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Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • Insurance of Investment & Export Credit (ICIEC) and International Islamic Trade Finance Corporation (ITFC) Sign Documentary Credit Insurance Policy to Boost Trade Facilitation for the Benefit of Member Countries
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

Insurance of Investment & Export Credit (ICIEC) and International Islamic Trade Finance Corporation (ITFC) Sign Documentary Credit Insurance Policy to Boost Trade Facilitation for the Benefit of Member Countries

The policy will provide critical coverage for ITFC transactions, enhancing trade confidence and facilitating smoother financial operations in global trade

In a significant development for synergy and cooperation, the Islamic Corporation for the Insurance of Investment & Export Credit (ICIEC) (http://ICIEC.ISDB.org) and the International Islamic Trade Finance Corporation (ITFC) both members of the Islamic Development Bank (IsDB) Group signed a Documentary Credit Insurance Policy (DCIP). This strategic cooperation marks a…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • Islamic Corporation for the Insurance of Investment and Export Credit's (ICIEC) supported Highway and Road Program in Senegal Wins Two Islamic Finance News (IFN) Awards 2024
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

Islamic Corporation for the Insurance of Investment and Export Credit's (ICIEC) supported Highway and Road Program in Senegal Wins Two Islamic Finance News (IFN) Awards 2024

The awards acknowledge ICIEC’s crucial role as the Guarantor of Islamic Finance Tranche for the landmark EUR 259 million Murabaha facility extended by Société Générale

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (www.ICIEC.IsDB.org), a Shariah-compliant multilateral insurer and member of the Islamic Development Bank (IsDB) Group, is pleased to announce that a Highway Project in Senegal, supported by ICIEC,   has been recognized with two prestigious Islamic Finance News (IFN) Awards…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) to organize OIC Business Intelligence Centre (OBIC) Capacity Building Program on Business Intelligence and Information Sharing in Jakarta

The event will focus on OBIC’s vision and the importance of information sharing for trade and investment

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.ISDB.org), a Shariah-compliant multilateral insurer and member of the Islamic Development Bank (IsDB) Group is proud to announce the organization of its upcoming event the Capacity-Building Programme for Users of the OIC Business Intelligence Centre (OBIC), scheduled during…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • Dr. Khalid Khalafalla, Chief Executive Officer of ICIEC
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

Dr. Khalid Khalafalla Named as Islamic Corporation for the Insurance of Investment and Export Credit's (ICIEC) New Chief Executive Officer

In his tenure within the IsDB Group, which began when he joined as a Young Professional in 2005, Dr. Khalafallah has held multiple senior roles

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a Shariah-compliant multilateral insurer and member of the Islamic Development Bank (IsDB) Group, is pleased to announce that its Board of Directors (BOD), during its 121st meeting, has approved to appoint Dr. Khalid Khalafalla as the new Chief…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Leads Groundbreaking Effort to Launch the Africa-Arab Guarantee Fund

This collaboration is designed to strengthen trade and investment ties between the Arab and African regions, fostering economic integration and mutual growth

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a Shariah-compliant multilateral insurer and a member of the Islamic Development Bank (IsDB) Group has entered into a Service Agreement with the Islamic International Trade Finance Corporation (ITFC), Jef Vincent, and ActorX GmbH to create a three-year…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • Dr. Khalid Khalafalla, Officer-in-charge of ICIEC, and Ms. Nurbayu Kasim Chang, Acting President and Chief Executive Officer of MEXIM
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Export-Import Bank of Malaysia Berhad (MEXIM) Sign Strategic Retakaful Agreement to Boost Global Trade

The Quota Share Retakaful Agreement allows both institutions to share risks more effectively, promoting financial stability and fostering increased trade and investment activities on a global scale

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), a Shariah-compliant multilateral insurer and a member of the Islamic Development Bank (IsDB) Group, has entered into a strategic Quota Share Retakaful Agreement with Export-Import Bank of Malaysia Berhad (MEXIM) to provide Export Trade Credit Risk Takaful…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Compagnie Algérienne d’Assurance et de Garantie des Exportations (CAGEX) Forge Strategic Reinsurance Partnership at AMAN Union's 14th Annual Meeting
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Compagnie Algérienne d’Assurance et de Garantie des Exportations (CAGEX) Forge Strategic Reinsurance Partnership at AMAN Union's 14th Annual Meeting

This collaboration aims to enhance CAGEX's capacity to underwrite larger volumes of export credit insurance, thereby empowering Algerian exporters to confidently expand into new markets

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), a Shariah-compliant multilateral insurer and a member of the Islamic Development Bank (IsDB) Group has signed a landmark Reinsurance Agreement with Compagnie Algérienne d’Assurance et de Garantie des Exportations (CAGEX), Algeria's national export credit agency. The agreement…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Awarded "Insurance Adviser of the Year - Africa" for Advancing Sustainable Development
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Awarded "Insurance Adviser of the Year - Africa" for Advancing Sustainable Development

In Senegal, ICIEC and Standard Chartered signed a €103 million insurance agreement to support the government’s initiative to install 50,000 off-grid solar streetlamps in rural areas

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), a Shariah-based multilateral insurer and member of the Islamic Development Bank (IsDB) Group, is proud to announce its recognition as the "Insurance Adviser of the Year - Africa" at the prestigious IJInvestor Awards 2024. This honor highlights ICIEC’s…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • Algerian Export Insurance and Guarantees Company (CAGEX) Hosts the 14th AMAN UNION Annual General Meeting to Foster Credit Insurance and Trade Exchange Across Africa, Arab, and Islamic Countries
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

Algerian Export Insurance and Guarantees Company (CAGEX) Hosts the 14th AMAN UNION Annual General Meeting to Foster Credit Insurance and Trade Exchange Across Africa, Arab, and Islamic Countries

The Annual General Meeting will also serve as a platform for knowledge-sharing, fostering partnerships, and exploring new opportunities to enhance risk management and insurance services within the region

AMAN UNION, the premier professional forum for commercial and non-commercial risk insurers and reinsurers within the member countries of the Organization of the Islamic Cooperation (OIC), is delighted to announce its 14th Annual General Meeting to be hosted by the Algerian Export Insurance and Guarantees Company (CAGEX), and the event…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • Moody’s Affirms Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Aa3 Insurance Financial Strength Rating (IFSR) with Stable Outlook for the 17th Consecutive Year
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

Moody’s Affirms Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Aa3 Insurance Financial Strength Rating (IFSR) with Stable Outlook for the 17th Consecutive Year

The Corporation’s solid financial performance has been driven by a diversified business mix, reduced exposure concentrations, and operational efficiency improvements

Moody's Ratings affirmed ICIEC’s Aa3 Insurance Financial Strength Rating (IFSR) with a stable outlook for the 17th consecutive year (http://ICIEC.IsDB.org), underscoring its strong standalone credit profile and ongoing support from key shareholders, including the Islamic Development Bank (IsDB) and sovereign members of the Organization of Islamic Cooperation (OIC). Key factors…

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