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Friday, 19 May 2017 11:00

ICD signs MOU

ICD signs MOU

The Islamic Corporation for the Development of the Private Sector (ICD) has signed the Memorandum of Understanding (MOU) with the Association for Azerbaijan-Arab Countries Cooperation (AACC)to introduce Islamic banking products and lobby for changes in the banking legislation of Azerbaijan.

The document was signed within the framework of the IDBG Private Sector Forum organized by the Islamic Development Bank Group in Jeddah (Saudi Arabia), Caspian Energy News (www.caspianenergy.net) reports with reference to Trend.

Within the framework of the Memorandum the two organizations will also exchange experience, organize joint investment forums, marketing research, workshops and other works.

Speaking at the signing ceremony, ICD’s CEO Khaled Al-Aboodi said the memorandum is of a strategic nature both for the Islamic Corporation and for AACC.

More details: http://www.trend.az/business/economy/2755865.html

Person in charge of the newsline: Fidan Isayeva 

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