Khaled Al-Aboodi, Chief Executive Officer and General Manager of the Islamic Corporation for the Development of the Private Sector (ICD)

The Islamic Corporation for the Development of the Private Sector (ICD) has long prided itself on its reputation as one of the most successful Islamic institution that contributed to the development of the private sector in its member countries.



Tatarstan is one of the most industrialized advanced republics within the Russian federation. It has good industries and great human resources in terms of research and development. Islamic Development Bank (IDB) has organized investment conference in Tatarstan in 2007. The idea is to market Tatarstan as an investment destination for its member...

Prince Sultan Bin Mohammad Bin Saud Al Kabeer, Chairman of Khalijia Invest, Muneer A. Al Shehri, Chief Executive Officer of Khalijia Invest with members of the board of directors

Khalijia Invest announced the commencement of its operations, under the five licenses awarded by the Saudi Capital Market Authority. As one of the recently established investment companies in the region, Khalijia Invest specializes in Corporate Finance, Asset Management and Investment Advisory, operating in compliance with Shari’ah guidelines.

The announcement of Khalijia Invest was made at a ceremony held at the Four Seasons Hotel in Riyadh, hosted by the Chairman of the Board of Khalijia Invest His Highness Prince Sultan Bin Mohammed Bin Saud Al Kabeer, and attended by the Board...

Ajman Bank, the Emirate’s first Islamic commercial bank, lately hosted its first Annual Business Community Forum under the patronage of HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and chairman of Ajman Bank. The Forum, the first of its kind to be held by the Bank, has been designed to provide a platform for the exchange of information, networking and relationship building within the business community.  
Reflecting its Ajman origins, the 2009 inaugural forum focused on Ajman government bodies and organizations, allowing the Ajman Bank team to forge new relationships, as...

Arif Al Alawi-Tharawat CEO

To further boost its forces and believing in the high qualifications of Bahraini citizens and as part of its Bahrainisation drive, Tharawat Investment House (Tharawat), the latest investment house to operate in Bahrain according to principles of Sharia’a, has been joined by three new Bahraini directors.  
The three new additions are Abdul Raoof Al Mehza’a as Director Placement, Abdul Rahman Al Awadhi as Director Placement, and Anwar Ahmed Ali who join the Company in the post of Director Finance.
In a statement, Arif Mohammed Al Alawi, Tharawat Investment House Chief Executive Officer...

Mohammad Ali, General Manager of the Saudi Sudan bank spoke about the effect of the international crisis on Sudan and his opinion on its causes and effect on the global economy. Finally, the GM shed some light on his bank, its expansion, and future prospects.
Answering a question about how much the global crisis affects Sudan’s banking sector he explained that “the crisis will affect most world economies and it will have some effect on Sudan, as the oil prices have severely dropped. Additionally, the real estate and the exports sectors have been touched too, not to forget the level of...

CEO of Best Lease Aissa Heidoussi started by shedding some light on the Tunisian leasing sector and how far the overall market was affected by the global crisis and what are the strength of the Tunisian economy and how is the government fighting back. The CEO also gave a brief overview of his company, its capital and current profits.
CEO of Best lease Aissa Heidoussi started by shedding some light on the Tunisian leasing sector saying “We have 10 financial companies for Leasing in Tunisia that started in the 80’s and they cover around 80% of transportation. The financial leasing sector...