Islamic Corporation for the Development of the Private Sector (ICD)
  • Multimedia content

  • Images (1)
    • Islamic Corporation for the Development of the private sector (ICD) Signs Line of Finance Agreements with Four Uzbekistan Banks
  • All (1)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Islamic Corporation for the Development of the private sector (ICD) Signs Line of Finance Agreements with Four Uzbekistan Banks

The agreements were signed in Tashkent, Republic of Uzbekistan, during the Annual Meetings of the Islamic Development Bank (IsDB)

The Islamic Corporation for the Development of the private sector (ICD) (www.ICD-ps.org), 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 LoF of $10 million for Kapitalbank, $10 million for…

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

ICD and AIH Signed a Collaboration MoU to Develop and Strengthen the Azerbaijan Private Sector

Under the MoU both parties will co-operate in exploring the possibility of supporting the companies under AIH portfolio for the potential issuance of sukuk

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), and Azerbaijan Investment Holding (AIH) have signed a Memorandum of Understanding (MoU) to establish a framework of cooperation between the two parties for the furtherance of their…

Islamic Corporation for the Development of the Private Sector (ICD)
  • Multimedia content

  • Images (2)
    • ICD’s Event Discusses Ways to Promote Cross-Border Disruptive Financial Services (1)
    • ICD’s Event Discusses Ways to Promote Cross-Border Disruptive Financial Services (2)
  • All (2)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

ICD’s Event Discusses Ways to Promote Cross-Border Disruptive Financial Services

ICD also aimed to update solution providers and executers with the latest regulations and policy updates

The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org), a member of the Islamic Development Bank Group (IDBG), organized a side event titled “Role of ICD’s Bridge Platform in Digitalization and Restoring businesses after COVID-19 pandemic” On 3rd September 2021. ICD objective behind the event was to…

Islamic Corporation for the Development of the Private Sector (ICD)
  • Multimedia content

  • Images (1)
    • Islamic Corporation for the Development of the Private Sector (ICD) and AzerGold Sign a Memorandum of Understanding
  • All (1)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Islamic Corporation for the Development of the Private Sector (ICD) and AzerGold Sign a Memorandum of Understanding

The cooperation aims at exploring the possibility of Sukuk issuance in order to meet growing demand for AzerGold project financing requirements

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 AzerGold, a closed joint-stock company in the Republic of Azerbaijan, signed a Memorandum of Understanding (“MoU”) during the 46th IsDB Annual Meeting in Tashkent, Uzbekistan on 02…

Islamic Corporation for the Development of the Private Sector (ICD)
  • Multimedia content

  • Images (1)
    • Islamic Corporation for the Development of the Private Sector (ICD) and Sanoat Qurilish Bank (SQB) Sign a Collaboration MoU to Develop and Strengthen the Private Sector in Uzbekistan
  • All (1)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Islamic Corporation for the Development of the Private Sector (ICD) and Sanoat Qurilish Bank (SQB) Sign a Collaboration MoU to Develop and Strengthen the Private Sector in Uzbekistan

The MoU was signed by Mr. Ayman Amin Sejiny, CEO of ICD and Mr. Sakhi Annaklichev, Chairman of the Board of SQB

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), and Sanoat Qurilish Bank (SQB) have signed a Memorandum of Understanding (MoU) to establish a framework of cooperation between the two parties for the furtherance of their…

Islamic Corporation for the Development of the Private Sector (ICD)
  • Multimedia content

  • Images (2)
    • Signing of a Line of Financing agreement between the Islamic Corporation for the Development of the Private Sector (ICD) and Jaiz Bank-Nigeria (1)
    • Signing of a Line of Financing agreement between the Islamic Corporation for the Development of the Private Sector (ICD) and Jaiz Bank-Nigeria (2)
  • All (2)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Signing of a Line of Financing agreement between the Islamic Corporation for the Development of the Private Sector (ICD) and Jaiz Bank-Nigeria

ICD’s LOF facility will help to expand Jaiz Bank’s customer base by provision of Shariah-compliant financing

Mr. Ayman Sejiny, the CEO of the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org), the private sector arm of IsDB Group, and Mr. Hassan Usman, the Managing Director & CEO of Jaiz Bank-Nigeria, signed a USD 25 Million Shariah-compliant Line of financing (LoF) agreement to support…

Islamic Corporation for the Development of the Private Sector (ICD)
  • Multimedia content

  • Images (1)
    • Signing of the Line of Financing agreement between the Islamic Corporation for the Development of the Private Sector (ICD) and Banque Nationale pour le Développement Economique (BNDE)-Senegal
  • All (1)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Signing of the Line of Financing agreement between the Islamic Corporation for the Development of the Private Sector (ICD) and Banque Nationale pour le Développement Economique (BNDE)-Senegal

The facility comes under the allocation of ICD’s USD 200 Mn COVID-19 Line of Financing Support Package to support the private sector affected by the pandemic

Mr. Ayman Sejiny, the CEO of The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org), the private sector arm of IsDB Group, and Mr. Thierno SY, the CEO of the Banque Nationale pour le Developpement Economique (BNDE)-Senegal, signed a EUR 12 Million Shariah-compliant Line of financing agreement…

Islamic Corporation for the Development of the Private Sector (ICD)
  • Multimedia content

  • Images (1)
    • Signing of the Advisory Services Agreement between the Islamic Corporation for the Development of the Private Sector (ICD) and Orient Finans Bank, Uzbekistan
  • All (1)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Signing of the Advisory Services Agreement between the Islamic Corporation for the Development of the Private Sector (ICD) and Orient Finans Bank, Uzbekistan

The intended Islamic Window will create an opportunity for Orient Finans Bank to be one of the foremost wholly profit-sharing Islamic Windows

Mr. Ayman Amin Sejiny, the CEO of the Islamic Corporation for the Development of the Private Sector (www.ICD-PS.org), the private sector arm of the Islamic Development Bank Group, and Mr. Tokhir Djunaydullaev, Chairman of the Board of Orient Finans Bank, signed an Advisory Services Agreement in relation to launching of an…

Islamic Corporation for the Development of the Private Sector (ICD)
  • Multimedia content

  • Images (1)
    • Islamic Corporation for the Development of the Private Sector (ICD) and Federation of Egyptian Industries (FEI) sign a collaboration MoU to develop and strengthen the Egyptian private sector
  • All (1)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Islamic Corporation for the Development of the Private Sector (ICD) and Federation of Egyptian Industries (FEI) sign a collaboration MoU to develop and strengthen the Egyptian private sector

Under the MoU both parties will co-operate in exploring the possibility of supporting the introduction of ICD’s programs to FEI member enterprises in Egypt

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), and the Federation of Egyptian Industries (FEI) have signed a Memorandum of Understanding (MoU) to establish a framework of cooperation between the two parties for the furtherance…

Islamic Corporation for the Development of the Private Sector (ICD)
  • Multimedia content

  • Images (1)
    • Islamic Corporation for the Development of the Private Sector (ICD), Da Afghanistan Bank and Afghanistan Banks Association (ABA) Support in Transforming the Islamic Finance Industry in Afghanistan
  • All (1)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Islamic Corporation for the Development of the Private Sector (ICD), Da Afghanistan Bank and Afghanistan Banks Association (ABA) Support in Transforming the Islamic Finance Industry in Afghanistan

Highlighting their roles to increase understanding of the Islamic economy and funding, and the conversion of banks in Afghanistan into full-fledged Islamic banks

A webinar was held today jointly by the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org) and Afghanistan Banks Association (ABA), in collaboration with Da Afghanistan Bank (Central Bank). The webinar was organized with the support of the Islamic Development Bank Group Business Forum “THIQAH” (a function…