Kazakhstan : Cooperation between ICD and The coordination council of the Financial and Banking Association of Member Countries of the Cooperation of Shanghai
Mr. Khaled Al Aboodi, the CEO of the Islamic Corporation for the Development of the private sector (ICD), member of Islamic Development Bank Group, was invited to attend the meeting of coordination council of the Financial and Banking Association of Member Countries of the Cooperation of Shanghai. The main objective of this meeting is to enhance collaboration and attract financing and investments to member countries of Cooperation of Shanghai.
During the meeting, Mr. Khaled Al-Aboodi addressed the participants and delivered a presentation on ICD s activities, products and services. In addition, he presented the different Islamic modes of finance and highlighted ICD s operation mechanisms in its member counties. ICD was invited during the meeting to join the Forum as a member and a proposal was made to enhance collaboration by signing a strategic MOU between ICD and the Association to promote economic development and encourage the flow of investments between Member countries through the creation, expansion and modernization of institutions and private sector companies.