Transformative Role in Islamic Finance
ICD has played a pivotal role in establishing and expanding Islamic finance globally, creating new opportunities for Shari’ah-compliant financial systems in underserved regions. Investments in institutions such as Banque Islamique de Guinée, Banque Islamique du Sénégal, and Amãna Bank in Sri Lanka have paved the way for robust financial infrastructures that foster economic growth.
In Guinea and Senegal, ICD’s equity investments participated in the first and only Islamic banks in these countries, directly addressing the absence of Shari’ah-compliant options. In Sri Lanka, ICD’s investment in Amana Bank introduced Islamic banking to a non-member country, showcasing its ability to expand the reach of Islamic finance beyond traditional boundaries. These investments not only broaden financial inclusion but also enhance the credibility and resilience of Islamic finance globally.

ICD has played a pivotal role in establishing and expanding Islamic finance globally, creating new opportunities for Shari’ah-compliant financial systems in underserved regions.