ICD, Capitas sign deal
The Islamic Corporation for the Development of the Private Sector (ICD) has entered into a joint venture agreement with Capitas Group, LLC, a US financial services firm specializing in developing and managing Shariah-compliant finance companies, to form a management company dedicated to the global development of the Shariah-compliant finance industry. ICD is a multilateral financial institution, which is part of the Islamic Development Bank.
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