🎙️ #Podcast: Legal Insights on Trade Risk & Infrastructure Development In collaboration with Islamic Finance News, ICIEC speaks with Hassan Zago Idris, Acting Director of Legal Affairs at ICIEC, on how the corporation is addressing #global trade #risks and enabling #infrastructure development across OIC member states. The episode sheds light on the essential role of legal frameworks in creating a secure environment for #investment and long-term sustainable #growth. 👉 Access the podcast here: https://lnkd.in/dV32j6bX #ICIEC #GlobalTrade #InfrastructureDevelopment #OIC #RiskManagement #SustainableGrowth #IslamicFinance #IFNPodcast
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
Financial Services
Jeddah, KSA 10,574 followers
A member of IsDB Group providing commercial & political risk mitigation & credit enhancement solutions.
About us
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) is a member of the Islamic Development Bank (IsDB) Group. The driving ambition behind the creation of ICIEC was to strengthen the economic relations between member countries of the OIC on the basis of Islamic Shari'ah. ICIEC’s vision is to be recognized as the preferred enabler of trade and investment for sustainable economic development in Member Countries. Its mission is to facilitate trade and investment between member countries and the world through Shariah-compliant risk mitigation tools.
- Website
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https://iciec.isdb.org
External link for The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Jeddah, KSA
- Type
- Nonprofit
- Founded
- 1994
- Specialties
- Export Credit Insurance, Investment Insurance, and Reinsurance
Locations
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Primary
Alnuzlah Al Yamaniyah
King Khalid Road
Jeddah, KSA 21454, SA
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Office 1501, Sobha Sapphire,
Al Khaleej Al Tejari Street 2, Business Bay
Dubai, 114462, AE
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IDB Group Regional Office,
18 Boulevard de Republique,
Dakar, 6253, SN
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IDB Group Country Gateway Office,
NO:1 , Kat:31 Daire:122 Maslak,Sariyer, Istanbul- Turkey
Istanbul, TR
Employees at The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
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Lotfi Zairi
Head of Sovereign Division at The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) - IsDB Group
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Shaiful Kamarul
Sr. Country Manager @ ICIEC | Chartered Accountant
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Dr. Moataz Zawam
Lead Underwriter at Islamic Corporation for the Insurance of Investment and Export Credit - Islamic Development Bank
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Mushtak Parker
Director, Economist, Columnist, Writer
Updates
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#Egypt & ICIEC: A Strong Partnership for Growth! As a founding member and top 10 shareholder of ICIEC, the Arab Republic of Egypt has benefited from strategic financial support in #trade, #energy, and #infrastructure. Through #partnerships with ELSEWEDY ELECTRIC, African Export-Import Bank (Afreximbank), and The Arab Contractors, ICIEC is also expanding Egypt’s trade footprint in Sub-Saharan #Africa via the Arab Africa Trade Bridges Program. Discover more: https://lnkd.in/ddYAgzEa #ICIEC #EgyptEconomy #TradeFinance #SustainableGrowth #IsDB #InvestmentSecurity #AATB #Impact
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ICIEC and Al Baraka Bank Egypt Sign USD 50M Bank Master Policy to Boost Islamic Trade Finance ICIEC has signed a landmark Bank Master Policy (BMP) with Al Baraka Bank Egypt, enabling #Shariah-compliant trade finance transactions worth USD 50 million. Signed during the Islamic Development Bank (IsDB) Group Annual Meetings 2025 in #Algiers, the policy strengthens ICIEC’s mission to #support: ✅ #Expansion of Islamic trade finance ✅ #Risk mitigation for cross-border transactions ✅ #Empowerment of SMEs in member states ✅ #Sustainable economic development #ICIEC #AlBarakaBankEgypt #IslamicFinance #TradeFinance #SMEdevelopment #RiskMitigation #IsDB #AnnualMeeting2025 #BMP #ShariahCompliant #InclusiveGrowth #DevelopmentFinance
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On the sidelines of the 2025 Islamic Development Bank (IsDB) Group Annual Meetings, Dr. Khalid Khalafalla, CEO of ICIEC, held a strategic meeting with H.E. Dr. Khalid Al Mabrouk Bsc Acct, Msc Acct, MBA, PMP, PhD, Minister of Finance of the State of Libya and Governor for IsDB/ICIEC. The discussion centered on ICIEC’s continued #support for #Libya’s development agenda, with a particular focus on advancing #investment in priority sectors. Both parties explored enabling conditions and #risk mitigation solutions aimed at accelerating economic recovery and encouraging private sector participation. The meeting also underscored plans to present the broader #services of the IsDB Group to Libyan stakeholders, reaffirming the shared commitment to deepening #cooperation and unlocking new development #opportunities. #2025IsDBGroupAMs #ICIEC #Libya #DevelopmentFinance #RiskManagement
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ICIEC & Egypt: A Strategic Partnership Egypt’s commitment to #sustainable economic growth is reinforced through its expanding #relationship with ICIEC and the Islamic Development Bank (IsDB) Group. ICIEC, operating through the IsDB Group #Cairo Regional Hub, plays a pivotal role in engaging stakeholders and leveraging #credit and political risk #insurance to bolster trade and #investment. Despite #inflation and debt pressures, Egypt’s strategic economic policies continue to drive #growth. ICIEC shares insights into #Egypt’s development path and the role of ICIEC in fostering financial stability. Read more: https://lnkd.in/ddYAgzEa #EgyptFinance #ICIECPartnership #IsDB #TradeResilience
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Driving Impact Through Strategic Collaboration ICIEC, in collaboration with Islamic Finance News, presents a podcast featuring Mr. Ismail Ersahin, Executive Director & CEO of WAIPA, discussing how collaboration among #investment promotion agencies is key to overcoming challenges beyond #funding. The discussion explores how strategic partnerships can amplify #impact, enhance #efficiency, and unlock better investment outcomes for Member States. 👉 Click the link to watch the full podcast: https://lnkd.in/d2n57Nze #ICIEC #WAIPA #InvestmentPromotion #StrategicPartnerships #InvestmentImpact #GlobalCollaboration #IslamicFinance #IFNPodcast
Podcast: Ismail Ersahin, Executive Director, CEO, World Association of Investment Promotion Agencies
https://www.youtube.com/
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Driving Green Finance & Private Sector #Growth In this special #podcast episode recorded during the Islamic Development Bank (IsDB) 2025 Annual Meetings in #Algeria, ICIEC CEO Dr. Khalid Khalafalla joined Islamic Finance News’s Radhika Das to share key #insights on how ICIEC is advancing green finance and strengthening private sector #partnerships for #sustainable economic development across member states. From supporting #climate-resilient projects to catalyzing #investment flows, ICIEC’s mission is clear: building a stronger, greener future for the Islamic world. 🎥 Access the podcast here: https://lnkd.in/dMSVZGfp #ICIEC #IsDBAnnualMeeting2025 #GreenFinance #Algeria #PrivateSectorPartnerships #SustainableDevelopment #IslamicFinance #InvestmentInsurance #ClimateAction
Podcast: Dr. Khalid Khalafalla, CEO, ICIEC
https://www.youtube.com/
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ICIEC Deepens Strategic Partnership with the Maldives at 2025 IsDB Group Annual Meetings During the 2025 Islamic Development Bank (IsDB) Group Annual Meetings, ICIEC held a high-level meeting with H.E. Mr. Hussain Sham Adam Minister of State for Finance and Planning, and H.E. Mr. Hassan Miras, Deputy Minister of Finance and Planning of the Maldives. The discussion centered on expanding the strategic investment partnership between ICIEC and the #Maldives, with a particular focus on new avenues for #cooperation. The meeting reviewed the progress of the #Sukuk program of the Maldives, highlighting the significant strides made towards advancing sustainable financing solutions for the Maldives. ICIEC reaffirmed its unwavering #commitment to supporting ongoing and future transactions that contribute to the country’s #sustainable economic development and resilience. This collaborative dialogue reflects ICIEC’s dedication to translating strategic discussions into tangible, impactful outcomes that foster inclusive #growth and strengthen the economic ties between ICIEC and the Maldives. We look forward to continuing this partnership and working together to promote #development, #risk mitigation, and #Shariah-compliant financing solutions for the benefit of the Maldives. #2025IsDBGroupAMs #ICIEC #Sukuk #ShariahFinance #DevelopmentFinance #Maldives #RiskMitigation
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During the 2025 IsDB Group Annual Meetings in #Algiers, Dr. Khalid Khalafalla, CEO of ICIEC, met with H.E. Anggito Abimanyu, Vice Minister of Finance of #Indonesia, to explore new avenues of collaboration to enhance #export credit facilities and expand political #risk coverage, aligning Indonesia’s development priorities. Both leaders also examined #opportunities to partner on #Hajj-related #infrastructure projects and reviewed a robust pipeline of joint initiatives. Their conversation reaffirmed ICIEC’s #commitment to long-term #cooperation and #sustainable growth in Indonesia. #2025IsDBGroupAMs #ICIEC #Sukuk #IslamicFinance #SustainableDevelopment
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Dr. Khalid Khalafalla, CEO of ICIEC, met with H.E. Dr. Samir Abdel Hafiz, Tunisia’s Minister of Economy and Planning and IsDB/ICIEC Governor, to explore new avenues for strategic cooperation on the sidelines of the 2025 Islamic Development Bank (IsDB) Group Annual Meetings in #Algiers. They reaffirmed their commitment to deepening ICIEC’s #support for Tunisian #exports and #imports, leveraging tailored #investment-insurance solutions and #risk-mitigation tools. Discussions highlighted #opportunities to stimulate private-sector growth by enhancing market confidence and unlocking new #financing channels. Both sides agreed to pursue collaborative initiatives that will foster #sustainable economic #development across #Tunisia. #2025IsDBGroupAMs #ICIEC #Tunisia #TradeFinance #SMEGrowth
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