At a Glance

ICD fosters sustainable economic growth in its 54 member countries by financing private sector investment, mobilizing capital in the international financial markets, and providing advisory services to business and governments.

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.

42,365 MSMEs were supported through ICD financing
486 projects Cumulative Number of Projects
16,405 New jobs were created
1,042,311 Clients who gained access to Islamic finance
54 Member Countries

54 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.

What We Do

The Islamic Corporation for the Development of the Private Sector (ICD) is the private sector arm of the Islamic Development Bank Group (IsDBG). We promote the economic development of IsDBG member countries by providing financial assistance and advisory solutions to private sector projects in accordance with the principles of shariah law.