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The Islamic Corporation for the Development of the Private sector (ICD) and OJSC Agroinvestbank of the Republic of Tajikistan signed a Memorandum of Understanding for cooperation to consider extension of a Line of Financing facility to OJSC Agroinvestbank as part of the country programme allocation of USD 25 million for the Republic of Tajikistan. The Line of Financing facility will be extended by OJSC Agroinvestbank to the SMEs sector to project's in industrial, communication, technology, health, construction and agricultural sectors. Previously ICD extended a total of USD 11.5 million Line of Financing facility for the development of Small and Medium Enterprises in Tajikistan which demonstrates ICD’s firm commitment to develop the private sector in its member countries.

Zilzar Tech Sdn Bhd (Zilzar) has announced the appointment of Mr. Akira Miyama to its Advisory Board. He joins six other international members: Mr. Saleh Lootah, Mr. Safdar Khan, Mr. Rafik Kassim, Mr. Ebrahim Pate, Sir Iqbal Sacranie and Mr. Rahman Khan. Mr. Miyama recently retired as Executive Director of RHB Bank. He also served as Director of RHB Investment Bank, Director of RHB Sakura Merchant Bankers Berhad and Non-Independent Non- Executive Director of RHB Capital Berhad. Zilzar is a B2B and B2C global information, content, community, and trade platform for the Muslim Lifestyle Marketplace.