At a Glance
ICD fosters sustainable economic growth in its 55 member countries by financing private sector investment, mobilizing capital in the international financial markets, and providing advisory services to business and governments.
Facts
& numbers
As ICD commemorates its 25th anniversary, we reflect on a legacy built on empowering the private sector and advancing development across member countries. This milestone is an opportunity to revisit our journey, celebrate the impact of our partnerships, and reaffirm our dedication to fostering inclusive, sustainable growth.
56 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.