ICDPS

03/09/2026

On the occasion of Uzbekistan’s Independence Day, ICD proudly joins the nation in celebrating its remarkable journey of progress, transformation, and opportunity.
As Uzbekistan continues to strengthen its economy and empower its private sector, ICD remains committed to supporting sustainable investment, expanding Shari’ah-compliant financing, and enabling businesses to grow, innovate, and create lasting development impact.
Discover how ICD supports private sector development:
https://www.icd-ps.org/en/icd-global-hub

02/09/2026

ICD plays a leading role in advancing Islamic finance across its member countries, acting as a trusted institutional partner with more than two decades of cumulative experience. Through a comprehensive approach that combines tailored financing solutions, strategic advisory, and innovation-driven capabilities, ICD supports not only market growth, but also the development of strong knowledge foundations essential for long-term leadership.
True leadership in Islamic finance is not defined by scale alone, it is driven by the depth of institutional expertise and knowledge. This is clearly reflected in the IFDI 2024 rankings, where leading markets—Malaysia, Saudi Arabia, the UAE, Indonesia, and Pakistan—stand out for their sustained investment in human capital and robust knowledge ecosystems.
In this context, ICD serves as a catalyst for knowledge, innovation, and sustainable development, enabling member countries to build resilient Islamic finance sectors and position themselves as competitive leaders on the global stage.
Explore more about ICD role in Islamic Finance : https://www.icd-ps.org/en/icd-global-hub

31/08/2026

ICD congratulates Malaysia on Hari Merdeka. 🇲🇾

Malaysia continues to play a leading role in Islamic finance, innovation, and private sector development, reflecting how strong financial ecosystems can support sustainable economic growth.

On this occasion, ICD celebrates Malaysia’s progress and reaffirms its commitment to advancing inclusive development across its member countries.

Discover ICD’s work in advancing Islamic finance and private sector development:
https://www.icd-ps.org/en/icd-global-hub

31/08/2026

ICD extends its congratulations to Kyrgyzstan on its Independence Day. 🇰🇬

As the country marks this important national occasion, ICD recognizes the value of inclusive finance in expanding opportunity and supporting private sector resilience.

ICD remains committed to helping member countries build stronger markets and sustainable pathways for economic growth.

Learn more about ICD’s work in member countries:
https://www.icd-ps.org/en/icd-global-hub

27/08/2026

What does it take to build truly resilient communities?

It begins with responsible investment and a commitment to long-term impact. At ICD, we integrate Environmental, Social, and Governance (ESG) principles into our operations to ensure that growth is not only sustainable, but also inclusive and resilient. By aligning financing with responsible practices, we support businesses that protect the environment, empower communities, and uphold strong governance standards.

Through this approach, we contribute to stronger livelihoods, enhanced social inclusion, and communities that are better equipped to adapt, grow, and thrive.

Because resilience is not built by chance it is built through purpose-driven action.

Learn how ICD applied ESG principles: 

https://www.icd-ps.org/en/icd-global-hub 

24/08/2026

When Uzbekistan joined ICD in 2004, Islamic finance was virtually absent from its private sector landscape . In 2011, ICD established Taiba Leasing — Uzbekistan's first-ever Sharia-compliant institution — and began building outward. Over the following years, partnerships with Asia Alliance Bank, Turonbank, Ipak Yuli Bank, Hamkorbank, KapitalBank, and Uzbek Leasing International created a national network of Islamic finance channels reaching SMEs across the country.
By 2022, ICD had signed USD 105 million in simultaneous agreements with four Uzbek banks. By 2024, the results were measurable: 5,000+ jobs created, 500+ leasing transactions completed, and USD 353 million in SME financing extended. In 2025, ICD led the closing of Uzbekistan's first-ever Sharia-compliant syndicated facility for AKLease marking the country's graduation from recipient to active participant in regional Islamic finance.
What began as a blank page in 2004 is today a complete ecosystem built institution by institution, over two decades of patient and purposeful development.
Discover More About ICD’s Support to Financial institutions in Uzbekistan : https://www.icd-ps.org/en/icd-global-hub

22/08/2026