Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Islamic Finance Development Indicator (IFDI) 2019 witnesses shifting dynamics in Islamic finance

Developed markets continue to revise Islamic finance regulations and frameworks

Islamic finance assets grow 3 percent in 2018 to US$ 2.5 trillion; the Sukuk asset class continues strong growth, rising 10 percent in 2018 to US$ 470 billion; developed markets continue to revise Islamic finance regulations and frameworks; Islamic FinTech gained pace with the issuance of blockchain-based micro-Sukuk and a…

Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Islamic Finance offers potential for development of the private sector through innovative investments and instruments

Trustbank Amanah and Islamic Corporation for the Development of the Private Sector (ICD) signed new agreements in the form of Memorandum of Understandings

Trustbank Amanah and the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org) , the private sector arm of the Islamic Development Bank Group (IsDBG), organized the "1st Caribbean Islamic Finance Forum" in Suriname on 15th of November 2019, in the Royal Ballroom of Torarica. The forum highlighted the…

Islamic Corporation for the Development of the Private Sector (ICD)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Islamic Corporation for the Development of the Private Sector (“ICD”) and IAP Integrated Sdn Bhd (“IAP Integrated”) signed a collaboration Memorandum of Understanding (MoU) in Kuala Lumpur

The Memorandum of Understanding (MoU) came as a result of an ongoing discussion about future collaboration, between ICD and IAP Integrated

The Islamic Corporation for the Development of the Private Sector (“ICD”) (www.ICD-ps.org) the private sector arm of the Islamic Development Bank (“IsDB”) Group, today inked a collaboration Memorandum of Understanding (MoU) with IAP Integrated Sdn Bhd (“IAP Integrated”) (www.IAPlatform.com), the owner and operator of the Investment Account Platform or IAP.…

Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Signing of the USD 10 Million Line of Financing Agreement between The Islamic Corporation for The Development of The Private Sector (ICD) and the State Bank for Foreign Economic Affairs of Turkmenistan

The USD 10 million Shari’ah compliant Line of Financing facility based on Wakala structure will be utilized by State Bank for Foreign Economic Affairs of Turkmenistan (SBFEAT)

The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org), the private sector arm of the Islamic Development Bank (IsDB), signed a USD 10 Million Line of Financing Agreement with the State Bank for Foreign Economic Affairs of Turkmenistan (SBFEAT). H.E. Mr. Rahimberdi J. Jepbarov, Chairman of SBFEAT)…

Islamic Corporation for the Development of the Private Sector (ICD)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

The Steering Group meeting of International Development Finance Club (IDFC)

The meeting was hosted by the Moroccan Caisse de Dépôt et de Gestion (CDG Group) in Morocco’s economic capital, Casablanca

On 26th June 2019, Mr. Ayman Amin Sejiny, the CEO of ICD, has attended the IDFC Steering Group meeting. The meeting was hosted by the Moroccan Caisse de Dépôt et de Gestion (CDG Group) in Morocco’s economic capital, Casablanca. Mr. Ayman Sejiny delivered opening remarks and expressed his high expectations…

Islamic Corporation for the Development of the Private Sector (ICD)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Islamic Corporation for the Development of the Private Sector (ICD) CEO visits three CIS Countries: Uzbekistan, Kazakhstan and Tajikistan

This is the first official visit of the new CEO of Islamic Corporation for the Development of the Private Sector (ICD) to these countries

Mr. Ayman Seijiny, CEO of the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org) , the private sector arm of the Islamic Development Bank Group (IsDB), and his team composed of Mr. Ikbal Darida, The CEO Adviser and Mr. Samir Nadir Taghiyev, Senior Regional Manager for CIS Region,…

Islamic Corporation for the Development of the Private Sector (ICD)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

The Islamic Corporation for the Development of the Private Sector (ICD) and Kapitalbank sign a bilateral agreement to develop Islamic Finance in Uzbekistan

The agreement was signed during ICD official visit to Uzbekistan as part of its mandate to explore development opportunities

The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org), signed an agreement to assist Kapitalbank (www.Kapitalbank.uz) with technical advisory services for the establishment of new Islamic banking window. The agreement was signed during ICD official visit to Uzbekistan as part of its mandate to explore development opportunities…

Islamic Corporation for the Development of the Private Sector (ICD)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Islamic Corporation for the Development of the Private Sector (ICD) and Private Joint-Stock Bank (PJSB) “Trustbank” met and signed a collaboration Memorandum of Understanding (MoU) in Uzbekistan

The cooperation between Trustbank and ICD started on July 9, 2018, during the visit of the Trustbank’s delegation to Jeddah (Saudi Arabia)

On June 10, 2019, the management of the Private Joint-Stock Bank “Trustbank” (Trustbank.uz/en) welcomed the delegation of the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org), headed by the CEO, Mr. Ayman Sejiny. The meeting was held in the framework of strengthening the cooperation between the two…

Islamic Corporation for the Development of the Private Sector (ICD)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

The Islamic Corporation for the Development of the Private Sector (ICD) announces the signing of a Bilateral Agreement with Mizuho Bank (Malaysia) Berhad

The agreement was signed by Mr. Ayman Sejiny, the Chief Executive Officer of ICD, and Mr. Shojiro Mizoguchi, Chief Executive Officer of Mizuho Bank (Malaysia) Berhad

The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org), the private sector development arm of Islamic Development Bank (IsDB) Group, and Mizuho Bank (Malaysia) Berhad, a subsidiary of Mizuho Bank Ltd. yesterday signed a bilateral agreement, signifying another milestone in the continuous strategic partnership between ICD and…

Islamic Corporation for the Development of the Private Sector (ICD)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

The Islamic Corporation for the Development of the Private Sector (ICD) and The Islamic Research and Training Institute (IRTI) consider entering a Strategic Partnership to deliver High Level Training Programs in Islamic Finance

The Memorandum of Understanding (MoU) envisages cooperation to explore all technical aspects related to Islamic finance that might help the industry

A Memorandum of Understanding (MoU) was signed between, the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org), the private sector arm of Islamic Development Bank (IDB) Group, and The Islamic Research and Training Institute (IRTI) (www.IRTI.org), IsDB Group’s primary organizational unit for the delivery of Islamic Finance…