ICD - IDB Group Business Forum - THIQAH

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2. Overview
Overview: Mission and Vision • The Islamic Corporation for the Development of the Private Sector (ICD), is the private sector arm of the Islamic Development Bank (IDB), a multilateral development finance institution • IDB, headquartered in Jeddah, Saudi Arabia, is a USD 50bn+ bank with 56 member countries mainly located in Asia, Middle East and Africa • The Vision of ICDis to be a major player in the development of promotion of the private as a vehicle for economic and social growth and prosperity in Islamic countries • The Mission of ICD is to complement the role played by IDB through • Providing Islamic financial services and products • Promoting competition and entrepreneurship in member countries • Advising governments and businesses • Encouraging cross border investments • ICD was established in 1999 with an authorized capital of USD 2bn and a membership of 52 countries. It is 50% owned by IDB, 20% by public financial institutions and 30% by the member countries 6
Page 1 and 2: THE PRIVATE SECTOR ARM OF THE ISLAM
Page 3 and 4: 1. Islamic Development Bank Group
Page 5: Islamic Development Bank Group : St
Page 9 and 10: Overview: ICD Goals & Strategic Obj
Page 11 and 12: ICD: Developing Islamic Banks ICD e
Page 13 and 14: ICD: Provision of Lines of Finance
Page 15 and 16: ICD: Provision of Term Financing IC
Page 17 and 18: ICD: Advisory Services ICD has put
Page 19 and 20: 4. Case Studies
Page 21 and 22: Case Study: Promoting Infrastructur
Page 23 and 24: Case Study: Developing Islamic Fina

ICD - IDB Group Business Forum - THIQAH

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