• 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.

& 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.

95,609 People opened new Islamic finance accounts in 2017
10,795 New employees hired by ICD clients/partners in 2017
9,367 Micro, Small and Medium enterprises provided with new funding in 2017
603 Employees trained in Islamic finance or in business continuity plan

latest news


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 projects: 

Total ICD Contribution: $

> 10 Projects
1:10 Projects
0 Projects

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.


IsDB Group

IsDB 20181529828985_2652.jpg
IRTI 20171529825302_4846.png
ICIEC 20171529825122_9870.jpg
ITFC 21529824830_5211.png
ISFD 20171529825990_2942.jpg
Thiqah 2017 21529824377_8178.png