The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral development financial institution established in November 1999 and headquartered in Jeddah, operating as part of the Islamic Development Bank Group. With authorized capital of four billion dollars held by the Islamic Development Bank, fifty six member countries and five public financial institutions, it finances private sector projects in member countries, promotes entrepreneurship and competition, encourages cross-border investment, and works to develop Islamic financial markets alongside local financial institutions.
Facts
Founding Year Headquarters Classification
Institution SubtypeInternational Financial Institution 1 In the Other Atlases
Located In
Also in Geography Atlas: where this subject is located.
Source Global Legal Entity Identifier Foundation (GLEIF): GLEIF record for Islamic Corporation for the Development of the Private SectorheadquartersAddress cityQuote, headquartersAddress city
"city": "Jeddah"
Sources
1. About ICD | Islamic Corporation for the Development of the Private Sector
About ICD section, first paragraph
established in November 1999
About ICD section, second paragraph
Based in Jeddah, ICD is a part of the Islamic Development Bank (IsDB) Group
Introduction, institution-subtype
The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral development financial institution established in November 1999 and headquartered in Jeddah, operating as part of the Islamic Development Bank Group.
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