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

Islamic Corporation for the Development of the Private Sector (ICD), International Association of Islamic Business (IAIB), Sberbank and IsDB Group Business Forum (THIQAH) organized the 1st Russian Islamic Economy Forum in Moscow – Russia (27th February 2018)

The Forum aimed to provide a long-term platform to facilitate business partnerships and develop joint investments, collaboration and trade facilitation

The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org), the private sector arm of IsDB Group (www.IsDB-pilot.org), the International Association of Islamic Business (IAIB) and Sberbank of Russia, in close cooperation with the IsDB Group Business Forum (THIQAH) (www.IDBGBF.org) and KPMG have organized the 1st Russian Islamic…

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

SBERBANK of Russia signs Memorandum of Understanding with Islamic Corporation for the Development of the Private Sector (ICD) to develop and offer Islamic finance products to its clients

ICD, strong with its experience in Islamic finance, will help share its knowledge to develop the corporate, retail and private banking

SBERBANK of Russia (SBR) (www.SBERBANK.ru/en) Moscow today signed a Memorandum of Understanding (MOU) with 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 (www.IsDB-pilot.org), to help SBR’s clients access Islamic finance products.   SBR provides its services…

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

ICD Signs MOU with RKDF to cooperate in identifying projects that need financing

The MoU envisages enhancing trade and investment opportunities in the country through co-financing and co-investments

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, has signed Memorandum of Understanding (MOU) with Russian-Kyrgyz Development Fund (RKDF) in order to identify projects and programmes for financing and co-financing in financial sector in accordance with…

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 International Association of Islamic Business (IAIB) sign a MoU to cooperate in the development of private sector

The two institutions are determined to collaborate on introducing Islamic banking products in Russia by attracting banks operating in accordance with Islamic principles and lobbying for changes in Russian banking legislation to incorporate Islamic banking

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 International Association of Islamic Business (IAIB), signed a Memorandum of Understanding (MoU) to explore possible avenues for collaboration in enhancing business relations between entrepreneurs from Islamic countries 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…