The Islamic Corporation for the Development of the Private Sector (ICD)

Website: www.icd-ps.org

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:

• Financing private sector investment
• Mobilizing capital in the international financial markets, and
• Providing advisory services to business and governments. 

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.

FOR MORE INFORMATION

Tel: (966-12) 6361400; (966-12) 6441644

Fax: (966-12) 644 4427

Email: icd@isdb.org

Website: www.icd-ps.org

International Islamic Trade Finance Corporation

Website: www.itfc-idb.org

The International Islamic Trade Finance Corporation (ITFC) is a member of the IDB Group. It was established with the purpose of advancing trade among OIC member countries, which would ultimately contribute to the overarching goal of improving the socioeconomic conditions of the people across the world. The ITFC commenced operations in January 2008 and has since consolidated all trade finance businesses that used to be handled by various windows within the IDB Group. Earning an ‘A1’ rating from Moody’s Investors Service reflects the ITFC’s efficiency in service delivery by responding swiftly to customer needs in a market-driven business environment.

Since 2008, the ITFC has provided more than US$40.2 billion of trade financing to OIC member countries, making it the leading provider of trade solutions for the needs of OIC member countries. With a mission of being a catalyst for trade development among OIC member countries and beyond, the ITFC helps entities in member countries gain better access to trade finance and provides them with the necessary trade-related capacity-building tools, which would enable them to successfully compete in the global market.

Contact us at: 

Twitter: @ITFCCORP
Facebook: @ITFCCORP
Linkedin: International Islamic Trade Finance Corporation (ITFC)

Tel: +966 12 646 8337
Fax: +966 12 637 1064
E-mail: ITFC@itfc-idb.org
Website: http://www.itfc-idb.org/en

The RFI Foundation

Website: www.rfi-foundation.org

The RFI Foundation - the industry body for the responsible finance sector

The RFI Foundation has been established with the aim of bringing together various forms of responsible finance practices, encouraging consensus as the basis for convergence between standards, practices and regulations. To do so in an effective manner, financial services must find and share a guiding principle for financial services which is most beneficial when the best ideas are incorporated from various forms of responsible finance, including Islamic finance.

After the financial crisis, it was apparent that the link between risk and reward had been broken and needed to be rebuilt with ethics and morals at its heart. The financial crisis illustrated in stark fashion that ethics and business are not adversaries and that ultimately they need each other.

It is within this context that responsible finance practices can play a powerful role in shaping the future of the global economy. There are various definitions and practices encapsulating the responsible finance sector. These include sustainable, responsible and impact investing (SRI), environmental, social and governance and Islamic finance, which is a form of financial intermediation in which funds are raised and applied using asset-based methods or partnerships in accordance with Islamic law instead of lending and borrowing.

The guiding principle that is shared among all forms of responsible finance is an appreciation that financial services can be a force, and indeed are necessary for sustainable development.

A major opportunity for the RFI is to expand responsible finance by incorporating the positive screening strengths of the SRI industry with the governance and regulatory advances of Islamic finance, and thereby engage asset owners and institutional investors who drive financial services development in a more coherent and unified approach.

IdealRatings

Website: www.idealratings.com/

IdealRatings was incorporated in 2006 in San Francisco with a corporate objective to provide SRI/ESG and Shariah compliant solutions to ethical investors and enable them to identify such instruments across different asset classes in the global market. IdealRatings serves clients in over 30 countries with a range of capital market solutions including:

• Equities – A web-based platform covering over 40,000 stocks, where fund managers can screen equities using different, custom-built ESG/SRI/Responsible Investments and Shariah rulebooks or guidelines. This solution caters to different purification calculation methodologies with a comprehensive set of reports for fund managers to manage their portfolio. 

• REITs – Global coverage of all listed REITs that could be screened in accordance with different standard Shariah rulebooks or guidelines. 

• Indexes – Co-branded and jointly marketed by FTSE-Russell Indexes and a separate series with Thomson Reuters for the global markets, designed for fund management and investment benchmarking. In addition, IdealRatings is able to provide custom-built indexes for the fund management industry. 

• Sukuk – A unique solution which includes the global Sukuk and a pioneering Sukuk-screening solution that enables fund managers to customize their Sukuk selection in accordance to their Shariah rulebook, guidelines or investment preference, and 

• Brokerage – The solution provides broking houses the ability to screen global equity markets, a technical analysis of the markets and equities, buy/sell/hold recommendations and purification amounts.

IE Business School

Website: www.ie.edu

IE is recognized as one of the world’s top business education institutions. We deliver transformative leaders who foster innovation and change within their organizations. We strive to produce managers as entrepreneurs who create jobs, wealth and make a difference in society at large.

IE Corporate Relations is the meeting point for organizations to partner with IE, to cultivate their talent, innovation and knowledge. Our expert team works closely with an organization’s leadership to analyze talent needs and define customized strategies and action plans. We build on a long history of success with leading companies of all sizes and industries, from start-ups to major corporations.

We leverage the full potential of IE’s diverse and global knowledge ecosystem to help companies and institutions analyze their talent needs in key areas such as:

• Talent acquisition: helping companies identify and match the best talent for their needs.
• Learning and development: cultivating the knowledge and skills that a team needs to succeed and add value to an organization.
• Knowledge creation: undertaking joint initiatives with our partners to achieve growth and create value.
• Corporate innovation: working as an extension of our partners’ in-house innovation capabilities to develop new competitive advantages.

IE is an international institution with a global mindset and a humanistic approach that draws on its core values of innovation and entrepreneurship to produce the next generation of business leaders. Our strong, international faculty teaches a diverse student body representing 128 nationalities on a variety of acclaimed undergraduate (IE University), Master’s, PhD and executive education programs at IE Business School, IE Law School, IE School of Architecture and Design, IE School of Human Sciences and Technology and IE School of International Relations. Our 56,000 alumni hold management positions in over 126 countries.

IE is committed to pioneering new insights and generating cutting-edge knowledge that allows leaders to identify and tackle the complex challenges facing businesses today. In keeping with this mission, we harness our full global potential to promote the kind of corporate innovation that not only gives our partners an edge, but also creates sustainable solutions that benefit society as a whole.

María de Molina, 11, 28006 Madrid, Spain
www.ie.edu
Tel.: +34 91 568 96 00
iecontact@ie.edu

Islamic Finance news

Website: www.islamicfinancenews.com

Islamic Finance news is the industry's leading, capital markets focused, e-newsletter bringing you unrivalled editorial coverage every week on the global Islamic financial market.

This weekly newsletter provides insightful and intelligent editorial coverage from around the world helping you keep ahead. In addition to a comprehensive weekly review of all the stories from around the globe, interviews, forums, market statistics and data, key industry practitioners contribute via non-biased, educational and up-to-date country and sector reports, giving you a firsthand knowledge and understanding of the Islamic finance markets and instruments from an experts' point of view.

For a trial subscription, please contact +603 2162 7800 or email subs@IslamicFinancenews.com

Asia First

Website: www.asia-first.com/

Asia First provides a complete solution for financial professionals and organizations to source, purchase and manage financial news and intelligence products that they need for their business. It is a front-end website featuring extensive free daily and weekly finance news and other resources for professionals, complemented by a corporate back-end procurement platform and marketplace for buying and managing financial publications, data, research and events.

We organize specialized events and provide branding and exposure via our extensive readership and database. A one-stop shop with the following:

• Major publishers listed with over 350 publications
• 3,000+ research papers and reports from over 80 organizations
• 2,000+ events listed in our events calendar
• 500+ news feeds, five million news stories (including from Asia First) and our weekly newsletter, and
• Smart search functionality for news and research dedicated to the financial industry.

Oxford Business Group

Website: www.oxfordbusinessgroup.com/

Oxford Business Group (OBG) is a global publishing, research and consultancy firm, which publishes economic intelligence on the markets of Asia, the Middle East, Africa and Latin America.

OBG offers a comprehensive analysis of macroeconomic and sectoral developments, including banking, capital markets, energy, infrastructure, industry and insurance.

The group’s acclaimed economic and business reports are the leading source of local and regional intelligence, while its online economic briefings provide an up-to-date in-depth analysis. OBG’s consultancy arm offers tailor-made market intelligence and advice to firms operating in these markets and those looking to enter them.

Business Islamica

Website: businessislamica.com/

Launched in November 2006, Business Islamica is the first monthly magazine of its kind in the UAE, specifically covering all aspects of Islamic business and finance, both regionally and internationally.

The magazine’s objective is to spearhead awareness initiatives, heighten knowledge of its core principles and practices, as well as to feature the latest developments in this industry.

Our editorial covers interviews with key industry leaders, case studies, and includes features on a wide range of topics such as; Islamic Banking, Wealth Management, Takaful (Islamic Insurance), Islamic Retail Finance, Marketing and Branding of Shari’ah-Compliant products, Regulatory Issues, Islamic Business Challenges and Risk Management.

Capital Business

Website: www.capitalbusiness.me

Eurekahedge

Website: www.eurekahedge.com

Launched in 2001, Eurekahedge is the world’s largest independent data provider and alternative research firm specialising in hedge fund databases covering North America, Europe, Asia and Latin America. Headquartered in Singapore with offices in New York and Cebu, the global expertise of our research team constantly adapts to industry changes and needs, allowing Eurekahedge to develop and offer a wide array of products and services. In addition to market-leading hedge fund databases and analysis, Eurekahedge’s other business functions include hedge fund publications, due diligence services, investor services, and an analytical platform service.

For more information, please visit http://www.eurekahedge.com.

Executive Women

Website: www.executive-women.com

Executive Women magazine is a memoir portraying inspiring and flourishing women entrepreneurs who are changing the face of business and giving an added value to their social life, as well as daring to pursue their educational dreams and reach new career horizons. Moreover, Executive Women offers managerial ‘coaching’ articles, inspirational experiences, leadership drill, as well as a palette of culture and luxury.

TalkMarkets

Website: www.talkmarkets.com

TalkMarkets is a smart site which covers the entire breadth of the financial industry, but with content customized to users’ interests, preferences and level of investment sophistication. This provides users with a unique experience which is quick, easy and personally relevant. At TalkMarkets you’ll find top authors such as Mark Cuban, Mish Shedlock, Phil Davis, Roger Nusbaum, Peter Schiff, Tyler Durden (Zero Hedge), John Mauldin, James Altucher, Gary Gordon, David Stockman, John Lounsbury, James Hamilton, Robert Reich and over 700 others.

The Business Year

Website: www.thebusinessyear.com/

The Business Year (TBY) is a global media group specializing in economic news, research on national economies, and business intelligence across emerging markets. With operations in over 35 countries, we bring first-hand insights to investors, businesses, and governments worldwide.