Islamic Corporation for the Insurance of Investment and Export Credit
E891947
The Islamic Corporation for the Insurance of Investment and Export Credit is a multilateral Islamic insurance institution that provides Sharia-compliant investment and export credit insurance to support trade and foreign direct investment among member countries.
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
Islamic insurance institution
ⓘ
export credit agency ⓘ multilateral development institution ⓘ |
| aimsTo |
enhance economic development in member countries
ⓘ
increase intra-OIC trade ⓘ |
| focusesOn |
export promotion
ⓘ
investment promotion ⓘ trade facilitation ⓘ |
| governedBy |
Board of Directors
NERFINISHED
ⓘ
Board of Governors NERFINISHED ⓘ |
| hasMembershipType | sovereign states ⓘ |
| hasOfficialLanguage |
Arabic
ⓘ
English ⓘ |
| hasPurpose |
to provide Sharia-compliant investment and export credit insurance
ⓘ
to support foreign direct investment among member countries ⓘ to support trade among member countries ⓘ |
| hasSector |
Islamic finance
ⓘ
export credit insurance ⓘ trade finance ⓘ |
| headquartersCountry | Saudi Arabia NERFINISHED ⓘ |
| headquartersLocation | Jeddah NERFINISHED ⓘ |
| inception | 1994 ⓘ |
| isMemberOf | Islamic Development Bank Group NERFINISHED ⓘ |
| legalForm | international organization ⓘ |
| offersProduct |
bank master policy
ⓘ
buyer credit insurance ⓘ comprehensive non-payment cover ⓘ investment guarantee ⓘ supplier credit insurance ⓘ |
| operatesInAccordanceWith | Sharia ⓘ |
| parentOrganization | Islamic Development Bank NERFINISHED ⓘ |
| providesService |
credit risk insurance
ⓘ
export credit insurance ⓘ investment insurance ⓘ political risk insurance ⓘ reinsurance ⓘ |
| regionServed | member countries of the Organization of Islamic Cooperation ⓘ |
| riskCovered |
commercial risk
ⓘ
expropriation risk ⓘ political risk ⓘ sovereign risk ⓘ transfer and convertibility risk ⓘ war and civil disturbance risk ⓘ |
| shortName | ICIEC NERFINISHED ⓘ |
| supports |
cross-border trade among member countries
ⓘ
foreign direct investment flows into member countries ⓘ |
| website | https://iciec.isdb.org ⓘ |
Referenced by (1)
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