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THIQAH Newsletter | Issue 1 | Quarter 4 - 2013
President’s Message
O
ver 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 (ICD), the International Islamic Trade Finance
Corporation (ITFC), the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), and
the Islamic Research and Training Institute (IRTI), 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.
Through the Business Forum “THIQAH”, the Islamic Development 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
