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) Board of Directors names Mr Ayman Sejiny as General Manager (CEO)

Mr. Ayman Amin Sejiny is highly accomplished financial industry leader

The Board of Directors of the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org) in its 91st Meeting held on 3/9/2018 approved appointment of Mr. Ayman Amin Sejiny, as General Manager (CEO) of ICD. Dr. Bandar Hajjar, the President of IsDB and Chairman of ICD Board of…

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

Signing of the Memorandum of Understanding between the Islamic Corporation for the Development of the Private Sector (ICD) and Joint-Stock Commercial Bank Uzbek Industrial and Construction Bank, Uzbekistan

The Shari’ah compliant Line of Financing facility will be utilised by Uzbek Industrial and Construction Bank (UzICB) to provide financial support to private sector, including Small and Medium Enterprises (SME) in Uzbekistan through Islamic modes of financing

On behalf of the Acting CEO and General Manager of the Islamic Corporation for the Development of the Private sector (ICD) (www.ICD-ps.org), Mr. Najmul Hassan and the Chairman of the Management Board of the Joint-Stock Commercial Bank Uzbek Industrial and Construction Bank (UzICB), Mr. Sakhi Annaklichev signed a Memorandum of…

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

Signing of the Memorandum of Understanding between the Islamic Corporation for the Development of the Private Sector (ICD) and Joint-Stock Commercial Bank Turonbank, Uzbekistan

The Shari’ah compliant Line of Financing facility will be utilised by Turonbank to provide financial support to private sector, including Small and Medium Enterprises (SME) in Uzbekistan through Islamic modes of financing

On behalf of the Acting CEO and General Manager of the Islamic Corporation for the Development of the Private sector (ICD) (www.ICD-ps.org), Mr. Najmul Hassan and the Chairman of the Management Board of the Joint-Stock Commercial Bank Turonbank (Turonbank), Mr. Mirzaev Chori signed a Memorandum of Understanding on exploring the…

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

Signing of the Memorandum of Understanding between the Islamic Corporation for the Development of the Private Sector (ICD) and Joint-Stock Commercial Bank Kapitalbank, Uzbekistan

The Shari’ah compliant Line of Financing facility will be utilised by Kapitalbank to provide financial support to private sector, including Small and Medium Enterprises (SME) in Uzbekistan through Islamic modes of financing

On behalf of the Acting CEO and General Manager of the Islamic Corporation for the Development of the Private sector (ICD) (www.ICD-ps.org), Mr. Najmul Hassan and the Chairman of the Management Board of the Joint-Stock Commercial Bank Kapitalbank (Kapitalbank), Mr. Karimbayev Sherzod signed a Memorandum of Understanding on exploring the…

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

Signing of the Memorandum of Understanding between the Islamic Corporation for the Development of the Private Sector (ICD) and Joint-Stock Commercial Bank “Hamkorbank”, Uzbekistan

The Shari’ah compliant Line of Financing facility will be utilised by Hamkorbank to provide financial support to private sector, including Small and Medium Enterprises (SME) in Uzbekistan through Islamic modes of financing

On behalf of the Acting CEO and General Manager of the Islamic Corporation for the Development of the Private sector (ICD) (www.ICD-ps.org), Mr. Najmul Hassan and the First Deputy Chairman of the Management Board of the Joint-Stock Commercial Bank “Hamkorbank” (Hamkorbank), Mr. Alisher Mirzaev signed a Memorandum of Understanding on…

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

Signing of the Memorandum of Understanding between the Islamic Corporation for the Development of the Private Sector (ICD) and Joint-Stock Commercial Bank “Asia Alliance Bank”, Uzbekistan

The Shari’ah compliant Line of Financing facility will be utilised by Asia Alliance Bank to provide financial support to private sector, including Small and Medium Enterprises (SME) in Uzbekistan through Islamic modes of financing

On behalf of the Acting CEO and General Manager of the Islamic Corporation for the Development of the Private sector (ICD) (www.ICD-ps.org), Mr. Najmul Hassan and the First Deputy Chairman of the Board of the Joint-Stock Commercial Bank “Asia Alliance Bank” (Asia Alliance Bank), Mr. Umitjon Khakimov signed a Memorandum…

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

Signing of the Memorandum of Understanding for up to USD 7.5 Million Line of Financing between the Islamic Corporation for the Development of the Private Sector (ICD) and the Joint-Stock Commercial Bank “ASAKA”, Uzbekistan

The USD 7.5 million Shari’ah compliant Line of Financing facility will be utilised by Bank ASAKA to provide financial support to private sector, including Small and Medium Enterprises (SME) in Uzbekistan through Islamic modes of financing

On behalf of the Acting CEO and General Manager of the Islamic Corporation for the Development of the Private sector (ICD) (www.ICD-ps.org), Mr. Najmul Hassan and the First Deputy Chairman of the Board of the Joint-Stock Commercial Bank “ASAKA” (Bank ASAKA), Mr. Rustam Kasimov signed a Memorandum of Understanding for…

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

PT Bank Pembangunan Daerah Nusa Tenggara Barat (PT Bank NTB Syariah) has Successfully Converted into a Full-Fledged Syariah Bank in Indonesia

The Islamic Banking Industry in Indonesia has seen a new boost with the entrance of PT Bank NTB Syariah. The bank has successfully converted from a conventional bank into a full-fledged Syariah bank which has been officially launched today September 13, 2018! The launching ceremony took place in Mataram, Indonesia,…

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

Signing of the USD 7 Million Line of Financing agreement between the Islamic Corporation for the Development of the Private Sector (ICD) and Joint-Stock Commercial Bank Invest Finance Bank, Uzbekistan

The USD 7 million Shari’ah compliant Line of Financing facility will be utilised by InFinBank to provide financial support to private sector

The Acting Chief Executive Officer of the Islamic Corporation for the Development of the Private sector (ICD) (www.ICD-PS.org), Mr. Najmul Hassan and the Chairman of the Management Board of the Joint-Stock Commercial Bank Invest Finance Bank (InFinBank), Mr. Bobir Burkhanov signed a Line of financing agreement for a USD 7…

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

Signing of the USD 7 Million Line of Financing agreement between the Islamic Corporation for the Development of the Private Sector (ICD) and Private Joint-Stock Trustbank, Uzbekistan

This USD 7 million financing is a first Shariah compliant Line facility for Trustbank

The Acting Chief Executive Officer of the Islamic Corporation for the Development of the Private sector (ICD) (www.ICD-PS.org), Mr. Najmul Hassan and the Chairman of the Management Board of the Private Joint-Stock Trustbank (Trustbank) (https://Trustbank.uz/en/), Mr. Sardor Normukhamedov signed a Line of financing agreement for a USD 7 million facility…