakech – Morocco, which will take place during the period of 3-6 April 2019. In conjunction with this high level event, the IsDB Group private sector entities will be organizing the IsDBG Private Sector Forum on April 4th, 2019. The Forum will take place at the Four Seasons Hotel, M
IsDB Group 44th Annual Meeting
The Board of Governors of the Islamic Development Bank Group (IsDB Group) holds an annual meeting to discuss development issues and institutional matters. The meeting attracts over than 1,000 participants and offers an ideal platform for decision makers to discuss challenges and explore opportunities facing IsDB Group member countries. (More info will follow soon)
SAIFI 2019 - AFRICAN ISLAMIC FINANCE IN THE FINTECH AGE (ENG and FR)
SAIFI will explore how the convergence of FinTech and Islamic Finance is contributing to the growth of Islamic African economic system and (ii) how FinTech is the key to capturing the next generation of African Islamic digital economy customers. SAIFI represents the first African Islamic fintech platform paving the way between Islamic FinTech companies (i.e. Startups) and the African financial
Public Private Partnership (PPP) Conference (AR, FR and ENG)
The Islamic Development Bank Public-Private Partnership Forum (PPP Forum) is an annual event aimed at fostering greater publicprivate sector collaboration to help solve the world’s sustainable development challenges. First established in 2017, the PPP Forum convenes business leaders and policymakers from the bank’s 57-member countries to promote the dialogue on public-private partne
Startup Weekend Jeddah Global Artificial Intelligence
Startup Weekend Jeddah Global Artificial Intelligence Edition 2018 Ignite – Develop – Impact Artificial intelligence (AI), as an idea, first appeared soon after humans developed the electronic digital computing that makes it possible. And, like digital technology, artificial intelligence, or AI, has ridden waves of hype and gloom—with one exception: AI has not yet
8th Global Islamic Microfinance Forum (Event Lang ENG)
With high hopes AlHuda CIBE has planned to conduct The 8th Global Islamic Microfinance Forum in Dubai - UAE on 25th - 26th November, 2018. The notion behind conducting these forums is to create awareness of Islamic Microfinance for the benefit of humankind and to help poor to survive at their best. This is the reason why these events are conducted internationally so that masses can enjoy its perqu
IFN Forum Investors 2018 (Event language ENG)
Launched in April 2015, IFN Investors Forum has been widely embraced by the industry to great success as the platform to discuss and debate all things related to Islamic investments. Welcoming a broad range of investors from all corners of the world, IFN Investors Forum will stage a comeback in 2018 in Kuala Lumpur, one of the most advanced Shariah finance capitals of the world. Covering all as
1st Azerbaijan-Arab Investment and Business Forum (AAIBF)
ABOUT The 1st Azerbaijan-Arab Investment and Business Forum (AAIBF) will be organized by the Association for Azerbaijan-Arab Countries Cooperation (AAACC), the Islamic Corporation for the Development of the Private Sector (ICD) and in close cooperation with the IsDB Group Business Forum (THIQAH). The forum will be held on …….. at Baku Convention Center (Baku, Republic of Azerbaija
Africa Islamic Finance Forum - Lagos Conference
Welcome to the 3rd Africa Islamic Finance Forum The 3rd Africa Islamic Finance Forum will provide an insightful programme to greatly assist understanding towards investment opportunities as well as being a networking platform for the financial and business communities to forge partnerships and provide a catalyst for business. Given Nigeria’s status as a leading member of the Islamic Devel
IDB Group Private Sector Forum
The IDB Group is organizing its 41st Annual Board of Governors Meeting in Jakarta-Indonesia, which will take place during the period of 15-19 May 2016. In conjunction with this significant event, the IDBG private sector entities will be organizing the IDBG Private Sector Forum on 17th May, 2016 which will take place at Jakarta Convention Center (Cendrawasih Room #3), Jakarta-Indonesia, from 08:
IFN FORUM ASIA 2017
Going into its 12th year, IFN Asia Forum will bring together industry experts and investors from across the world to convene at REDmoney Group's flagship event that focuses on the world's largest and most active Islamic financial market. The two-day event will be a platform for industry professionals to discuss the latest issues surrounding the development of Islamic finance in the Asian region.
Africa Islamic Finance Conference - Abidjan 2015
A 1.5-day, exclusive, Islamic finance focused forum, under the patronage of the government of Cote d’Ivoire for local and International market players on the development of both the local and regional Islamic financial market working in collaboration with the ICD, REDmoney and ICD will build a formidable program with industry leaders from around the world to discuss global issues on Islamic fin