The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral development financial institution and member of the Islamic Development Bank (IsDB) Group. Established in November 1999 and headquartered in Jeddah, Saudi Arabia, it provides Sharia-compliant financing and advisory services to support private sector projects in its 57 member countries.
ICD has an authorized capital of $4 billion. Its shareholders include the IsDB, approximately 56 Islamic countries, and five public financial institutions. The institution focuses on promoting entrepreneurship, competition, employment, and cross-border investments, with activities spanning sectors such as energy, manufacturing, and financial services.
In June 2026, ICD signed a memorandum of understanding with SOCAR to explore financing opportunities for public-private partnership projects in Azerbaijan and other member countries.
Official website: icd-ps.org
To provide comprehensive coverage, we aggregate data and news under the name ICD, encompassing the following company names, divisions, and related entities:
الشركة الإسلامية لتنمية القطاع الخاص.
This list encompasses current and former names, alternate names, and key divisions associated with ICD, ensuring you can easily find all relevant information under a single, unified profile.
