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Islamic Corporation for the Development of the Private Sector (ICD)

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Islamic Corporation for the Development of the Private Sector (ICD)

Islamic Corporation for the Development of the Private Sector (ICD)

The Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank (IsDB) Group, is a multilateral financial institution established in 1999. ICD promotes economic development in member countries by financing private sector projects, fostering competition…

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  • CORRECTION: Islamic Corporation for the Development of the Private Sector (ICD) and the Islamic Republic of Mauritania sign cooperation framework to advance private sector development and strategic investment Source: Islamic Corporation for the Development of the Private Sector (ICD) | Mar 13, 2026 CORRECTION: Islamic Corporation for the Development of the Private Sector (ICD) and the Islamic Republic of Mauritania sign cooperation framework to advance private sector development and strategic investment

    An important part of the MoU is ICD's continued engagement, on a strictly non-binding and best-effort basis, to arrange a Shariah-compliant syndicated or club financing facility for a proposed mining project of strategic importance

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  • Islamic Corporation for the Development of the Private Sector (ICD) and the Islamic Republic of Mauritania sign cooperation framework to advance private sector development and strategic investment Source: Islamic Corporation for the Development of the Private Sector (ICD) | Mar 12, 2026 Islamic Corporation for the Development of the Private Sector (ICD) and the Islamic Republic of Mauritania sign cooperation framework to advance private sector development and strategic investment

    A central pillar of the MoU is ICD's commitment, on a non-binding and best-effort basis, to arrange a Shariah-compliant syndicated or club financing facility of up to USD 900 million in favor of Mauritania Saudi Mining and Steel S.A. (Takamul)

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  • The Islamic Corporation for the Development of the Private Sector (ICD) Participates in Saudi Telecom Company's USD 2.0 Billion Dual Tranche Sukuk Issuance Source: Islamic Corporation for the Development of the Private Sector (ICD) | Jan 19, 2026 The Islamic Corporation for the Development of the Private Sector (ICD) Participates in Saudi Telecom Company's USD 2.0 Billion Dual Tranche Sukuk Issuance

    The transaction's competitive pricing underscores market recognition of STC's operational excellence, digital transformation agenda, and alignment with Saudi Vision 2030

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  • Islamic Corporation for the Development of the Private Sector (ICD) Strengthens Partnership with Coris Bank International Benin through EUR 25 Million Shariah-Compliant Line of Financing to Boost Small and Medium Enterprises (SME) Development Source: Islamic Corporation for the Development of the Private Sector (ICD) | Jan 08, 2026 Islamic Corporation for the Development of the Private Sector (ICD) Strengthens Partnership with Coris Bank International Benin through EUR 25 Million Shariah-Compliant Line of Financing to Boost Small and Medium Enterprises (SME) Development

    This strategic financing facility will enable CBI Benin to provide much-needed capital to SMEs and corporate clients across Benin, supporting the country's economic diversification efforts and private sector development

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  • The Islamic Corporation for the Development of the Private Sector (ICD) extends USD 20 million Islamic financing to expand Jordan’s non-woven fabrics industry Source: Islamic Corporation for the Development of the Private Sector (ICD) | Jan 02, 2026 The Islamic Corporation for the Development of the Private Sector (ICD) extends USD 20 million Islamic financing to expand Jordan’s non-woven fabrics industry

    The financing will enable API to acquire cutting-edge Spunlace technology, enhancing production efficiency and product diversification

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ICDPS
IsDB Group Governors Reception/Luncheon

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