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During the first year of its existence, ICD tried to fulfill its mandate as quickly as possible, and as such approved 11 operations for a total amount of US$73.25 million, and also undertook various activities that will enable ICD achieve its long-term goals and objectives.

The operations approved were in the priority sectors of ICD, i.e. technology, healthcare, pharmaceuticals, telecommunications and development of Islamic capital markets. Following are the Projects that were approved by ICD's Board between 5/8/2000 ( 5/5/1421H ) and 7/4/2002 ( 24/1/1423H )

1. Injazat Technology Fund

2. The International Islamic Rating Agency (IIRA)

3. Middle East Healthcare Company (MEAHCO)

4. Thuraya Satellite Telecom Company

5. Jamjoom Pharma

6. Advisory Services Feasibility Study for the Investment Fund for the Development of Awqaf

7. Adritec Private Placement

8.
Sudatel Telephone Exchanges Project

9.
Jordan Pharmaceutical Company

10. Al-Ahlia Mineral Water Company

11. Syrian Saudi Chemicals Company

12. Plastic Packaging Expansion Project (Daboul)

13. Glass Containers Project (GCC)

14. SabaFon Expansion Project

15. Dairy Plant Project (ICFI)

16. Sodegrain Flour Mill Project

17. Al Hadha Grain Handing & Silos

18. Line of Financing : Byblos Bank SAL

19. Jamjoom Pharma Expansion Project

Other Activities

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. .

Sodegrain Flour Mill Project.

Al Hadha Grain Handling & Silos.

Line of Financing: Byblos Bank SAL

JamJoom Pharma Expansion Project.

Plastic Packaging Expansion Project (Daboul).

Glass Containers Project (GCC).

SabaFon Expansion Project.

Dairy Plant Project (ICFI).


Injazat Technology Fund.

The International Islamic Rating Agency (IIRA)

Middle East Healthcare Company (MEAHCO)

Thuraya Satellite Telecom Company

Jamjoom Pharma

Advisory Services Feasibility Study for the Investment Fund for the Development of Awqaf

Adritec Private Placement

Sudatel Telephone Exchanges Project

Jordan Pharmaceutical Company

Al-Ahlia Mineral water Company

Syrian Saudi Chemicals Company

. .

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