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…

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

Islamic Windows of Coris Bank International pave the way to achieve SDG goal by ensuring financial inclusion and shared prosperity

The aim of Coris Bank is to present its customers with alternative Islamic Banking products and services

Islamic banking is gaining a strong footing in African region with the launching Islamic banking windows of Coris Bank International in Mali, Senegal, Benin and Côte d’Ivoire. May 29, 2018, the official launching of Coris Bank Baraka Senegal took place in the presence of the Islamic Corporation for the Development…

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) highlighted the role of small-and-medium-sized enterprises (SMEs) as engine of growth and sustainable development during the 43rd Annual Meeting of Islamic Development Bank Group

ICD also informed developmental partners on practices and tools to be used for designing SME resilience support programs

The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org) held interactive sessions during the IsDB group (www.IsDB-pilot.org) private sector forum alongside with IsDB Group 43rd Annual Meeting in the Four Seasons Hotel. The event entitled “The SMEs: engine of growth and sustainable development”, raised awareness with regard…