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and process, credit risk and market risk, and legal process related to both entities’ operations and corporate activities. ICD Compliance team also showcased a presentation on the anti-money laundering and anti-corruption policy implemented in 2020.
British International Investment (BII)
ICD organized a virtual workshop between ICD’s Development Effectiveness and Compliance and BII’s Environmental Social Governance and Business Integrity teams. The workshop program focused
on BII’s and ICD’s institutional policy, procedure for Environmental and Social Governance, the roles and functions of Environmental and Social Governance and on developing an understanding regarding the policy and strategy of both institutions in order
to strengthen their partnership and accelerate progress on exploring co-financing opportunities.
CrossBoundary
ICD organized a virtual workshop between ICD MENA, the IsDB and the CrossBoundary team
to discuss CrossBoundary and the United States Agency for International Development (USAID) Business Growth Activity (BGA) program in Jordan. The session also covered the scope and scale
of Islamic finance for IsDB’s activities in Jordan, including target sectors and investment as well as potential avenues of collaboration between IsDB and BGA in Jordan.
ICD ORGANIZED A VIRTUAL WORKSHOP BETWEEN ICD’S DEVELOPMENT EFFECTIVENESS AND COMPLIANCE AND BII’S ENVIRONMENTAL SOCIAL GOVERNANCE AND BUSINESS INTEGRITY TEAMS.
International Financial Corporation (IFC) Middle East, Afghanistan, and Pakistan
In April 2022, ICD organized a virtual knowledge sharing session with the IFC Egypt team. During the session, the ICD-ICF team and IFC discussed opportunities for co-financing in the power and energy sectors in Egypt. Subsequently, in May 2022, ICD and IFC jointly organized a workshop chaired by the Acting CEO of ICD, where the Infrastructure and Corporate Finance and Sukuk teams and IFC discussed the mechanism for developing regional engagements and sharing a pipeline. Both teams also exchanged knowledge on local currency financing. Both regional teams agreed to have monthly meetings to discuss the pipeline projects and co-financing opportunities.
In November 2022, ICD organized a meeting with IFC Jordan and Iraq at ICD’s headquarters. During the meeting, the Head of IFC Jordan and Iraq, the IFC Team, and IsDB PPP discussed IFC pipeline projects in Jordan and Iraq and opportunities to co- finance projects in MENA led by IFC and healthcare projects in Jordan.
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