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WE-FI MENA REGIONAL SUMMIT
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Making ICD's operations more Open, Transparent and accountable while staying Results-driven Institution
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ICD-REFINITIV Islamic Finance Development Report 2019 SHIFTING DYNAMICS
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Annual Development Effectiveness Report 2019
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WE-FI MENA REGIONAL SUMMIT
-
Making ICD's operations more Open, Transparent and accountable while staying Results-driven Institution
-
ICD-REFINITIV Islamic Finance Development Report 2019 SHIFTING DYNAMICS
-
Annual Development Effectiveness Report 2019
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
Islamic Corporation for the Development of the Private Sector signs MoU with the A-eTrade Group to advance Africa’s economic transformation under Agenda 2063
Addis Ababa 10 Feb 2020 – During the 33rd Ordinary Session of the African Union Head of States Summit, the CEO of the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group, ...
Signing of the USD 10 Million Line of Financing Agreement and an Advisory Agreement between ICD and AAB
Jeddah, Saudi Arabia, November 21st, 2019 – The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IsDBG), signed with Asia Alliance Bank (AAB) a USD 10 Million Line of ...
Islamic Finance offers potential through innovative investments and instruments.
Paramaribo, 15 november 2019 The "1st Caribbean Islamic Finance Forum" was held in Suriname on the 15th of November 2019, in the Royal Ballroom of Torarica. During the forum organized by Trustbank Amanah and the Islamic Corporation for t ...
Announcement of the ICD's Membership to The Global Impact Investing Network
This week, ICD joined officially the Global Impact Investing Network (GIIN). The GIIN is the leading nonprofit dedicated to increasing the scale and effectiveness of impact investing. Impact investments are made into companies, organizations, an ...
Uzbek delegation holds meeting with the President of the IsDB and the CEO of ICD
Tashkent, Uzbekistan (UzDaily.com) – On 19 October, Washington hosted meetings of Minister of Investment and Foreign Trade of Uzbekistan Sardor Umurzakov with President of the Islamic Development Bank (IDB) Bandar Al Hajjar and the CEO of the I ...
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
How is #IslamicBanking supporting Pakistan’s small businesses? The State Bank of #Pakistan, an #ICD_PS member country has launched three new #Shariah-compliant refinan.
#The #SMEPS #BraveWomen program team supported by #IsDB and #ICD_PS at the #WeFiSummit 2020. Two of the team members participated as guest speakers at this global event. @.
#Stories are made to remind us a part of our history, but carry a message of hope for the generations to come. Naseem Al-Gershi was #BRAVE and defies war in #Yemen Hear .
Do you know anything about ICD’s partnership approach? #ICD_PS is dedicated to partner with other institutions to sustainably boost shared prosperity among its member.
How is #IslamicBanking supporting Pakistan’s small businesses? The State Bank of #Pakistan, an #ICD_PS member country has launched three new #Shariah-compliant refinan.
#The #SMEPS #BraveWomen program team supported by #IsDB and #ICD_PS at the #WeFiSummit 2020. Two of the team members participated as guest speakers at this global event. @.
#Stories are made to remind us a part of our history, but carry a message of hope for the generations to come. Naseem Al-Gershi was #BRAVE and defies war in #Yemen Hear .
Do you know anything about ICD’s partnership approach? #ICD_PS is dedicated to partner with other institutions to sustainably boost shared prosperity among its member.