THIQAH BROCHURE (EN) - page 12-13

Leveraging IDB Group
resources to facilitate
investments in member
countries
Islamic Development Bank “IDB”
IDB is an international financial institution established to foster
the economic development and social progress of member
countries in accordance with the principles of Shari’ah. The
functions of the Bank are to participate in equity capital and
grant loans for productive projects and enterprises besides
providing financial assistance.
Islamic Corporation for the
Development of the Private Sector “ICD”
ICD provides equity, debt financing and financial advisory
services in accordance with the Islamic banking and finance
principles. Projects financed by ICD are selected on the basis
of their contribution to economic development.
International Islamic Trade Finance Corporation “ITFC”
ITFC was formed to consolidate the trade finance business
that was formerly undertaken by various entities within the IDB
Group. ITFC promotes IDB developmental objectives through
its two main pillars, Trade Finance and Trade Promotion, to
fulfil its vision of ‘Advancing Trade & Improving Lives’.
Islamic Research and Training Institute "IRTI"
IRTI is entrusted with the key role of transforming the
Group into a world-class knowledge-based organization.
Thus, IRTI shoulders the responsibility for leading
the development and sustenance of a dynamic and
comprehensive Islamic Financial Services Industry,
which supports socio economic development in
member countries.
Islamic Corporation for the Insurance of
Investment and Export Credit "ICIEC"
ICIEC was established with the objective to increase the
scope of trade transactions of member countries to facilitate
foreign direct investments and to provide reinsurance facilities
to their national export credit agencies. ICIEC provides
appropriate Islamic Shari'ah compatible credit and country
risk insurance and reinsurance instruments.
Providing
premium meeting
& B2B services at
our head and
branch offices
Head office Address
King’s Road Tower
P.O.Box 54069, Jeddah 21514, Kingdom of Saudi Arabia
Email Address
Website Address
Telephone Number
Fax Number
+966 12 60 66 999
+966 12 60 68 533
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