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

  • Images (2)
    • Signing of a Line of Financing agreement between the Islamic Corporation for the Development of the Private Sector (ICD) and Jaiz Bank-Nigeria (1)
    • Signing of a Line of Financing agreement between the Islamic Corporation for the Development of the Private Sector (ICD) and Jaiz Bank-Nigeria (2)
  • All (2)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Signing of a Line of Financing agreement between the Islamic Corporation for the Development of the Private Sector (ICD) and Jaiz Bank-Nigeria

ICD’s LOF facility will help to expand Jaiz Bank’s customer base by provision of Shariah-compliant financing

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 IsDB Group, and Mr. Hassan Usman, the Managing Director & CEO of Jaiz Bank-Nigeria, signed a USD 25 Million Shariah-compliant Line of financing (LoF) agreement to support…

Islamic Corporation for the Development of the Private Sector (ICD)
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 Nigerian 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 Jaiz Bank (www.JaizBankPLC.com), SunTrust Bank (www.SunTrustNG.com) and Wema Bank (www.WemaBank.com) signed a Line of financing agreements for a USD 20 million, USD 10 Million and USD 20 Million respectively. The USD 50 million Line of financing facility…

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

Third Africa Islamic Finance Forum Confirmed for Nigeria March 2018

This exclusive, invitation-only event is designed specifically for the benefit of local and international market players to explore development opportunities in Islamic finance in Africa

Following the huge success of its first and second editions in 2016 which attracted over 420 delegates, the 3rd Africa Islamic Finance Forum (www.Africa-IF.com) will return 27-28 March, located at the Federal Palace Hotel, Lagos Nigeria hosted by the Ministry of Finance Nigeria in collaboration with the Islamic Corporation for…

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 SunTrust Bank Nigeria Limited (SBN) sign an agreement to cooperate to establish a new non-interest banking window

The two institutions are determined to collaborate and facilitate information and expertise exchange

The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org), the private arm of Islamic Development Bank Group (IDBG), and Suntrust Bank Nigeria Limited (SBN), signed an agreement to establish a new Non-interest banking window in SBN in Nigeria. The two institutions are determined to collaborate and facilitate…

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)
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…