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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…

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

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    • AMAN Union Partners with RISC Institute DMCC to Enhance Insurance Expertise Across AMAN Union Members
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

AMAN Union Partners with RISC Institute DMCC to Enhance Insurance Expertise Across AMAN Union Members

In addition to the Cert. CII™ program, the collaboration will offer high-level workshops designed for senior professionals, focusing on key areas such as Governance, Risk, and Compliance

AMAN Union, the leading professional forum for commercial and non-commercial risk insurers and reinsurers in member countries of the Organization of Islamic Cooperation (OIC), has signed a Corporate Training Services Agreement with RISC Institute DMCC, a renowned training institution specializing in talent development for the insurance, risk management, personal finance…

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) Signs Memorandum of Understanding (MoU) with the Central Bank of the Republic of Azerbaijan to Enhance Islamic Insurance Services
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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) Signs Memorandum of Understanding (MoU) with the Central Bank of the Republic of Azerbaijan to Enhance Islamic Insurance Services

This cooperation is expected to contribute to the broader use of new financial tools in Azerbaijan, thereby accelerating investment inflows and fueling sustainable economic growth

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a Shariah-based multilateral insurer and member of the Islamic Development Bank (IsDB) Group, has signed a Memorandum of Understanding (MoU) with the Central Bank of the Republic of Azerbaijan (CBAR). The MoU was signed by Dr. Khalid…

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

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    • Eng. Yasser Alaki, Director, Business Development Department at ICIEC, and Mr. Byung Chul Won, Executive Vice President at KIND
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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 the Korea Overseas Infrastructure and Urban Development Corporation (KIND) Sign a Memorandum of Understanding (MoU) to Foster Public-Private Partnerships in ICIEC Member States

The collaboration under this MoU reflects ICIEC's commitment to facilitating investment and promoting sustainable development in its Member States

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a Shariah-based multilateral insurer and member of the Islamic Development Bank (IsDB) Group, has signed a Memorandum of Understanding (MoU) with the Korea Overseas Infrastructure and Urban Development Corporation (KIND). This significant agreement, signed in Korea by…

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) Welcomes the Togolese Republic as its 50th Member State
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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) Welcomes the Togolese Republic as its 50th Member State

This milestone not only reflects the growing trust and collaboration within the Organization of Islamic Cooperation (OIC) but also reinforces ICIEC's commitment to providing tailored insurance solutions

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), a Shariah-based multilateral insurer and a member of the Islamic Development Bank (IsDB) Group, is proud to announce that the Togolese Republic has officially joined ICIEC as its 50th member state. This milestone not only reflects the…

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) and the Japan Bank for International Cooperation (JBIC) Forge Strategic Alliance to Boost Trade and Investment

The partnership will facilitate transactions involving Japanese companies as exporters, EPC contractors, or investors in projects that promote the development of ICIEC’s member states

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), a Shariah-based multilateral insurer and a member of the Islamic Development Bank (IsDB) Group, and the Japan Bank for International Cooperation (JBIC) have signed a landmark Memorandum of Understanding (MoU) to enhance cooperation and support the development…

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

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

Appointment of Dr. Khalid Khalafalla as Officer-in-Charge of Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

Dr. Khalafalla brings a wealth of experience and expertise to this role, having served in various capacities within the Islamic Development Bank (IsDB) Group

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a Shariah-based multilateral insurer and a member of the Islamic Development Bank (IsDB) Group is pleased to announce the appointment of Dr. Khalid Khalafalla as Officer-in-Charge, effective 19 May 2024. Dr. Khalafalla brings a wealth of experience…

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

Strengthening Global Partnerships: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Seals 13 Agreements Worth US$689 Million Across Diverse Sectors at the 2024 Islamic Development Bank Group (IsDB) Annual Meetings

This included the ICIEC’s High-Level Panel Discussion that highlighted the transformative role of Saudi investments in fostering economic growth across ICIEC Member States, in alignment with their national development agendas

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), the Shariah-based multilateral insurer and member of the Islamic Development Bank (IsDB) Group, successfully concluded the 2024 Annual Meetings, having signed thirteen significant agreements and MoUs totaling US$ 689 million. These commitments with fifteen member countries and…

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

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    • Mr. Oussama Kaissi, CEO of ICIEC, and Mr. Adel bin Abdullah Al-Jumaa, Chief Strategy Officer, Agricultural Development Fund
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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 (ICIEC) and Kingdom of Saudi Arabia's (KSA) Agricultural Development Fund Collaborate to Strengthen Agricultural Sector

The MoU, in addition to strengthening the Fund’s employees’ understanding of ICIEC’s business model and services, will also facilitate its affiliations with relevant unions or professional associations

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a Shariah-based multilateral insurer and esteemed member of the Islamic Development Bank (IsDB) Group, is pleased to announce the signing of a Memorandum of Understanding (MoU) with the Agricultural Development Fund (Saudi Arabia). The signing took place…

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

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    • Eng. Esmail Alsallom, CEO of INFRA, H.E. Dr. Muhammad Al Jasser, Chairman of the Board of Directors of ICIEC and Mr. Oussama Kaissi, ICIEC's CEO
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

CORRECTION: The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Kingdom of Saudi Arabia’s National Infrastructure Fund (INFRA) Partner to Boost Infrastructure Development in Saudi Arabia

Through this collaboration, ICIEC will support INFRA’s efforts to accelerate strategic infrastructure projects in the Kingdom, contributing to the goals of Saudi Vision 2030

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a leading Shariah-based multilateral insurer and esteemed member of the Islamic Development Bank (IsDB) Group, is proud to announce the signing of a Memorandum of Understanding (MoU) with the National Infrastructure Fund of Saudi Arabia (INFRA). This…