06 Mar 2014
(MENAFN) A partnership between Saudi Islamic Corporation for the Development of the Private Sector (ICD) and Morocco-based Al Ajial Funds has been signed to invest jointly in Morocco’s private sector, Arabian Business reported.
ICD chief executive said: Joining our forces to accompany the development of Morocco’s private sector is an important milestone for ICD’s investment strategy in the kingdom.”
The ICD supports its 51 member countries by financing private sector projects which follow Islamic principles.
The ICD provides financing for various projects, but also made direct investments to establish Islamic financial institutions including banks and takaful insurers on the African continent.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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BBK discloses its financial results for the year ended 31st December 2025
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BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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