Islamic corporation for the development of the private sector (icd) Headquarters & Office Locations

Islamic corporation for the development of the private sector (icd) (Private) is headquartered in Jeddah, Mecca Province, Saudi Arabia. Founded in 1999, the company operates across 2 countries with approximately 151 employees worldwide.

Where is Islamic corporation for the development of the private sector (icd)'s main office?

Islamic corporation for the development of the private sector (icd)'s main headquarters office is located at Jeddah, Makkah Region, Saudi Arabia, Jeddah, Mecca Province 21514. This serves as the company's primary corporate address and is home to its executive leadership team.

Islamic corporation for the development of the private sector (icd) regional offices

Beyond its headquarters in Jeddah, Islamic corporation for the development of the private sector (icd) maintains 10 offices across 2 countries. Regional offices span 2 countries.

Islamic corporation for the development of the private sector (icd) contact information

The main switchboard for Islamic corporation for the development of the private sector (icd) headquarters can be reached at 966126441644. For investor relations, visit icd-ps.org/investor-relations.

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 organization affiliated with the Islamic Development Bank (IsDB). Its authorized capital stands at USD 4 billion, of which USD 2 billion is available for subscription. Its shareholders consist of the IsDB, 55 member countries and five public financial institutions. Headquartered in Jeddah, ICD was established by the IsDB Board of Governors during its 24th annual meeting held in Jeddah in Rajab 1420H (November 1999). The mandate of ICD is to support the economic development of its member countries by providing financial assistance to private sector projects in accordance with the principles of Shari’ah, aimed at creating employment opportunities and enhancing their export potential. Furthermore, ICD has the mandate of mobilizing additional resources for projects and encouraging the development of Islamic finance. It also attracts co-financiers for its projects and provides advice to governments and private sector groups on policies aimed at encouraging the establishment, expansion and modernization of private enterprises, the development of capital markets, best management practices, and the enhancement of the role of market economy. ICD’s operations complement the activities of IsDB in member countries and also those of national financial institutions. #ICD_PS #ICD #IslamicFinance