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

Africa Islamic Finance Forum 2016

The Africa Islamic Finance Forum 2016 provided an unparalleled platform for networking opportunities as well as the centre stage to be at the very forefront of Africa’s flourishing Islamic finance sector

On 17th and 18th October 2016, the second edition of the Africa Islamic Finance Forum took place at the Sofitel Abidjan Hotel Ivoire. The forum is designed specifically for the benefit of local and international market players to explore development opportunities in Islamic finance in Africa – concentrating on building…

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

The BRVM becomes the 1st Stock Market for Islamic Finance in Africa with Five Sukuk Listings amounting to 766 Billion FCFA (1.3 Billion USD)

The Regional Stock Exchange (BRVM) admitted in its listing the first five Sukuks issued by Côte d'Ivoire, Senegal and Togo, on the sidelines of the 2nd Forum on Islamic Finance in Africa held in Abidjan

The first listing reflects the commitment of the BRVM (www.BRVM.org/) for the development of Islamic finance in the Regional Financial Market WAEMU. It will enhance the attractiveness and liquidity of its Islamic bonds, particularly for individual holders, while ensuring the success of future issuances by WAEMU States. Sukuks are innovative…

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

Afriland First Bank and the Islamic Corporation for the Development of the Private Sector (ICD) have signed an agreement to create an Islamic Window in Ivory Coast

The cooperation reflects ICD’s ambition to promote Islamic Finance in its member countries, and support its growing presence and activities in Africa

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, in partnership with Afriland First Bank Ivory Coast (www.AfrilandFirstBank.com), a  Pan-African full service bank, have signed agreement in which both parties will cooperate to establish an Islamic Window…

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

ICD supports Ivory Coast to successfully Issue the largest West African Sovereign Sukuk

The Islamic Corporation for the Development of the Private Sector (“ICD”), an arm of the Jeddah-based Islamic Development Bank, acted as the Lead Arranger.

On 21st December 2015 the Republic of Côte d’Ivoire, acting through the Ministry of Economy and Finance, closed an inaugural local currency, CFA 150 Billion (USD 244 million) Sukuk al-Ijara (“Sukuk”). The Islamic Corporation for the Development of the Private Sector (“ICD”) (http://www.ICD-idb.org), an arm of the Jeddah-based Islamic Development…

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

The Inaugural Africa Islamic Finance Forum by the Cote d’Ivoire Government and the Islamic Corporation for the Development of Private Sector (ICD)

The two-day event will feature extensive discussions capitalizing on investment opportunities in key African markets

To be held on the 17th and 18th September at the Sofitel Abidjan Hotel Ivoire, the inaugural Africa Islamic Finance Forum 2015 is designed specifically for the benefit of local and international market players to explore the development opportunities in Islamic finance both in the Cote d’Ivoire, locally and regionally…

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

New report from ICD unveils encouraging Islamic finance prospects in Africa

The new report was released during the Africa Islamic Finance Forum 2015 in Abidjan

A newly-released report “Islamic Finance in Africa: A Promising Future” by the Islamic Corporation for the Development of the Private Sector (ICD) takes an in-depth look at the tremendous growth opportunities for Islamic finance to flourish in the region. The new report was released during the Africa Islamic Finance Forum…