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

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    • Launch of Islamic Corporation for the Development of the Private Sector (ICD) - London Stock Exchange Group (LSEG) Islamic Finance Development Report 2023: Navigating Uncertainty
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Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Launch of Islamic Corporation for the Development of the Private Sector (ICD) - London Stock Exchange Group (LSEG) Islamic Finance Development Report 2023: Navigating Uncertainty

Global Islamic finance assets expected to reach US$6.7 trillion by 2027

Green and sustainability Sukuk represents a key theme at COP28; Global ESG Sukuk issuance totaled US$8.4 billion in 2022; Growth of total Islamic finance assets by 11% to US$4.5 trillion in 2022; Malaysia, Saudi Arabia, and Indonesia lead Islamic finance development; US$788 billion total global Sukuk outstanding last year; Multiple growth channels to drive Islamic…

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

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    • IsDBI and Islamic Corporation for the Development of the Private Sector (ICD) Organize Training Programs for 4 Uzbek Commercial Banks Planning to Establish Islamic Windows
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Source: Islamic Corporation for the Development of the Private Sector (ICD) |

IsDBI and Islamic Corporation for the Development of the Private Sector (ICD) Organize Training Programs for 4 Uzbek Commercial Banks Planning to Establish Islamic Windows

The training programs were delivered in the local Uzbek language from 24 January to 25 February 2022 by experienced Islamic Finance experts

Back-to-back training programs for four conventional banks on “Islamic Banking and Finance: Fundamental Concepts and Applications” have been conducted in Uzbekistan. The programs were developed by the Islamic Development Bank Institute (IsDBI) in collaboration with the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org), the private sector…

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

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    • ICD’s Event Discusses Ways to Promote Cross-Border Disruptive Financial Services (1)
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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)

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

United Nations Resident Coordinator Office signs Letter of Understanding with Islamic Corporation for the Development of the Private Sector (ICD)

To conduct a study on the potential of Awqaf in contributing to the achievement of Saudi Arabia’s National Transformation Programme (NTP) and the United Nations Sustainable Development Goals (SDGs)

On Thursday 23, April 2020 Mrs. Nathalie Fustier from The United Nations Resident Coordinator in the Kingdom of Saudi Arabia (KSA) and Mr. Ayman Sejiny, the CEO of the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of Islamic Development Bank Group, signed a…

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) |

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) |

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…