ISLAMIC CORPORATION FOR THE INSURANCE OF
INVESTMENTS & EXPORT CREDIT (ICIEC)
ICIEC PROVIDES ITS SERVICES IN ACCORDANCE WITH THE PRINCIPLES OF SHARIAH, AND IS RATED AA3
BY MOODY’S WITH A STABLE OUTLOOK.
ICIEC, a member of the Islamic Development Bank (IDB)
Group, is a multilateral export credit and political risk in-
surer. ICIEC provides its services in accordance with the
principles of Shariah, and is rated Aa3 by Moody’s with a
stable outlook. ICIEC’s shareholders include the IDB and
40 member countries which are part of the Organization of
the Islamic Cooperation.
The Corporation provides Export Credit Insurance services
to exporters from its member countries and Political Risk
Insurance services to investors from across the world,
investing in its member countries. During 2011, ICIEC
introduced new products enhancing its customers’ reach.
Hence, ICIEC provides export credit insurance services to
exporters from non-member countries supplying capital
equipments, infrastructure related projects, and food
security related items, to its member countries on selec-
tive basis. Also, ICIEC is able to insure domestic sales for
exporters in Member Countries.
ICIEC has provided more than USD 14.67 billion in export
credit and investment insurance commitments since its
inception in 1415H (1995), up to end of 1433H (2012).
The Corporation provides Export Credit
Insurance services to exporters from
its
Member Countries and Political
Risk Insurance services
to investors
from across the world, investing in its
member countries.
