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…
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…
A memorandum of agreement (MOA) for a capacity building initiative of the private sector in the field of Islamic finance was signed between the Islamic Corporation for the Development of the Private Sector (ICD) and the International Centre for Educati…
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IDB), and Kolon Corporation signed a memorandum of understanding (MoU) for jointly establishing Islamic leasing (ijar…
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…
The Islamic Corporation for the Development of the Private Sector (ICD) is currently engaged in challenging issues related to the financing of small and medium enterprises (SMEs), and projects providing food security and housing among member countries….
The International conference’s conclusions on “Prospects for Islamic Venture Capital Funds in India” were that India needs to make steps to allow various financial institutions to adopt Islamic products and practices and to lay foundations of a level p…
The consensus at the pioneering inaugural Roundtable on “Islamic Finance in Russia and the CIS: Market and Regulation” which was held last week in Istanbul and organized by Bank Conference and largely sponsored by the Jeddah-based Islamic Corporation f…
The consensus at the pioneering inaugural Roundtable on “Islamic Finance in Russia and the CIS: Market and Regulation” which was held last week in Istanbul and organized by Bank Conference and largely sponsored by the Jeddah-based Islamic Corporation f…
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group, signed a Memorandum of Understanding (MOU) with the State Bank for Foreign Economic Affairs of Turkmenistan in Ashgab…
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