Islamic Corporation for the Development of the Private Sector (ICD) Signs USD 15 Million Shariah-Compliant Small and Medium Enterprises (SME) Financing Deal with TuranBank

Posted on June 17, 2026 by CoreNews Africa

ICD and TuranBank signed an Expression of Intent for a proposed USD 15 million Shariah-compliant Line of Finance in Azerbaijan. The financing will support onward lending to private sector projects, focusing on SME development. The signing took place on 17 June 2026 in Baku, on the sidelines of the IsDB Annual Meeting Private Sector Forum. […]

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Islamic Corporation for the Development of the Private Sector (ICD) Signs USD 15 Million Shariah-Compliant Small and Medium Enterprises (SME) Financing Deal with TuranBank

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