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Join our community #ICD_PS
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Annual Development Effectiveness Report 2019
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Join our community #ICD_PS
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Annual Development Effectiveness Report 2019
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#BRAVEWOMEN - Selection Announcement
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
Since its inception in 1999, ICD has approved more than 400 projects, valued at around $6.4 billion. ICD approvals support a wide array of industries including finance, infrastructure, Agriculture, manufacturing, and oil and gas. ICD investment operations are at work in 51 Member countries. The array of ICD approvals includes: more than 100 Line of Finance projects valued at $2,621 million; 218 Term Finance projects valued at $2,225 million; 78 Equity projects valued at $1,007 million; and 15 Funds projects valued at $533 million. To date, 76 percent of approvals address Term Finance plus Line of Finance, 16 percent address Equity participation (institutional equity and corporate equity), and the remaining 8 percent address Funds.
latest news
Signing of the USD 10 Million Line of Financing Agreement between ICD and the State Bank for Foreign Economic Affairs of Turkmenistan
Avaza, Turkmenistan, August 12th, 2019 – The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank (IsDB), signed a USD 10 Million Line of Financing Agreement with the State Bank ...
Albaraka Turk Participation Bank signs a financing facility with ICD to bolster SME support in Turkey
Istanbul, July 22, 2019, The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of Islamic Development Bank (IsDB) Group, has signed a Murabaha financing facility of USD 40 Million with Albaraka Turk Participation ...
Eat Responsibly
Original article here The way we grow and consume food has a huge impact on the environment. Farming animals, cultivating crops and producing dairy all release carbon emissions into the atmosphere and have historically caused serious defore ...
Should you care about Facebook cryptocurrency?
It’s not bitcoin. It’s also not Venmo. It’s more like an attempt at the internet-age US dollar. After months of rumors and partial leaks, Facebook confirmed on Tuesday that it’s working on a cryptocurrency called &ldqu ...
ICD CEO visits three CIS Countries: Uzbekistan, Kazakhstan and Tajikistan
Tashkent, June 9, Mr. Ayman Seijiny, CEO of the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IsDB), and his team composed of Mr. Ikbal Darida, The CEO Adviser and Mr. Sa ...
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
"The private sector is unanimously recognized as a critical driver of sustainable economic development that boost economic growth for the improvement of people’s lives..
#We-Fi Secretariat @WorldBank visited @isdb_group to discuss progress of the Brave Women program in #Yemen and #Nigeria - very productive meetings with IsDB Group implemen.
#"The private sector is unanimously recognized as a critical driver of sustainable economic development that boost economic growth for the improvement of people’s lives..
The Islamic Corporation for the Development of the Private Sector (ICD) is an independent international multilateral financial institution created for the development of .
"The private sector is unanimously recognized as a critical driver of sustainable economic development that boost economic growth for the improvement of people’s lives..
#We-Fi Secretariat @WorldBank visited @isdb_group to discuss progress of the Brave Women program in #Yemen and #Nigeria - very productive meetings with IsDB Group implemen.
#"The private sector is unanimously recognized as a critical driver of sustainable economic development that boost economic growth for the improvement of people’s lives..
The Islamic Corporation for the Development of the Private Sector (ICD) is an independent international multilateral financial institution created for the development of .