Source: Islamic Corporation for the Development of the Private Sector (ICD) | Jan 15, 2016
ICD supports Ivory Coast to successfully Issue the largest West African Sovereign Sukuk
The Islamic Corporation for the Development of the Private Sector (“ICD”), an arm of the Jeddah-based Islamic Development Bank, acted as the Lead Arranger.
On 21st December 2015 the Republic of Côte d’Ivoire, acting through the Ministry of Economy and Finance, closed an inaugural local currency, CFA 150 Billion (USD 244 million) Sukuk al-Ijara (“Sukuk”). The Islamic Corporation for the Development of the Private Sector (“ICD”) (http://www.ICD-idb.org), an arm of the Jeddah-based Islamic Development…