Golden Global Investment Bank Signs Letter of Intent for $20M Line of Finance from the Islamic Development Bank Group

The line will be utilized by Golden Global Investment Bank for onward financing of eligible private sector projects in Türkiye

Negotiations between the Islamic Corporation for the Development of the Private Sector (ICD) (https://ICD-ps.org) and Golden Global Investment Bank have successfully concluded with the signing of a letter of intent, for the proposed extension of a USD 20 million line of finance facility, during the IsDB Group's 2024 Private Sector…

Islamic Corporation for the Development of the Private Sector (ICD), S&P Global Ratings join hands to host webinar on ‘Islamic Finance and Sukuk Markets'

The webinar focused on emerging markets to explore the effective tools for Sustainable Development in Commonwealth of Independent States (CIS) countries and Turkey

The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org), the private sector arm of the Islamic Development Bank (IsDB), S&P Global Ratings in collaboration with the Islamic Development Bank Group Business Forum (THIQAH), jointly organized a webinar titled: “The Islamic Finance and Sukuk Markets” on Wednesday, June 2, 2021.…

Signing of the USD 10 Million Line of Financing agreement between the Islamic Corporation for the Development of the Private Sector (ICD) and Micro-Credit Company Mol Bulak Finance from Kyrgyz Republic

The financial support to micro-entrepreneurs in Kyrgyzstan will contribute to poverty reduction, increase level of employment, and assist in the development of entrepreneurship and social mobilization

The Chief Executive Officer of the Islamic Corporation for the Development of the Private sector (ICD) (www.ICD-ps.org), the private sector arm of IsDB Group (www.IsDB.org), Mr. Khaled Al-Aboodi, and the Chief Executive Officer of the Micro-Credit Company Mol Bulak Finance (Mol Bulak), Mr. Babyrzhan Tolbaev, signed a Line of financing…

The Islamic Corporation for the Development of the Private Sector (ICD), Türkiye Wealth Fund and Catalyst Group cooperate to develop mortgage sector of Turkey

The collaboration will focus on identifying specific primary and secondary market interventions which have multiplying effects on the economy and act as an enabler to home ownership

Türkiye Wealth Fund (“TWF”) (www.TurkiyeVarlikFonu.com.tr), The Islamic Corporation for the Development of the Private Sector (“ICD”) (www.ICD-PS.org), the private sector arm of IDB Group, and Catalyst Group (“Catalyst”) (www.CatalsytGroup360.com) have entered into a Joint Strategic Collaboration to develop the mortgage sector in Turkey. The collaboration will focus on identifying specific…

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…

The Islamic Corporation for the Development of the Private Sector (ICD) and the Black Sea Trade and Development Bank (BSTDB) Ink an Agreement to Boost Regional Trade and Investments

At the side lines of the Islamic Development Bank (IDB) Group 41st Annual Meeting in Jakarta, a memorandum of understanding (MoU) was signed between the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org), the private sector arm of IDB Group and the Black Sea Trade and Development…