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Islamic Finance Briefing - Categorized | Banking, Market Moves, People more

ICD CEO sees huge potential in Africa

Posted on 24 November 2009

From Menafn.com: Khaled Mohammed Al-Aboodi is a development banker in a hurry. He is also part of a new generation of Islamic development bankers for whom substance perhaps takes priority over form and where performance and social and real economy impact is the yardstick.

As CEO and general manager of the Jeddah-based Islamic Corporation for the Development of the Private Sector (ICD), the private sector funding arm of the Islamic Development Bank (IDB) Group, he acknowledges that a core part of the mission of the IDB Group, and hence ICD, is to support Islamic financial institutions, especially to extend financing to small-and-medium-sized enterprises (SMEs)………………………..Full Article: Source

 
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