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

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

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

The Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank (IsDB) Group, is a multilateral financial institution established in 1999. ICD promotes economic development in member countries by financing private sector projects, fostering competition…

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  • The Islamic Corporation for the Development of the Private Sector (ICD) Participates in Saudi Telecom Company's USD 2.0 Billion Dual Tranche Sukuk Issuance Source: Islamic Corporation for the Development of the Private Sector (ICD) | Jan 19, 2026 The Islamic Corporation for the Development of the Private Sector (ICD) Participates in Saudi Telecom Company's USD 2.0 Billion Dual Tranche Sukuk Issuance

    The transaction's competitive pricing underscores market recognition of STC's operational excellence, digital transformation agenda, and alignment with Saudi Vision 2030

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  • Islamic Corporation for the Development of the Private Sector (ICD) Strengthens Partnership with Coris Bank International Benin through EUR 25 Million Shariah-Compliant Line of Financing to Boost Small and Medium Enterprises (SME) Development Source: Islamic Corporation for the Development of the Private Sector (ICD) | Jan 08, 2026 Islamic Corporation for the Development of the Private Sector (ICD) Strengthens Partnership with Coris Bank International Benin through EUR 25 Million Shariah-Compliant Line of Financing to Boost Small and Medium Enterprises (SME) Development

    This strategic financing facility will enable CBI Benin to provide much-needed capital to SMEs and corporate clients across Benin, supporting the country's economic diversification efforts and private sector development

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  • The Islamic Corporation for the Development of the Private Sector (ICD) extends USD 20 million Islamic financing to expand Jordan’s non-woven fabrics industry Source: Islamic Corporation for the Development of the Private Sector (ICD) | Jan 02, 2026 The Islamic Corporation for the Development of the Private Sector (ICD) extends USD 20 million Islamic financing to expand Jordan’s non-woven fabrics industry

    The financing will enable API to acquire cutting-edge Spunlace technology, enhancing production efficiency and product diversification

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  • Empowering Uzbek Small and Medium Enterprises (SMEs): Islamic Corporation for the Development of the Private Sector (ICD) Provides $10 Million Line of Financing to Anor Bank for SME Financing in Uzbekistan Source: Islamic Corporation for the Development of the Private Sector (ICD) | Dec 28, 2025 Empowering Uzbek Small and Medium Enterprises (SMEs): Islamic Corporation for the Development of the Private Sector (ICD) Provides $10 Million Line of Financing to Anor Bank for SME Financing in Uzbekistan

    This pioneering transaction establishes ICD as the first multilateral development bank to provide a Line of Finance to Anor Bank, creating a strategic cornerstone for accelerating private sector growth in Uzbekistan

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  • The Islamic Corporation for the Development of the Private Sector (ICD) successfully closed the first ever Shariah-compliant medium-term syndicated financing facility for AKLease to boost leasing to Small and Medium Enterprises (SMEs) and private sector growth in Türkiye Source: Islamic Corporation for the Development of the Private Sector (ICD) | Nov 10, 2025 The Islamic Corporation for the Development of the Private Sector (ICD) successfully closed the first ever Shariah-compliant medium-term syndicated financing facility for AKLease to boost leasing to Small and Medium Enterprises (SMEs) and private sector growth in Türkiye

    The 3-year Commodity Murabaha facility was arranged by ICD as the Mandated Lead Arranger, Bookrunner, and Investment Agent, with Al Salam Bank B.S.C. joining as a Joint Lead Arranger

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ICDPS
IsDB Group Governors Reception/Luncheon

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