Annual Report 2023

#EmpoweringProsperity| Publication date: 1 May 2024

Empowering Prosperity: Bridging Finance for Inclusive Growth and a Sustainable Future

The ICD Annual Report 2023 highlights significant strides in leveraging Islamic finance for empowering global prosperity and sustainable development. Here are some key achievements:

• Expanded Operations: Successful expansion in providing Shari’ah-compliant funding across various sectors, with a notable focus on supporting small and medium-sized enterprises (SMEs).
• Strategic Partnerships: Forged new alliances and strengthened existing ones, enhancing the impact across member states.
• Financial Highlights: Achieved a record of USD 6.92 billion in cumulative approvals for projects aimed at private sector development.

For more details, visit our full annual report.