BAKU, Azerbaijan, June 9. The Affiliates of the
Islamic Development Bank (IsDB) Group - including the Islamic
Corporation for the Insurance of Investment and Export Credit
(ICIEC), the Islamic Corporation for the Development of the Private
Sector (ICD), and the International Islamic Trade Finance
Corporation (ITFC) – in collaboration with the IsDB Group Business
Forum (THIQAH), are pleased to announce the 14th edition
of the Private Sector Forum (PSF 2026), to be held from June 16 to
19, 2026, at the Baku Convention Centre in Baku, Republic of
Azerbaijan.
Held on the sidelines of the IsDB Group Annual Meetings, the
Forum is organized in close collaboration with the Ministry of
Economy of the Republic of Azerbaijan and the Export and Investment
Promotion Agency of the Republic of Azerbaijan (AZPROMO) under the
high patronage of President of the Republic of Azerbaijan, Ilham
Aliyev.
Under the theme “Regional Integration for Sustainable
Prosperity”, PSF 2026 aims to reinforce the pivotal role of
the private sector in fostering sustainable economic growth,
enhancing trade and investment flows, and unlocking opportunities
for strategic partnerships across IsDB member countries. At a time
when enhancing regional value chains and economic resilience has
become increasingly important, the Forum will serve as a strategic
platform for key stakeholders to explore new business
opportunities, exchange knowledge, and foster deeper economic
integration among member countries.
PSF 2026 will spotlight emerging opportunities in key sectors
such as infrastructure, energy, technology, healthcare, and
finance, while promoting cross-border investment and trade. Through
high-level dialogues, B2B and B2G meetings, startup engagement, and
knowledge-sharing sessions, the Forum aims to strengthen
public-private collaboration, support entrepreneurship and SMEs,
and promote innovation-driven growth across member economies.
The event is expected to attract over 1,500 participants,
including high-level government officials, Presidents and CEOs of
leading local and international companies, multilateral development
institutions, chambers of commerce and industry, business
associations, investment promotion agencies, investors,
entrepreneurs and financial institutions.
In addition to panel discussions and keynote speeches, PSF 2026
will feature a dedicated exhibition platform where partners can
showcase projects, services, and investment opportunities. The
Forum will also host a startup competition designed to foster
innovation and highlight promising business ideas. Furthermore, or
the fourth time, the event will present the IsDB Group Recognition
Awards, honoring distinguished organizations and individuals for
their contributions to economic development and trade
facilitation.
The forum will welcome prominent speakers, including the Chief
Executive Officers of the IsDB Group Affiliates, notably Dr. Khalid
Khalafalla, CEO of ICIEC and Acting CEO of ICD, and Eng. Adeeb
Yousuf Al Aama, CEO of ITFC. Together with industry leaders and
experts, they will share insights and best practices aimed at
strengthening investment and trade cooperation among IsDB member
countries.
For further details, please visit the event's official website:
www.isdbg-psf.org
About Islamic Development Bank (IsDB):
The Islamic Development Bank is a multilateral development bank
that works to improve the lives of those it serves by promoting
social and economic development in Muslim countries and communities
around the world and making a difference at scale. Through
collaborative partnerships between communities in its 57 member
countries, the Bank seeks to equip communities to drive their own
economic and social progress at scale, and put the infrastructure
in place to enable them to realize their potential. The Bank's new
business model of “making markets work for development” contributes
to enhancing the competitiveness of our member countries in
strategic industries in order to improve participation and
upgrading in global value chains. This is in the field of food and
agricultural industries, textiles, clothing, leather, shoes,
petrochemicals and petroleum, construction, and Islamic finance.
The Bank also promotes innovative and sustainable solutions to the
biggest development challenges in the world, and takes advantage of
the scientific potential in technology and innovation as strategic
drivers of economic growth, and we also work to achieve the United
Nations sustainable development goals.
About the Islamic Corporation for the Insurance of
Investment and Export Credit (ICIEC):
As a member of the ‘AAA’ rated Islamic Development Bank (IsDB),
ICIEC commenced operations in 1994 to strengthen economic relations
between OIC Member States and promote intra-OIC trade and
investments by providing risk mitigation tools and financial
solutions. The Corporation is the only Islamic multilateral insurer
in the world. It has led from the front to deliver a comprehensive
suite of solutions to companies and parties in its 51 Member
States. ICIEC, for the 18th consecutive year, maintained
an "Aa3" insurance financial strength credit rating from Moody's,
ranking the Corporation among the top of the Credit and Political
Risk Insurance (CPRI) industry. Additionally, S&P has
reaffirmed ICIEC’s “AA-“ long-term Issuer Credit and Financial
Strength Rating for the third year with a Stable Outlook. ICIEC's
resilience is underpinned by its sound underwriting, global
reinsurance network, and strong risk management policies.
Cumulatively, ICIEC has insured more than USD 139 billion in trade
and investment. ICIEC activities are directed to several sectors
such as energy, manufacturing, infrastructure, healthcare, and
agriculture.
For more information,
Visit: http://iciec.isdb.org
Follow us on: X | Facebook | LinkedIn | YouTube | Instagram
Email: [email protected]
About the Islamic Corporation for the Development of the
Private Sector (ICD)
The Islamic Corporation for the Development of the Private
Sector (ICD) is a multilateral organization affiliated with the
Islamic Development Bank (IsDB). It supports the economic
development of its member countries by providing financial
assistance to private sector projects in accordance with the
principles of Shari’ah. It also mobilizes additional resources for
projects and encourages the development of Islamic finance. ICD’s
operations complement the activities of IsDB in member countries
and also those of national financial institutions. ICD has 55
member countries and five public financial institutions as its
shareholders and has an authorized capital of USD 4 billion.
Website:
icd-ps.org
Social media:
Twitter: @ICD_PS
LinkedIn: ICDPS
Facebook: @icdps
YouTube: ICDPS
About the International Trade Finance Corporation
(ITFC)
The International Islamic Trade Finance Corporation (ITFC) is a
member of the Islamic Development Bank (IsDB) Group. It was
established with the primary objective of advancing trade among OIC
member countries, which would ultimately contribute to the
overarching goal of improving socioeconomic conditions of the
people across the world. Commencing operations in January 2008,
ITFC has provided more than US$ 96 billion of financing to OIC
member countries, making it the leading provider of trade solutions
for these member countries' needs. With a mission to become a
catalyst for trade development for OIC member countries and beyond,
the Corporation helps entities in member countries gain better
access to trade finance and provides them with the necessary
trade-related capacity building tools, which would enable them to
successfully compete in the global market.
Contact us :
Twitter: @ITFCCORP
Facebook: @ITFCCORP
Linkedin: International Islamic Trade Finance Corporation
(ITFC)
Tel: +966 12 646 8337
Fax: +966 12 637 1064
E-mail: [email protected]
About the Islamic Development Bank Group Business Forum
(THIQAH)
The Islamic Development Bank Group Business Forum (THIQAH) is
the window of the IsDB Group that facilitate contact and
coordination between entities concerned of the IsDB Group and
private sector firms and related institutions in IsDB Group member
countries. The main objective of THIQAH is to establish a unique
platform for effective dialogue, cooperation and inclusive
partnership for business leaders committed to partnering in
promising investment opportunities. Through facilitation and
catalyst roles, THIQAH will be leveraging IsDB Group's resources to
offer necessary services and confidence to investors and to
establish strategic partnerships with the leaders of the private
sector. The primary focus will be on maximizing cross-border
investment among member countries to be supported by IsDB Group's
financial products and services. (www.idbgbf.org)
Contact Us
Email: [email protected]
Twitter: @IDBGTHIQAH
Facebook: Islamic Development Bank Group Business Forum -
Thiqah
LinkedIn: Islamic Development Bank Group Business Forum -
THIQAH
