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

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

Multilateral financial institution supporting private sector development in member countries through Sharia-compliant financing and advisory services.

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The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral development financial institution established in November 1999. As part of the Islamic Development Bank (IsDB) Group, ICD supports the economic development of its member countries by providing Sharia-compliant financing for private sector projects, promoting entrepreneurship, and offering advisory services to governments and businesses. Its authorized capital is $4 billion, with shareholders including the IsDB, 56 member countries, and five public financial institutions.

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Frequently asked

What does Islamic Corporation for the Development of the Private Sector (ICD) do?

The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral development financial institution established in November 1999. As part of the Islamic Development Bank (IsDB) Group, ICD supports the economic development of its member countries by providing Sharia-compliant financing for private sector projects, promoting entrepreneurship, and offering advisory services to governments and businesses. Its authorized capital is $4 billion, with shareholders including the I…

Where is Islamic Corporation for the Development of the Private Sector (ICD) headquartered?

Islamic Corporation for the Development of the Private Sector (ICD) is headquartered in Jeddah, Saudi Arabia.

When was Islamic Corporation for the Development of the Private Sector (ICD) founded?

Islamic Corporation for the Development of the Private Sector (ICD) was founded in 1999.

What industry does Islamic Corporation for the Development of the Private Sector (ICD) operate in?

Islamic Corporation for the Development of the Private Sector (ICD) operates in Financial Services, Development Finance, Islamic Finance, Private Sector Development, SME Financing, Infrastructure Finance.

How many employees does Islamic Corporation for the Development of the Private Sector (ICD) have?

Islamic Corporation for the Development of the Private Sector (ICD) has approximately 125 people on record.