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Text Content

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Islamic Corporation for the
Development of the Private Sector Member of the Islamic Development Bank (IsDB)
Group
English عربي Français
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Contact us

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 * Who we are
   * About ICD
   * At a Glance
   * ICD Governance
     * Board of Directors
     * ICD Management
     
     
     
     
   * Shariah Board
   * Awards
   * Stakeholders
 * What We Do
   * Financial sector
     * Line Of Finance
     * Banking & Non-Banking Equity
     
     
     
     
   * Real Sector
     * Infrastructure & Corporate Finance
     
     
     
     
   * Projects INFORMATION
     * Projects Summary
     
     
     
     
   * DOCUMENTs RELEASE
     * Publications
     * Reports
     * Development Effectiveness
     * Annual Report 2022
     
     
     
     
   * Sectors we work in
 * Where we work
   * Member Countries
   * Countries Ranking
 * Work with us
   * E-learning
   * Corporate Procurement
   * Application
 * Investor Relations
   * Investor presentation
   * Investor Reports
     * Sukuk Programme
     * Annual Reports
     * Financial Reports
     
     
     
     
 * News
   * Press Release
   * Video Gallery
   * for media use
 * join us
   * job opportunities
 * Contact us
   * Contact us
   * Sponsorship
   * FAQ
 * ARAB AFRICA TRADE BRIDGES PROGRAM (AATB)
   * Program Background
   * Key Objectives
   * Members of the AATB Program
   * Measurable Impacts of the Program
   * Implementation: AATB Program Pillars
   * Governance
   * Contact
   


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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.

read more


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.

read more
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


LATEST NEWS


ITFC AND ICD SIGN A MEMORANDUM OF UNDERSTANDING (MOU) WITH THE KINGDOM OF
MOROCCO

The memorandum aims to provide a general framework that facilitates cooperation
between the parties and enhances economic and social development capabilities
 ITFC intends to provide financing of up to $100 million to support the import
of strat ...

read more


ICD PIONEERS SHARIAH-COMPLIANT SYNDICATED FINANCING FOR AL BARAKA BANK (EGYPT)
S.A.E. IN EGYPT

ICD, has entered into a Line of Financing Agreement with Al Baraka Bank Egypt,
an Islamic bank owned by Al Baraka Banking Group, to provide USD 30 million
(with the option to expand by an additional USD 20 million) in syndicated
commodity Murabaha fina ...

read more


ICD & UGFS ORGANIZE WORKSHOP ON THE PRACTICAL ASPECTS OF SUKUK ISSUANCE

Tunisia - The Islamic Corporation for the Development of the Private Sector
(ICD) and United Gulf Financial Services-North Africa (UGFS) are pleased to
announce the successful conclusion of a virtual capacity-building workshop on
Short-Term Sukuk and Liqu ...

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SUPPORTED BY ENMAA FINANCE AND THE ISLAMIC CORPORATION FOR THE DEVELOPMENT OF
THE PRIVATE SECTOR, MAM FOR ENGINEERING INDUSTRIES & ELECTRICAL SUPPLIES
ACHIEVES GROWTH.

Eng. Hani Salem Sonbol: We have supported 524 private sector projects in ICD’s
member countries totaling $7.61 billion, and we continue to provide more
financing to achieve new success stories and increase the volume of exports.
Cairo-Jeddah / 5 ...

read more


EMPOWERING GULF TECH COMPANIES: THE PEARL INITIATIVE AND ICD FOSTER
COMPETITIVENESS AND SUSTAINABILITY THROUGH EXCLUSIVE ROUNDTABLE DISCUSSIONS

• The Pearl Initiative and ICD hosted exclusive roundtable discussions to
empower Gulf tech companies,         focusing on enhancing competitiveness and
sustainability in the fintech sector. • Saudi Arabia aims to ...

read more


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.

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.

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DO BUSINESS WITH US

E-learning

Corporate Procurement

Application


SOCIAL FEEDS

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ISDB GROUP


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