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

Islamic body to open banks in Mali, Benin

Islamic body to open banks in Mali, Benin

Two new Islamic banks are planned to be opened in Mali and Benin by the Islamic Corporation for the Development of the Private Sector (ICD). The openings are scheduled for next year. The initiative is part of the efforts to expand the industry’s consum…

ICD to open two new Islamic banks in Africa

ICD to open two new Islamic banks in Africa

The Islamic Corporation for the Development of the Private Sector (ICD) considers opening two new Islamic banks in the countroes of Mali and Benin in the coming year. This was announced by the CEO of the ICD – H.E. Khaled Mohammed Al-Aboodi – at the Is…

ICD adopts IFC’s Master Cooperation Agreement

ICD adopts IFC’s Master Cooperation Agreement

It appears that ICD has adopted IFC’s Master Cooperation Agreement. This will help the collaboration between the two on private sector investments in the Middle East and North Africa and in emerging markets worldwide.
The Master Cooperation Agreement s…