ISLAMIC CORPORATION FOR THE DEVELOPMENT
OF THE PRIVATE SECTOR (ICD)
ICD IS AN INDEPENDENT INTERNATIONAL MULTILATERAL FINANCIAL INSTITUTION CREATED FOR
THE DEVELOPMENT OF ITS MEMBER COUNTRIES THROUGH INVESTMENT IN THE PRIVATE SECTOR
The Islamic Corporation for the Development of the
Private Sector (ICD) is a multilateral organization affiliated
with the Islamic Development Bank (IDB) Group. Its
authorized capital stands at $2.0 billion, of which $1.0
billion is available for subscription. The current subscribed
and paid-in capital is $823,700.000 and $650,829.214
respectively. Its shareholders consist of the IDB, 49 Islamic
member countries, and five public financial institutions.
Headquartered in Jeddah, ICD was established by the IDB
Board of Governors during its 24th annual meeting held in
Jeddah in Rajab 1420H (November 1999).
DIFD Approvals by Region (1428-1433H)
Region
Approved Amount
(US $ Million)
East Asia & Pacific
60.80
Europe & Central Asia
72.23
Middle East & North Africa
672.03
Regional
(Covering more than 1 country)
60.50
South Asia
138.60
Sub-Saharan Africa
100.93
DIFD Approvals by Region
East Asia & Pacific
5.50%
Europe & Central Asia
6.54%
Middle East & North Africa 60.81%
South Asia
12.54%
Regional
5.47%
