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Launched in April 2015, IFN Investor Forum has been widely embraced by the industry to great success as the platform to discuss and debate all things related to Islamic investments. Welcoming a broad range of investors from all corners of the world, IFN Investor Forum will stage a comeback in 2018 in Kuala Lumpur, one of the most advanced Shariah finance capitals of the world.
Covering all aspects of Shariah investments across a variety of sectors, asset classes and markets, IFN Investor Forum 2018 will focus on the biggest opportunities, latest developments and trends as well as potential issues that may arise as far as Islamic investments are concerned. The wide-ranging program will include multiple and varied formats and sessions including issuer case studies to maximize engagement and outcome from the high-level event.
The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral development financial institution and is part of the Islamic Development Bank (IDB) Group.
The ICD was established in November 1999 to support the economic development of its member countries through the provision of finance for private sector projects, promoting competition and entrepreneurship, providing advisory services to governments and private companies and encouraging cross-border investments.
The ICD has an authorized capital of US$4 billion. Currently, the shareholders of the ICD are the IDB (50%), 53 Islamic countries (30%) and five public financial institutions (20%).
ICD mandate and objectives
The ICD fosters sustainable economic growth in its 53 member countries by:
The ICD selects the financing projects based on their contribution to economic development considering factors such as job creation, Islamic finance development, contribution to exports, etc. The ICD also provides advisory services to governments and private sector groups on policies designed to encourage the establishment, expansion and modernization of private enterprises, the development of capital markets, best management practices and to enhance the role of the market economy. The ICD operates to complement the activities of the IDB in member countries.
The ICD is rated ‘AA/FQ’ by Fitch Ratings, ‘Aa3/P-1’ by Moody’s Investors Service and ‘A+’ by Standard & Poor’s.
The International Islamic Trade Finance Corporation (ITFC) is an autonomous entity within the Islamic Development Bank Group (IDB Group). It was created with the purpose of advancing trade, which would ultimately contribute to the overarching goal of improving the socioeconomic condition of people across the world. The ITFC has since consolidated all the trade finance businesses that used to be handled by various windows within the IDB Group. It commenced operations in Muharram 1429H (January 2008G). The consolidation of the IDB Group’s trade finance activities under a single umbrella enhanced the ITFC’s efficiency in service delivery by responding swiftly to customer needs in a market-driven business environment.
As a leader in Shariah compliant trade finance, the ITFC deploys its expertise and funds to businesses and governments in its member countries. Its primary focus is to encourage more intra-trade among OIC member countries. As a member of the IDB Group, the ITFC has unique access to member countries’ governments and it works as a facilitator to mobilize private and public resources toward achieving its objectives of fostering economic development through trade. The ITFC helps entities in member countries gain better access to trade finance and provides them with the necessary trade-related capacity-building tools in order to help them compete successfully in the global market.
In April 2015, IFN launched its inaugural IFN Investor Forum in Dubai to great success, allowing participants to focus on exactly the issues that are relevant to them and creating a targeted, effective and efficient platform for discussion, analysis and action on both sides of the industry coin.