ICD started its operations in July 2000 and has financed projects in agriculture, construction, education, finance, fishing, health care & pharmaceutical, oil & gas, real estate, technology, telecoms, trading, transportation, power generation and has made investments in over 30 member countries.
ICD’s activities are centered on four strategic focus areas:
− Developing Islamic financial channels in order to create multiplier impact.
− Providing advisory services for establishing Islamic finance windows and converting conventional financial institutes into Islamic organizations.
− Providing finance for investments in high impact sectors and helping governments by providing advisory services in privatization, Sukuk issuance, and structuring project finance deals.
− Improving its partnership with IDB Group and other MDBs and heavily leverage internal and external partners to go beyond its own resources.