Islamic Corporation for Development of the Private Sector (ICD) is developing its operations in Azerbaijan. At the IV Baku International Banking Conference Hisham Nazih Al-Nasser, ICD director for assets management and advisory work, has claimed that currently the ICD was working on a project of first Islamic insurance company Kaufad in Azerbaijan.
“The Corporation is also ready to offer a special line for development of leasing company Ansar Leasing,” Mr. Al-Nasser said. Ansar Leasing is wholly owned by the Islamic Development Corporation………………………………………..Full Article: Source