24/05/2025

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Al Baraka Bank ...

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, today signed a Documentary Credit Insurance Policy (DCIP) with Albaraka Bank Egypt, on the sidelines of the IsDB Group Annual Meetings 2025 in Algiers to support export transactions backed by Letters of Credit worth USD 50 Million. The DCIP was signed by Dr. Khalid Khalafalla,...
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