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Islamic Corporation for the Development of the Private Sector (ICD)

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    • 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
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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…

Islamic Corporation for the Development of the Private Sector (ICD)

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    • Women's Entrepreneurship Training Program in the Fashion Industry (1)
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Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Women's Entrepreneurship Training Program in the Fashion Industry

The Program is tailored and designed to build the capabilities and skills of the participating women entrepreneurs

The Islamic Corporation for the Development of the Private Sector (ICD) (https://ICD-PS.org/en), J.P. Morgan (https://JPMorgan.com) and Nafisa Shams Academy and incubator are announcing the official launching of a joint program for training and incubation in the fashion sector in Saudi Arabia (the “Program”).  The Program is dedicated to women entrepreneurs with…

Islamic Corporation for the Development of the Private Sector (ICD)

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    • Islamic Corporation for the Development of the Private Sector (ICD), Da Afghanistan Bank and Afghanistan Banks Association (ABA) Support in Transforming the Islamic Finance Industry in Afghanistan
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Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Islamic Corporation for the Development of the Private Sector (ICD), Da Afghanistan Bank and Afghanistan Banks Association (ABA) Support in Transforming the Islamic Finance Industry in Afghanistan

Highlighting their roles to increase understanding of the Islamic economy and funding, and the conversion of banks in Afghanistan into full-fledged Islamic banks

A webinar was held today jointly by the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org) and Afghanistan Banks Association (ABA), in collaboration with Da Afghanistan Bank (Central Bank). The webinar was organized with the support of the Islamic Development Bank Group Business Forum “THIQAH” (a function…

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

Refinitiv & Islamic Corporation for the Development of the Private Sector (ICD) 2020 Report: Global Islamic Finance Assets Expected to Hit $ 3.69 trillion in 2024

Islamic finance assets increased 14 percent to US$ 2.88 trillion in 2019, the highest recorded growth for the industry since the global financial crisis

Malaysia, Indonesia, Bahrain, UAE and Saudi Arabia ranked as the top five developed countries globally in Islamic Finance; Indonesia jumped to second place in IFDI ranking backed by government knowledge initiatives; Islamic finance assets increased 14 percent to US$ 2.88 trillion in 2019, the highest recorded growth for the industry…

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) Emergency Response to the Impact of the COVID-19 Pandemic

ICD strongly believes in its member countries’ capability to cope with these adverse impacts of COVID-19 and assures them of ICD’s full support

On 11th March 2020, the World Health Organization (WHO) declared COVID-19 a pandemic. ICD (www.ICD-ps.org) is deeply concerned about the health and well-being of its member countries, valued partners and employees. As we observe the rapidly evolving coronavirus (COVID-19) situation together, ICD wants to update you on the situation and…

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 signs Memorandum of Understanding (MoU) with the A-eTrade Group to advance Africa’s economic transformation under Agenda 2063

The scope of cooperation envisaged in the MoU provides for a landmark contribution to Africa’s economic structural transformation

During the 33rd Ordinary Session of the African Union Head of States Summit, 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, duly represented by Mr. Ikbal Daredia, Senior Advisor to the CEO and…