In 2021, ICD’s meaningful work supported inclusive development, improved business resilience and sustainability, advanced the Islamic finance agenda and contributed to post-COVID-19 recovery efforts of member countries.
Examples include:
The BRAVE Women Program, which is supporting women-owned SMEs in Nigeria with USD 14.27 million of funding.
This program is accelerating progress towards:
SDG5 (Gender Equality)
SDG8 (Decent Work and Economic Growth)
SDG9 (Industry, Innovation and Infrastructure).
The establishment of two Islamic windows in Senegal and Mali, to cater to growing demand for Shari’ah compliant financial solutions.
This program is accelerating progress towards:
SDG2 (Zero Hunger)
SDG8 (Decent Work and Economic Growth)
SDG9 (Industry, Innovation and Infrastructure)
SDG17 (Partnership for the Goals)
The signing of three new advisory mandates for the Maldives, as part of a USD 1.0 billion Sukuk Program.
This program is accelerating progress towards:
SDG1 (No Poverty)
SDG3 (Good Health and Well-being)
SDG4 (Quality Education)
SDG8 (Decent Work and Economic Growth)
SDG10 (Reduced Inequalities)
SDG11 (Sustainable Cities and Communities)
SDG16 (Peace, Justice and Strong Institutions)
A USD 22.8 million line of finance to support agricultural SMEs in Cameroon.
This program is accelerating progress towards:
SDG1 (No Poverty)
SDG2 (Zero Hunger)
SDG8 (Decent Work and Economic Growth)
SDG9 (Industry, Innovation and Infrastructure)
SDG17 (Partnership for the Goals)