The Islamic Firm for the Insurance Policy of Financial Investment and Export Credit Report (ICIEC) (http://ICIEC.IsDB.org), a Shariah-based multilateral insurance company and a participant of the Islamic Growth Financial Institution (IsDB) Team, is happy to reveal the finalizing of a Memorandum of Recognizing (MoU) with the Federation of Specialists from Islamic Nations (FOCIC). This contract was authorized by ICIEC CHIEF EXECUTIVE OFFICER Mr. Oussama Kaissi and Mr. Zakariyah AbdulRahman Al Abdulqadir, Head Of State, FOCIC throughout the IsDB Team Yearly Satisfying 2024 kept in Riyadh.
This MoU has actually been developed in between ICIEC and FOCIC to develop a detailed structure for cooperation in the locations of understanding sharing and technological ability for the events within the insurance policy and having fields.
ICIEC’s President, Mr. Oussama Kaissi, shared that “the MoU developed with FOCIC stands for an extensive commitment to advertising the understanding and execution of Islamic insurance policy throughout their participant nations. By integrating their sources and efficiency, they are well-positioned to effectuate considerable development in the insurance policy and building and construction fields, vital for continual financial growth and improvement within their neighborhoods”.
Dispersed by APO Team in behalf of Islamic Firm for the Insurance Policy of Financial Investment and Export Credit Report (ICIEC).
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About The Islamic Firm for the Insurance Policy of Financial Investment and Export Credit Report (ICIEC):
ICIEC began procedures in 1994 to reinforce financial connections in between OIC Participant States and advertise intra-OIC profession and financial investments by giving danger reduction devices and economic services. The Firm is distinctly the only Islamic multilateral insurance company on the planet. It has actually led from the front in supplying a detailed collection of services to firms and events in its 49 Participant States. ICIEC, for the 16th successive year, kept an “Aa3” insurance policy economic toughness credit score score from Moody’s, rating the Firm amongst the top of the Debt and Political Threat Insurance Policy (CPRI) Market. Furthermore, ICIEC has actually been appointed a Newbie AA- long-lasting Company Debt Ranking by S&P with Steady Overview. ICIEC’s strength is underpinned by its audio underwriting, reinsurance, and danger administration plans. Cumulatively, ICIEC has actually guaranteed greater than US$ 108bn in profession and financial investment. ICIEC tasks are guided to details fields– power, production, framework, health care, and farming.
To learn more, go to: http://ICIEC.IsDB.org
