ISLAMIC CORPORATION FOR THE DEVELOPMENT OF THE PRIVATE SECTOR
Business Summary
Islamic Corporation for the Development of the Private Sector (ICD) is a Saudi Arabia-based multilateral financial institution. It is engaged, in accordance with the principles of the Islamic Sharia, in the development and promotion of its member countries economic by encouraging the establishment, expansion and modernization of private enterprises producing goods and services. Its products and services include long and short-term financing; asset management and structured finance through managing and participating in funds as well as structuring and underwriting syndications; advisory services through providing advisory services to public and private entities; and modes of financing, which includes leasing (Ijara), installment sale, and manufacturing contract finance.
Country of Incorporation
Saudi Arabia
Incorporation Date
1999-11-01
Business Sector
Government Activity
Company Address
Islamic Corporation for the Development of the Private Sector Building, Al-Nazlah Al-Yamaniyah Area, PO Box 54069
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