ICD-PS

The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral organization that operates under the Islamic Development Bank (IDB) Group. With an authorized capital of $2.0 billion, it aims to support economic development in its member countries by financing private sector projects that adhere to Shari’a law. ICD focuses on initiatives that create employment opportunities and enhance export capabilities. In addition to providing direct financing, ICD also mobilizes further resources for projects and promotes the growth of Islamic financing and capital markets, thereby fostering a sustainable economic environment in its member states.