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 Sub Saharan African Banks

ICD is now focusing on increasing access to funding to the private sector by channeling the funds to established financial institutions in its member countries

The Islamic Corporation for the Development of the Private sector (ICD) (www.ICD-PS.org)  and Afriland First Group, Banque Islamique du Senegal, EBID, BSIC Mali and Coris Bank Mali signed a Line of financing agreements for a Euro 45 million, Euro 50 Million, Euro 25 Million, Euro 9 Million and Euro 6…

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

ICD and Afriland First Bank cooperate to establish an Islamic window in Guinea

The new Islamic banking window is a special opportunity to breed a new generation of entrepreneurs in Guinea

The Islamic Corporation for the Development of the Private Sector (“ICD”) (www.ICD-ps.org), the private sector arm of IDB Group, and Afriland First Bank Guinea (www.AfrilandFirstBank-gn.com) have entered into a Joint Strategic Collaboration to establish an Islamic window in Guinea. The MoU was signed by Mr. Khaled Al-Aboodi CEO of ICD…