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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 Host High Level Panel Discussion at the Islamic Development Bank Group (IsDB) Private Sector Forum- "Gateway to Growth: Saudi Investments as a Catalyst for Development in ICIEC Member States"

The HLPD will highlight the significant role of Saudi investments in driving economic development across ICIEC Member States, aligning with the national development agendas of these countries

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org/), the Shariah-compliant multilateral insurer and member of the Islamic Development Bank (IsDB) Group, is co-organising the IsDB Group Private Sector Forum as a side event at the 49th Annual Meetings of the Board of Governors of 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) Partners with African Development Bank Group (AfDB) to Support Financing of Environment, Social and Governance (ESG) Projects in Côte d’Ivoire with EUR 194 million Insurance Support

African Development Bank’s partnership with ICIEC is pivotal to scaling up the Bank’s partial credit guarantee scheme to attract the needed financing by Standard Chartered

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a multilateral credit and political risk insurer and a member of the IsDB Group and the African Development Bank, have signed a strategic risk sharing engagement aimed at fostering sustainable development in Côte d’Ivoire. In this landmark…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
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 16th Consecutive Year

ICIEC’s profitability remained resilient in 2022, with a combined ratio of 37.3% and net income of Islamic Dinar 8.2 million, benefitting from enhanced business-coverage, reduced risk

Moody's Investor Services (Moody’s) affirmed ICIEC’s (https://ICIEC.IsDB.org) Aa3 Insurance Financial Strength Rating (IFSR) with a stable outlook for the 16th consecutive year. The affirmation of the rating reflects the strong fundamentals - ICIEC’s financial position, risk governance and continued support from its parent - the Islamic Development Bank (IsDB) and multiple…

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 Credits (ICIEC) and Standard Chartered Partner for a Transformative Solar Electrification Project in Senegal (1)
    • The Islamic Corporation for the Insurance of Investment and Export Credits (ICIEC) and Standard Chartered Partner for a Transformative Solar Electrification Project in Senegal (2)
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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 Credits (ICIEC) and Standard Chartered Partner for a Transformative Solar Electrification Project in Senegal

This ambitious project, valued at EUR 103 million, aims to harness solar energy to power streetlights across Senegal's rural areas, improving the quality of life, and supporting economic activities reliant on consistent energy access

At the COP 28 event in the United Arab Emirates, a significant partnership was forged through the signing of a Non-Honoring of Sovereign Financial Obligation (NHSFO) agreement between The Islamic Corporation for the Insurance of Investment and Export Credits (ICIEC) (https://ICIEC.IsDB.org), a multilateral credit and political risk insurer and a…

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

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    • Islamic Development Bank (IsDB), Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and International Renewable Energy Agency (IRENA) Pioneer a Green Horizon: Strategic Collaboration Unveils New Frontiers in Renewable Energy Finance (1)
    • Islamic Development Bank (IsDB), Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and International Renewable Energy Agency (IRENA) Pioneer a Green Horizon: Strategic Collaboration Unveils New Frontiers in Renewable Energy Finance (2)
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

Islamic Development Bank (IsDB), Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and International Renewable Energy Agency (IRENA) Pioneer a Green Horizon: Strategic Collaboration Unveils New Frontiers in Renewable Energy Finance

The partnership entails IsDB and ICIEC's membership in the Energy Transition Accelerator Financing Platform (ETAF), a multi-stakeholder climate finance solution managed by IRENA

The Islamic Development Bank (IsDB), and its multilateral credit and political risk insurer “The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), signed a Collaborative Partnership Agreements with The International Renewable Energy Agency (IRENA) on December 2nd, 2023, on the sidelines of COP28’s celebrations. These significant…

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

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    • ICIEC Partners BOAD at COP 28 to Boost Sustainable Investment and Prosperity in West Africa (1)
    • ICIEC Partners BOAD at COP 28 to Boost Sustainable Investment and Prosperity in West Africa (2)
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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) Partners the West African Development Bank (BOAD) at the Conference of the Parties (COP 28) to Boost Sustainable Investment and Prosperity in West Africa

The core focus of the partnership is to address key areas such as climate change adaptation and communication projects

In a significant move at COP 28, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a leading multilateral credit and political risk insurer, and the West African Development Bank (BOAD) have inked a Memorandum of Understanding (MOU). This collaboration marks a milestone in promoting economic…

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 Global Green Growth Institute (GGGI) Form Strategic Partnership for Sustainable Economic Growth (1)
    • The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Global Green Growth Institute (GGGI) Form Strategic Partnership for Sustainable Economic Growth (2)
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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 Global Green Growth Institute (GGGI) Form Strategic Partnership for Sustainable Economic Growth

The partnership encompasses linking ICIEC's credit and political risk insurance tools to funds, transactions, and projects in common Member and Partner States

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a multilateral credit and political risk insurer and a member of the IsDB Group, and the Global Green Growth Institute (GGGI), forged a transformative partnership by signing a Memorandum of Understanding (MoU) during COP 28. The MoU…

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 Join Forces with GE Vernova at Conference of the Parties (COP 28) to Promote Sustainable Projects Across ICIEC Member States (1)
    • Islamic Corporation for the Insurance of Investment and Export Credit Join Forces with GE Vernova at Conference of the Parties (COP 28) to Promote Sustainable Projects Across ICIEC Member States (2)
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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 Join Forces with GE Vernova at Conference of the Parties (COP 28) to Promote Sustainable Projects Across ICIEC Member States

This collaboration will accelerate the deployment of capital, goods, and services necessary for sustainable energy projects in ICIEC member states

In a landmark event during COP 28, The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a multilateral credit and political risk insurer and a member of the IsDB Group and GE Energy Financial Services, Inc (GE Vernova) formalized their collaboration through a Memorandum of Understanding…

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) Launches Bespoke Climate Change Policy & Environmental, Social, and Governance (ESG) Framework at Conference of the Parties (COP 28) (1)
    • The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Launches Bespoke Climate Change Policy & Environmental, Social, and Governance (ESG) Framework at Conference of the Parties (COP 28) (2)
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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) Launches Bespoke Climate Change Policy & Environmental, Social, and Governance (ESG) Framework at Conference of the Parties (COP 28)

The framework emphasizes embedding ESG principles to ICIEC's operations, developing ESG-centric products and services, incorporating ESG imperatives into risk assessment and underwriting

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a multilateral credit and political risk insurer and a member of the IsDB Group, proudly announces the unveiling of its Climate Change Policy and Environmental, Social, and Governance (ESG) Framework during COP28. The momentous launch was graced…

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) Unveils Pioneering Initiatives and High-Profile Side Events at Conference of the Parties (COP28)

During COP28, ICIEC is set to host two prestigious high-level events that will delve deep into critical aspects of climate finance and mitigation

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a multilateral credit and political risk insurer and a member of the IsDB Group, is set to take center stage at COP28, as it announces the launch of its groundbreaking Climate Change Policy & ESG Framework and…