Republic of Mozambique Joins ICIEC
The Republic of Mozambique has recently acceded to the membership of Aa3 rated Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), member of Islamic Development Bank Group. This brings the number of member countries to 41, and several other members countries from Organization Islamic Cooperation (OIC) are in the process of completing the membership requirements.
Dr. Abdel Rahman El-Tayeb Taha, the Chief Executive Officer of ICIEC said “The Republic of Mozambique’s membership opens the door for its private and public sectors to benefit from risk mitigation services offered by ICIEC to expand their exports worldwide. Similarly, it allows exporters, banks and investors from other member and non-member countries, to cover risks related to their operations in Mozambique.”
“We seize this opportunity to invite exporters, banks and investors in all member countries, including those in Mozambique, to benefit from the services it offers for management of commercial and political risk” Dr. Taha added
ICIEC Member Countries
Albania, Algeria, Bahrain, Benin, Bangladesh, Brunei, Burkina-Faso, Cameroon, Chad, Djibouti, Egypt, Gabon, Gambia, Guinea, Indonesia, Iran, Jordan, Kazakhstan, Kuwait, Lebanon, Libya, Malaysia, Mali, Mauritania, Morocco, Mozambique, Niger, Nigeria, Oman, Pakistan, Qatar, Saudi Arabia, Senegal, Sudan, Syria, Tunisia, Turkey, Uganda, UAE, and Yemen.