Islamic Corporation for the Development of the Private Sector (ICD)
  • Multimedia content

  • Images (1)
    • International Islamic Trade Finance Corporation (ITFC) and Islamic Corporation for the Development of the Private Sector (ICD) sign a Memorandum of Understanding (MOU) with the Kingdom of Morocco
  • All (1)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

International Islamic Trade Finance Corporation (ITFC) and the Islamic Corporation for the Development of the Private Sector (ICD) sign a Memorandum of Understanding (MOU) with the Kingdom of Morocco

ITFC intends to provide financing of up to $100 million to support the import of strategic goods and enhance the efforts of Moroccan companies in the export sector

The memorandum aims to provide a general framework that facilitates cooperation between the parties and enhances economic and social development capabilities; ITFC intends to provide financing of up to $100 million to support the import of strategic goods and enhance the efforts of Moroccan companies in the export sector; A…

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) |

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) |

Islamic Finance Development Report and Indicator (IFDI) 2017 sees Islamic finance play a larger role in sustaining economic growth

The IFDI global average value, which acts as a barometer of the overall industry’s development, recovered to 9.9 in 2017 from 8.8 in 2016

Islamic finance assets grew 7% to US$ 2.2 trillion in 2016 Assets projected to reach US$ 3.8 trillion by 2022 Recovery in performance of all Islamic finance sectors as oil prices pick up Governments enhancing regulation to strengthen different areas of the industry Islamic financial institutions looking to consolidation and…

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

IFDI 2016 highlights resilient growth in the Islamic finance industry

Global Islamic finance development, as measured by the IFDI global average value, declined to 8.8 in 2016 from 9.9 in 2015

Islamic finance assets grew 7% hitting US$ 2 trillion at the end of 2015 2015’s drop in oil prices took a toll on the performance of financial institutions 622 institutions provided Islamic finance education in 2015 35 countries practise Islamic finance regulation in 2015 Thomson Reuters (www.ThomsonReuters.com), the world's leading…

Islamic Corporation for the Development of the Private Sector (ICD)
  • Multimedia content

  • Images (1)
    • The Islamic Corporation for the Development of the Private Sector (ICD) is organizing the ninth meeting of The International Development Finance Club (IDFC) “the Club Sherpas”
  • All (1)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

The Islamic Corporation for the Development of the Private Sector (ICD) is organizing the ninth meeting of The International Development Finance Club (IDFC) “the Club Sherpas”

The Islamic Corporation for the Development of the Private Sector (ICD) is organizing on February 29 and March 1, 2016 the ninth meeting of The International Development Finance Club (IDFC) “the Club Sherpas” in the regional office of Islamic Development Bank Group (IDB) in Rabat, Morocco and IDB Group Business…

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…