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

Exploring the Future of Credit and Investment Insurance In ICIEC's latest Newsletter, we feature an exclusive interview with Richard Wulff, Executive Director of the International Credit Insurance and Surety Association (ICISA). He discusses the current state of the credit and investment insurance landscape, the potential impact of emerging risks in the global geopolitical, trade, and investment arenas, and the significance of the recent strategic collaboration between ICISA - International Credit Insurance & Surety Association and the AMAN UNION to advance credit and investment insurance initiatives in their common member states. Read the full interview in our ICIEC Newsletter to gain valuable insights into the future of trade and credit insurance and how it continues to unite our global community. https://lnkd.in/dCt_i767 #ICIEC #ICISA #AMANUNION #CreditInsurance #InvestmentInsurance #TradeFinance #GlobalEconomy #RiskManagement #insurance #collaboration?

Happy Independence Day to our ICIEC member state, Suriname. #IndependenceDay #Suriname #ICIECMemberState

Building Strong Partnerships for Sustainable Development ? We're excited to share insights from Mr. Khurram Hilal, CEO of Group Islamic Banking at Standard Chartered Bank, who highlights ICIEC as an ideal partner for cooperation, its commitment to supporting sustainable and developmental projects, as well as its flexible approach and willingness to execute transactions within tight timelines. ? At ICIEC, we pride ourselves on fostering collaborations that drive positive impact across our 50 member states. Our dedication to Shariah-based solutions and efficient service delivery makes us a trusted partner in the global financial landscape. ? Read more in our latest ICIEC Newsletter?https://lnkd.in/dCt_i767 #ICIEC #StandardChartered #development #projects

Celebrating 30 Years of Shariah-Based Multilateral Insurance Excellence!? ? In our latest ICIEC Newsletter, we feature an exclusive conversation with our leaders, Mohamud Khalif, General Manager of Underwriting Operations, and Yasser Alaki, General Manager of Business Development. They delve into the evolution of risk mitigation and credit enhancement, the cultivation of a robust credit and investment insurance culture, and how we navigate emerging risks in a dynamic global landscape. They also share ICIEC’s future-focused strategies, innovations, and delivery objectives, highlight standout achievements over the past 30 years, and discuss how IsDB member states and industry bodies can enhance awareness and uptake of credit and investment insurance.? ? Join us in exploring how ICIEC is laying the foundation for the next three decades of growth and resilience.? ? Read the full article in our ICIEC Newsletter to gain valuable insights into the future of risk management and insurance in our member economies. https://lnkd.in/dCt_i767? #ICIEC #insurance #investment #newsletter

ICIEC is committed to helping its 50 Member States achieve their development goals, including resilience, mitigation, and adaptation to the threats posed by climate change. ICIEC cover is directed towards various sectors, with USD2.35 billion in 2023 going specifically into clean energy initiatives such as solar energy systems and wind farms - assisting with their importation and use in national infrastructure projects.?? ? The ICIEC Climate Change Policy reinforces the Corporation’s unwavering commitment to combating climate change and serves as a blueprint for ICIEC to increase its intervention in sustainable projects and programs. Read more: https://lnkd.in/dCt_i767 #ICIECIMPACT #Climatechange #mitigation #infrastructure #energy??

Happy Independence Day to #Morocco, an ICIEC member state. #IndependenceDay #ICIECMemberState

Happy National Day to our member state #Oman.? ?#ICIECMemberState #NationalDay

Intra-OIC Trade and Investment: Navigating Challenges in 2023? ? According to the ICIEC 2023 Annual Report, intra-OIC trade grew from USD 4,370 million in 2019 to USD 5,365 million in 2023, while intra-OIC investments faced challenges, declining from USD 1,047 million in 2019 to USD 832 million in 2023. Despite these gains, the path to boosting intra-OIC #trade and #investment is met with hurdles, including the lingering impacts of the pandemic, geopolitical tensions, and global economic slowdowns. ICIEC’s intervention through the provision of export credit and political risk insurance was more crucial than ever to support Member States in securing strategic commodities and fostering cross-border trade and investments. Read more: https://lnkd.in/dCt_i767? #ICIECImpact #OICTrade #InvestmentGrowth #GlobalEconomy #Newsletter?

Advancing Gender Equality in Trade and Credit Insurance The World Trade Organization (WTO) and ICISA - International Credit Insurance & Surety Association are working to promote women’s participation in global trade through informal working groups. Recent initiatives like The #Gambia’s #SheTrades programme and the Jokallenteh Market platform have empowered 130+ women-owned businesses and secured USD 3 million in public tenders. ICIEC also champions diversity, with female leaders driving progress in its 50 member states. Gender equality in trade is key to unlocking global opportunities. The WTO's 2025 World Trade Congress on Gender will further highlight its importance. ? Read more: https://lnkd.in/dCt_i767 #ICIECImpact #GenderEquality #TradeFinance #Newsletter

ICIEC’s Officer-in-Charge, Dr. Khalid Khalafalla, and senior staff were pleased to welcome the delegation from Sumitomo Mitsui Banking Corporation – SMBC Group DIFC Branch to ICIEC Headquarters. This meeting explored opportunities for collaboration in trade finance and investment insurance, with a focus on enhancing financial solutions for sustainable growth in our member countries. As ICIEC is transitioning towards a fully-fledged Treasury, the meeting also explored possible collaborations in treasury and investment matters. ICIEC looks forward to strengthening partnerships with global financial leaders like Sumitomo Mitsui, supporting resilience and development across OIC member states. #ICIECIMPACT #TradeFinance #InvestmentInsurance #TreasurySolutions #SustainableFinance #OIC #GlobalPartnerships #FinancialResilience