Jeddah: The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IsDB) Group, will co-organize the IsDB Group Private Sector Forum as a side event at the 50th Annual Meetings of the IsDB Board of Governors, to be held in Algiers, Algeria, from May 19-22, 2025.
The Forum aims to bring together policymakers, private-sector leaders, and representatives from key multilateral institutions to explore solutions for boosting cross-border trade, investment flows, and regional cooperation.
ICIEC’s High-Level Panel Discussion (HLPD), titled “Unlocking Trade Potential among Africa, Arab Countries, and Algeria.
The Role of Multilateral Development Institutions and Global Cooperation,” will focus on Algeria's strategic position as a bridge between Africa and the Arab world.
Discussions will cover the role of Shariah-compliant risk mitigation instruments, advancements in trade financing, and initiatives in infrastructure, energy, and agriculture.
The event will feature keynote speeches from senior government officials, IsDB Group executives, and other distinguished partners, highlighting policies and practices that promote sustainable economic development.
Dr. Khalid Khalafalla, CEO of ICIEC, emphasized the Forum’s goal: "By gathering experts and leaders, we aim to showcase the role of Shariah-compliant insurance solutions and innovative financing in driving investment, mitigating risks, and accelerating growth."
For more details or to register for the event, visit: https://isdbg-psf.org/.
ICIEC, operational since 1994, promotes trade and investment between OIC Member States through risk mitigation tools and financial solutions.
As the world’s only Islamic multilateral insurer, ICIEC has maintained an "Aa3" financial strength rating for 17 consecutive years and has insured over USD 121 billion in trade and investment.
