Development Impact
Since its establishment in 1999, the Islamic Corporation for the Development of the Private Sector (ICD) has worked alongside governments, financial institutions, and private enterprises across 56 member countries to build resilient economies and inclusive opportunity. Our development impact is measured not in transactions alone, but in jobs created, businesses empowered, communities strengthened, and futures secured. In 2025, ICD deepened its commitment to expanding access to Shariah-compliant finance, strengthening SME ecosystems, and supporting meaningful job creation across the Islamic world.
$7.07B
Cumulative Approvals
$5.59B
Total Disbursements
2,381
SMEs Financed (2025)
56
Member Countries
25+
Years of Experience
How We Create Impact
01
SME Financing
Supporting small and medium enterprises with tailored Shariah-compliant financing, enabling them to scale operations, create jobs, and strengthen value chains across our member countries.
02
Financial Inclusion
Expanding access to Islamic finance for underserved populations, including women entrepreneurs, by strengthening partner financial institutions and introducing innovative financing solutions.
03
Job Creation
Catalyzing employment opportunities through private sector growth, with particular focus on decent jobs, women's empowerment, and sustainable livelihoods across sectors and regions.
04
Strategic Sectors
Prioritizing high-impact sectors including renewable energy, healthcare, education, agribusiness, and manufacturing to drive economic diversification and sustainable growth.
05
Institutional Strengthening
Building the capacity of partner financial institutions through equity investments and technical assistance, fostering robust Islamic finance ecosystems across member economies.
06
Strategic Partnerships
Collaborating with multilateral institutions, governments, and the private sector to amplify reach, co-invest in transformative opportunities, and address structural financing gaps.
From Dreams to Deals
Real impact begins with real stories. ICD's "From Dreams to Deals" series brings to life the businesses and communities transformed by Shariah-compliant development financing.
2025 Impact Highlights
In 2025, ICD's strategic focus on SME financing, financial inclusion, and job creation generated measurable development outcomes. Our Annual Development Effectiveness Report (ADER) documents the tangible impact of Shariah-compliant financing across priority sectors and member countries.
SME Financing
2,381 SMEs financed with USD 661.9M
585 women-led SMEs supported
100,044 new clients accessing Islamic finance
USD 1.0B in domestic purchases generated
Employment & Gender
347,216 total jobs sustained
23,531 new jobs created
7,288 new jobs for women
77,178 women employed in supported firms
Economic Growth
USD 557.3M in export sales
1,062 MW energy capacity financed
2.47B kWh electricity generated
USD 283.8M contributed to government
Social Development
3.55M patients served through healthcare
51,438 students enrolled in education
3,281 housing units developed
51,851 farmers reached through programs
SDG Alignment
ICD's operations are purposefully aligned with the United Nations Sustainable Development Goals, advancing inclusive economic growth, private sector development, quality employment, energy access, healthcare, education, and global partnerships for development across member countries.
SDG 1
SDG 2
SDG 3
SDG 4
SDG 5
SDG 7
SDG 8
SDG 9
SDG 13
SDG 17
Strategic Priorities
As ICD advances into the next phase of its development agenda, aligned with the IsDB Group Strategic Framework 2026-2035, the organization prioritizes strengthening SME ecosystems, deepening Islamic finance markets, and ensuring that growth reaches underserved populations and frontier economies across the Islamic world.
1
Expand SME Access
Tailored financing solutions and capacity building for SMEs in underserved markets, enabling them to grow, create quality employment, and compete in regional and global value chains.
2
Strengthen Islamic Finance
Deepen Islamic finance ecosystems by investing in partner financial institutions and expanding innovative Shariah-compliant products that serve diverse market segments.
3
Advance Green Finance
Accelerate sustainable energy, green infrastructure, and climate-resilient projects that protect economies, create green jobs, and advance global climate commitments.
4
Scale Partnerships
Deepen collaboration with multilateral development institutions, governments, and impact-focused investors to co-finance transformative development opportunities across member countries.
Annual Report
Annual Development Effectiveness Report 2025
ICD's ADER is the definitive account of our development impact each year. The 2025 edition documents 25 years of transformative investment across 56 member countries, with detailed results across financial inclusion, employment, sectors, and SDG alignment.
Download ADER 2025