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BPIFRANCE AND ICD SUPPORT ENTREPRENEURS IN FRENCH-SPEAKING MEMBER COUNTRIES
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Signing of AGENCY AGREEMENT TO IMPLEMENT R2 COVID SUPPORT LINE OF FINANCE
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US$ 250 MILLION OF EMERGENCY FUNDING TO RESPOND TO THE IMPACT OF COVID-19
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BPIFRANCE AND ICD SUPPORT ENTREPRENEURS IN FRENCH-SPEAKING MEMBER COUNTRIES
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Signing of AGENCY AGREEMENT TO IMPLEMENT R2 COVID SUPPORT LINE OF FINANCE
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US$ 250 MILLION OF EMERGENCY FUNDING TO RESPOND TO THE IMPACT OF COVID-19
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
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.
latest news
ICD provides USD 50 million financing to ALAFCO Aviation Lease and Finance Company K.S.C.P., Kuwait
11 October 2021 - Jeddah Islamic Corporation for the Development of the Private Sector (ICD) and ALAFCO Aviation Lease and Finance Company K.S.C.P.(“ALAFCO”) signed a four-year syndicated secured financing agreement for USD 75 million wi ...
The Role of Awqaf in the Vision 2030 and SDGs in the Kingdom of Saudi Arabia A Study by the Islamic Corporation for the Development of the Private Sector (ICD) and the United Nations
Riyadh - 29 September 2021 - The United Nations in the Kingdom of Saudi Arabia (UN in KSA) and the Islamic Corporation for the Development of the Private Sector (ICD) today launched a research paper on ‘Awqaf for the Achievement of Vision 2030 and t ...
ICD and the Libyan Stock Market Organize a Virtual Workshop: “Sukuk Denominated in Local Currency in Libya”
The Islamic Corporation for the Development of the Sector (ICD), a multilateral development financial institution, the private sector arm of the Islamic Development Bank Group (IDBG), in cooperation with the Libyan Stock Market, organized a virtual worksh ...
ICD organises a Webinar around Line of Finance Structure for Turkmenistan Banks
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IsDBG) organized on 16th of September of 2021 at 11:00 am (Ashkhabad Time) webinar for banks in Turkmenistan. The web ...
ICD Signs Line of Finance Agreements with Four Uzbekistan Banks
The Islamic Corporation for the Development of the private sector (ICD), a member of the Islamic Development Bank Group (IsDBG), has signed Line of Financing (LoF) agreements with four banks in Uzbekistan, granting a total of $40 million. These include Lo ...
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
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IsDB Group
ICD supports the private sector on policies aimed at encouraging the establishment, expansion, and modernization of private enterprises, the development of capital market.
#Based on this mandate and trust from our shareholders, IsDB Group is embarked on a comprehensive food security response program that would guide immediate-short term as w.
#During his participation in the IDFC Steering Group Meeting, Mr, Ayman Sejiny highlighted that, these days, ICD member countries, along with significant parts of the worl.
The Saudi “Afaq” SME Fund is a closed-end Shari'ah-compliant fund with Assets Under Management of SAR 400 million (USD 107 million) approved by the Capital Markets Au.
ICD supports the private sector on policies aimed at encouraging the establishment, expansion, and modernization of private enterprises, the development of capital market.
#Based on this mandate and trust from our shareholders, IsDB Group is embarked on a comprehensive food security response program that would guide immediate-short term as w.
#During his participation in the IDFC Steering Group Meeting, Mr, Ayman Sejiny highlighted that, these days, ICD member countries, along with significant parts of the worl.
The Saudi “Afaq” SME Fund is a closed-end Shari'ah-compliant fund with Assets Under Management of SAR 400 million (USD 107 million) approved by the Capital Markets Au.