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

IsDBI and Islamic Corporation for the Development of the Private Sector (ICD) Organize Training Programs for 4 Uzbek Commercial Banks Planning to Establish Islamic Windows

The training programs were delivered in the local Uzbek language from 24 January to 25 February 2022 by experienced Islamic Finance experts

Back-to-back training programs for four conventional banks on “Islamic Banking and Finance: Fundamental Concepts and Applications” have been conducted in Uzbekistan. The programs were developed by the Islamic Development Bank Institute (IsDBI) in collaboration with the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org), the private sector…

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

ICD’s Event Discusses Ways to Promote Cross-Border Disruptive Financial Services

ICD also aimed to update solution providers and executers with the latest regulations and policy updates

The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org), a member of the Islamic Development Bank Group (IDBG), organized a side event titled “Role of ICD’s Bridge Platform in Digitalization and Restoring businesses after COVID-19 pandemic” On 3rd September 2021. ICD objective behind the event was to…

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) |

Aktif Bank starts to operate in Islamic Leasing in Turkey together with the Islamic Corporation for the Development of the Private Sector (ICD) and Ijara Management Company (IMC)

The Islamic Corporation for the Development of the Private Sector (ICD), Aktif Bank and Ijara Management Company Sign Shareholders Agreement for Joint Strategic Collaboration in Haliç Finansal Kiralama A.S. Haliç Leasing will be able to raise the long-term funds locally and internationally via Sukuk issuances thanks to extensive knowledge of Aktif Bank on capital markets

The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-IDB.org), the private sector arm of the Islamic Development Bank Group (IDB), Aktif Yatırım Bankası A.Ş. (Aktif Bank) (www.AktifBank.com.tr), the largest privately-owned Investment Bank in Turkey and Ijara Management Company (IMC) (www.Ijara.co), a specialized company offering comprehensive solutions for…

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…