Company Information

Get to know islamic corporation for the development of the private sector (icd)

Established in November 1999, the ICD's mandate is to support the economic development of its member countries by providing Shari'ah-compliant financing for private sector projects, promoting competition, and encouraging entrepreneurship. It provides a range of financial products and services including direct financing (debt and equity), asset management, and advisory services to private enterprises. The ICD also plays a crucial role in promoting Islamic finance and encouraging cross-border investments among its member countries.

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islamic corporation for the development of the private sector (icd)

Saudi Arabia

Founded in

1999 (27 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.