The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-compliant multilateral insurer and a member of the Islamic Development Bank (IsDB) Group, announced today in a press release that the Togolese Republic has joined ICIEC as its 50th member state.
This underscores the increasing trust and collaboration within the Organization of Islamic Cooperation (OIC), and reinforces ICIEC’s commitment to delivering tailored insurance solutions that foster sustainable economic growth and investment opportunities across its member countries.
According to the release, with the inclusion of the Togolese Republic, ICIEC now encompasses 50 member states, a substantial broadening of its global presence and influence in advancing trade and investment among OIC member nations.
On this occasion, Officer-in-Charge of ICIEC Dr. Khalid Khalafalla said: “This is a testament to the mutual confidence between ICIEC and the Togolese Republic, and we are committed to supporting their economic am
bitions through our robust insurance and risk mitigation solutions. Together, we aim to drive sustainable development and economic resilience in the region.”
As ICIEC continues to expand its membership and services, the organization remains dedicated to bolstering economic resilience and supporting its member states in attracting foreign direct investment and fostering trade opportunities.
Source: Saudi Press Agency