THIQAH NEWSLETTER - page 3

THIQAH Newsletter | Issue 2 | Quarter 2 - 2016
3
President’s Message
Over the last two years, the IDB Group has invited eminent
leaders and visionaries to help it develop “the IDB Group’s
1440H vision”. The vision mandated the institutions of the
IDB Group to, provide collectively the main drivers for the
economies of member countries with fundamental enablers. To
underscore the importance of the role of the private sector in
developing and sustaining the development of the IDB Group’s
member countries as articulated in the IDB Group’s vision
1440H, the IDB Group has established the Business Forum
“THIQAH” to act as enabler and play facilitation and catalyst
roles. THIQAH is intended to be the main window that connects
the IDB Group’s institutions to the private sector, where the
private sector institutions can receive IDB Group’s financial
products and services as a comprehensive solutions tailored
to its investments need. The Islamic Development Bank Group,
which comprises the Islamic Corporation for the Development
of the Private Sector, the International Islamic Trade Finance
Corporation, the Islamic Corporation for the Insurance of
Investment and Export Credit, and the Islamic Research and
Training Institute, hopes to improve sustainable development
indicators in member countries whose private sector is a key
factor that complements the role of governments and helps
lighten their development burden, thereby allowing them to
carry out their prime missions.
ThroughtheBusinessForum“THIQAH”, the IslamicDevelopment
Bank Group is seeking to reinforce the effectiveness and success
of the partnerships that have been forged between the Group
and pioneers in its member countries’ business sectors. For this
reason, the Forum’s head office has been suitably equipped to
be able to speed up the creation of projects and the transfer
of expertise when implementing them. The office has been
equipped with the very latest audio-visual communication
systems which will be of great assistance when holding overseas
meetings and events, allowing business partners to easily
and efficiently communicate. In addition, it will be a business
platform for displaying successful models and investment
opportunities available in all member countries. To fulfill IDB
Group’s 1440H vision, and to foster its catalyst role, I invite
the business sectors from our member countries to effectively
communicate with the Forum, take advantage of the services
offered and enrich it with their expertise, successful projects
and, above all, their own suggestions and views.
May Allah grant us success in our endeavours.
Dr. Ahmad Mohamed Ali
President of the Islamic Development Bank Group
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