The award winning deals were selected by an independent panel of esteemed experts, following a rigorous evaluation process grounded in impact, innovation, and alignment with the Sustainable Development Goals (SDGs)
ALGIERS, Algeria, May 21, 2025/APO Group/ --
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a Shariah-based multilateral insurer and member of the Islamic Development Bank (IsDB) Group, proudly announced today the winners of its flagship accolades at the IsDB Group Private Sector Forum 2025 Awards. The awards ceremony was held on the sidelines of the IsDB Group Annual Meetings 2025 in Algiers, celebrating transactions that have translated Shariah-compliant risk-sharing into measurable socio-economic benefits across the OIC member countries.
Mopane Securities Plc was honored with the Best Trade Credit Insurance Deal of the Year Award for structuring a USD 20 million medium-term credit facility for Uzbekistan’s JSC Aloqabank, arranged by Frontera Capital Group Limited. With 95 percent insurance coverage from ICIEC, the facility enables Aloqabank to extend fresh liquidity to a curated portfolio of Uzbek businesses—mobilizing cross-border capital without conventional collateral and directly advancing SDG 8 (Decent Work and Economic Growth) and SDG 9 (Industry, Innovation and Infrastructure).
Deutsche Bank received the Best Foreign Investment Insurance Deal of the Year award for arranging a seven-year, EUR 149 million commodity Murabaha term facility mandated by Côte d’Ivoire’s Ministry of Finance and Budget to finance regional hospitals in Kong and Odienne. ICIEC’s Non-Honouring of Sovereign Financial Obligation policy covers 95 percent of principal and profit, de-risking the project and enabling the addition of 377 beds.
“Congratulations to all the parties involved in the awarded deals for demonstrating the pivotal role of Shariah-based risk mitigation tools,” said Dr. Khalid Khalafalla, Chief Executive Officer of ICIEC. “By unlocking strategic capital without relying on conventional collateral, these innovative deals have fortified supply chains, expanded critical infrastructure, and fostered inclusive growth. Together, we are not only safeguarding investments but also accelerating progress toward the United Nations Sustainable Development Goals for our member states.”
The award winners were selected by an independent panel of esteemed experts, following a rigorous evaluation process grounded in impact, innovation, and alignment with the Sustainable Development Goals (SDGs). This approach underscores the Awards’ commitment to transparency, impartiality, and excellence in recognizing meaningful contributions to sustainable development.
The award winning deals were selected by an independent panel of esteemed experts, following a rigorous evaluation process grounded in impact, innovation, and alignment with the Sustainable Development Goals (SDGs).
Distributed by APO Group on behalf of Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).
This is ridiculous, absolutely ridiculous. Hirsi Gaab will bear the brunt of this illegal arrest.
I believe anyone who instigates insecurity in any country on the Planet is liable to face the law of that country. If the former government is proven guilty beyond doubt, he must face the justice, otherwise he should be released immediately.
Furthermore, we the people of Somaliland must stop using tribal outcry, whenever someone is arrested without us knowing the crime committed. This will not take us anywhere and should be stopped.
Omar Hussein Dualeh please have a common sense. If this man has committed a crime, your competent government would have charged him in court of law or bring him to court to request for legal detention. The law is clear. No one can be arrested more than 48 hours without due process of law. We know for sure why Guleid is detained. He is detained because he is campaign against the Ignorant government of Somaliland's attempt to dislodge an Isaaq clan from Burao. Somaliland peace can only be maintained if the rule of law and due process of law equally apply to all citizens. As we have heard recently Kulmiye party is in disarray. The other two Somaliland political parties are caught up up with internal infighting that treating their existence. To save Somaliland from doom, it is important both opposition parties sort out their difference and come with United front to send the regime out of power. We cannot afford another around of Kulmiye party domination in Somaliland otherwise the real existence of Somaliland is in grave danger.
I promise you if I were made minister of internal affairs in the next government of Wadani that I will harass, intimidate and abuse Siilaanyo's dignity publicly. I will send the RRU to his house every few days, confiscate his property until he willingly leaves the country for his own safety. This dude deserves nothing less.
one person for public disorder should be arrested for inciting violence that caused for killing innocent indigenous and should charges for murders counts !!!!!! who is he ????????????? he diverse to be in Mandela prison than berbera custody
Since Kulmiye party succeeded the administration of government they immediately to began to breach the law and misuse as a favoritism, from my point of view as you all mentioned no once can be arrested without warrant of court, inline with that breach of rights Guleid has the rights to get a legal remedy according to article 23 of UDHR and 27 of Somali-land Constitution and also am suggesting the Kulmiye Administration to stop all these shameful action.
Ladies & Gentlemen and Boys & Girls,
“Justice DELAYED is justice DENIED” Contrary to that is just a BANANA!
Every citizen has the right to be heard in a court of Law. The rights if this man in Jail is awfully being abused and right in our faces (he could be mine and your uncle, brother and father), by an individual who is welding, in the very open and without shame, “POWER” that neither belongs to him nor bestowed upon him by his superiors. He is in a fast forward mode for his own demise. Attention, if you see this character, please stay away and do not attempt to have any contact with him. We have seen and witnessed the likes of this young man in the past. “Those who bounce faster than the revolution are to be chopped”! Mind you, this is not even an elected official. How dare, can such be allowed and entertained in a place we all know, how we painfully acquired from the Jaws of shark regime?
Those of you chanting for this illegal action and trashing those speaking for the “RIGHTS” of a Somalilander, being irrefutably quashed and slaughtered by a few young bad men, should remain brave enough to withstand it, should this non sense, (GOD forbid) ever drops by your front yard or over your fences and through your windows, in that matter. This is a new Tsunami in the making and better watch for it. It is time to speak against this kind of illegal and Banana Republic style of Governing of our people.
What is urgently suggested and highly required by the Silanyo Administration, is to immediately drop “The Xersi Factor” (no more added value in this guy) and take him completely out of the picture as there is absolutely no reason and need for him to be part of any international or domestic missions (he must remain in the State House enclave), unless, otherwise, as correctly mentioned by a Professor in one of his earlier writings as just being a mere watch-dog for the President which can eventually cost him dearly in reputation and legacy wise, if action is not swiftly taken on his uncontrollable and ever damaging behaviour that must come to a complete halt and YESTERDAY!
If anyone in the Silanyo administration and the President’s immediate family are watching and are willing to pay any further attention to this ever ending episodes and menace, Xersi has unequivocally become a "The mother of liability “to the Silanyo Administration and got to be muzzled if Silanyo ever wants to be re-elected and see the light of a second term as President of Somaliland anytime soon, Period!
How long more can President Silanyo carry this young endeavouring man on his aged back? Remains to be seen. To be continued.
Chief K
Gulaid, the former deputy Governor of Burco, finally got out of the jail today without bail or preconditions after Siilaanyo administration failed to prove that he commited a crime. In a press release shortly after he was released, Gulaid vowed that he will not leave alone those who were behind his arrest. Hopefully he would return to Burco as a hero.