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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), Da Afghanistan Bank and Afghanistan Banks Association (ABA) Support in Transforming the Islamic Finance Industry in Afghanistan
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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…

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

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    • The Islamic Corporation for the Development of the Private Sector and the Arab Tourism Organization sign a Memorandum of Understanding and Cooperation
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Source: Islamic Corporation for the Development of the Private Sector (ICD) |

The Islamic Corporation for the Development of the Private Sector and the Arab Tourism Organization sign a Memorandum of Understanding and Cooperation

Memorandum fulfils the objectives of the ICD, aiming at enhancing and improving the structures and mechanisms of cooperation among the member countries of the Organization of Islamic Cooperation

Under the patronage of His Excellency Dr. Bandar bin Fahd Al Fahid, President of the Arab Tourism Organization (ATO) - Mr. Ayman Amin Sejiny, CEO of the Islamic Corporation for the Development of the Private Sector (ICD) (https://ICD-ps.org), member of the Islamic development Bank Group (IDBG), and His Excellency Mr.…

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

The Republic of Maldives successfully prices its debut sovereign US$200 million 5-year Sukuk issuance

The Senior Unsecured 144A/ Reg S Sukuk will be issued from the recently established Maldives Sukuk Issuance Limited’s US$1.0 billion Trust Certificate Issuance Programme

The Ministry of Finance, on behalf of the Government of the Republic of Maldives, successfully priced a US$200 million debut sovereign Sukuk on 29 March 2021. The country’s first Sukuk issue will have a 5-year maturity and pays a 9.875% semi-annual coupon. The proceeds of the issuance will be used…

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) signs Memorandum of Understanding (MoU) with Aerodyne Group to promote unmanned aerial vehicle (UAV) tech in 57 Countries

The MoU was signed by Ayman Sejiny, the Chief Executive Officer of ICD, and Kamarul A Muhamed, founder and Group Chief Executive Officer of Aerodyne Group

The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org), the private sector arm of Islamic Development Bank (IDB) Group, and Aerodyne Group (Aerodyne) (https://Aerodyne.group), an international artificial intelligence (AI)-driven, drone-based managed solutions provider, today signed a Memorandum of Understanding (MoU), signifying a new milestone in the strategic…

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”) signed a collaboration Memorandum of Understanding (MoU) with FINTERRA PTE LTD (“Finterra”)

During the current Covid-19 global pandemic it is clear that digital channels and online working are increasingly important to financial services and financial inclusion

On DAY and DATE 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 the Islamic Development Bank Group, and Mr. Satesh Khemlani, the Managing Director of Finterra PTE Ltd. (www.FINTERRA.org), signed a Memorandum of  Understanding to…

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) |

Islamic Finance Development Indicator (IFDI) 2019 witnesses shifting dynamics in Islamic finance

Developed markets continue to revise Islamic finance regulations and frameworks

Islamic finance assets grow 3 percent in 2018 to US$ 2.5 trillion; the Sukuk asset class continues strong growth, rising 10 percent in 2018 to US$ 470 billion; developed markets continue to revise Islamic finance regulations and frameworks; Islamic FinTech gained pace with the issuance of blockchain-based micro-Sukuk and a…

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”) and IAP Integrated Sdn Bhd (“IAP Integrated”) signed a collaboration Memorandum of Understanding (MoU) in Kuala Lumpur

The Memorandum of Understanding (MoU) came as a result of an ongoing discussion about future collaboration, between ICD and IAP Integrated

The Islamic Corporation for the Development of the Private Sector (“ICD”) (www.ICD-ps.org) the private sector arm of the Islamic Development Bank (“IsDB”) Group, today inked a collaboration Memorandum of Understanding (MoU) with IAP Integrated Sdn Bhd (“IAP Integrated”) (www.IAPlatform.com), the owner and operator of the Investment Account Platform or IAP.…

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) and Kapitalbank sign a bilateral agreement to develop Islamic Finance in Uzbekistan

The agreement was signed during ICD official visit to Uzbekistan as part of its mandate to explore development opportunities

The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org), signed an agreement to assist Kapitalbank (www.Kapitalbank.uz) with technical advisory services for the establishment of new Islamic banking window. The agreement was signed during ICD official visit to Uzbekistan as part of its mandate to explore development opportunities…