ICD's
Performance 1421-mid 1425H (2000-2004)
IDB
31st Annual Meeting
Our
Mission
To complement the role played by the Islamic Development
Bank (IDB) through:
*
Providing Islamic financial services & products.
*
Promoting competition and entrepreneurship in member
countries.
*
Advising governments & businesses.
*
Encouragaing cross country investments.
Our
Vision
To be a major player in the development and promotion
of the private sector as a vehicle for economic
and social growth and prosperity in member countries.
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Our
Latest News
Solidarity
Fund Chairman Discusses Ways to Support Micro
Projects in Palestine
ICD
Headquarters, 10th June 2006 __ In order to support
income-generating projects for Palestinian poor
families, and as per the directives of the CEO
& General Manager, Mr. Abdulmajied Bannan,
Chairman of the ICD Solidarity Fund Committee,
has recently met Ms. Fatima El Gadaa, owner of
"El Hana" needle work and sewing workshop
in Kalkelia, Palestine, to look into how ICD can
support such projects.
More
ICD
Holds its 6th General Assembly Meeting in Kuwait
ICD
Headquarters, June 4th 2006 __ ICD's 6th General
Assembly Meeting was held on 31st May 2006 at
the Sheraton hotel in Kuwait, in conjunction with
the 31st Meeting of the Board of Governors of
the Islamic Development Bank (IDB). The meeting
was chaired by H.E. Mr. Bader M. Al-Humaidhi,
Kuwaiti Minister of Finance and IDB Governor for
Kuwait.
More
ICD
in the News
The
following is a press clipping from the Kuwaiti
daily Al-Anba'a (1st June 2006) covering the Corporation's
annual meeting.
More
ICD
Completes its Sixth Year
The
Following brochure has been released on the occasion
of the completion of the 6th year to reflect the
achievements made so far.
More
Maldives'
Minister of Finance and Treasury
Visits ICD
Wednesday,
12th April 2006 __ H.E. Dr. Ali A. Soliman, CEO
and General Manager, has received H.E. Mr. Qassim
Ibrahim, Minister of Finance and Treasury and
Governor of the Maldives Monetary Authority. The
delegation also included H.E. Mr. Riluwan Shareef,
Deputy Minister, and H.E. Dr. Hussain Niyaaz,
Executive Director of the Department of External
Resources at the Ministry of Foreign Affairs.
More
ICD
and Partners Launch New
Real Estate Development Company
Jeddah, 10th April 2006 __ A shareholders' agreement
was signed yesterday at the IDB Headquarters between
ICD, the Saudi Economic and Development Company
(SEDCO) and the Bahrain-based International Investment
Bank (IIB) for the establishment of a real-estate
development company in Saudi Arabia. With a capital
amounting to SR 400 million (USD 107 million),
the new company's investments in the next five
years are expected to reach SR 10 billion. Its
main focus will be on the construction of housing
units and compounds in different regions of the
Kingdom.
More
CEO
Addresses Economic Forum in Algiers
ICD
Headquarters, 25th March 2006 __ H.E. Dr. Ali
A. Soliman, CEO & General Manager, addressed
the first forum on Islamic modes of financing
for SMEs, organized in Algiers on 5 March 2006
in cooperation with the Economic Club of Algeria.
About 90 delegates from the business community
and those interested in Islamic finance attended
this event.
More
CEO
Attends International Forum of
ICT Strategies & Investment in Marrakech
ICD
Headquarters, 25th March 2006 __ H.E. Dr. Ali
A. Soliman, CEO & General Manager, took part
in the International Forum of ICT Strategies and
Investment (IFISI 2006), organized by the Kingdom
of Morocco in cooperation with the Islamic Development
Bank (IDB) in Marrakech on 1-3 March 2006.
More
ICD
Holds 2005 Businessman-of-the-Year and Man-of-the-Year
Award Ceremony
ICD
Headquarters, 12 Feb. 2006 _ In conjunction with
its 33rd Board meeting (24/01/2006), ICD organized
its 2005 Businessman-of-the-Year and Man-of-the-Year
award ceremony. This annual tradition is meant
to honor and encourage outstanding clients and
staff members.
More
