ICIEC HeadquartersP.O.Box 15722 Jeddah 21454Kingdom of Saudi ArabiaTel.: Operator (+966) 2 644 5666Business Development : (+966) 12 646 7597 / 7594Fax: (+966) 12 644 3447 E-mail: yalaki@isdb.org, jnaga@isdb.org

ICIEC’s Representative OfficesUAETel: (+971) 42776255 / 42776257 / 42776256Mob:(+971) 567288091 / 567196952 / 569551354E-mail: mdiyan@isdb.org

Senegal Mobile: + 221 776 379 814 E-mail: mosow@isdb.org

TurkeyMobile: + 90 530 391 1277fsrioglu@isdb.org

www.iciec.com

CUMULATIVEOPERATIONS

�gures are in USD billion

ImportsExports

Outward InvestmentInward Investments

Total

11.7716.651.604.2934.31

(UTILIZATION OF ICIEC’S SERVICES UP TO 15 MAY 2015)

No transactions were reported until ent of 15 May 2015 for the following countries: Albania, Brunei, Chad, Mozambique.

SAUDI ARABIA 24.96%

BAHRAIN 11.01%

UAE 12.63%EGYPT 7.84%

PAKISTAN 7.27%

TURKEY 4.75%

JORDAN 4.25%

ALGERIA 4.05%

BANGLADESH 2.64%

TUNISIA 2.44%

SENEGAL 2.28%

COTE D'IVOIRE 2.11%

SUDAN 1.95%

MOROCCO 1.74%

INDONESIA 1.46%

IRAN 1.42%

DJIBOUTI 1.34%

LEBANON 1.24%

KUWAIT 1.09%

SYRIA 0.82%

MALAYSIA 0.55%

13.7%

GAMBIA 0.04%

GUINEA 0.03%

NIGER 0.02%

UGANDA 0.01%

BENIN 0.01%

NIGERIA 0.01%

BURKINA FASO 0.01%

IRAQ 0.01%

MAURITANIA 0.49%

QATAR 0.33%

LIBYA 0.23%

OMAN 0.21%

YEMEN 0.20%

CAMEROON 0.20%

KAZAKHSTAN 0.15%

GABON 0.09%

MALI 0.05%

$34.31billion

HOW ICIEC IS FACILITATING TRADE & FDI IN MEMBER COUNRIES?

FOR MORE THAN 20 YEARS OFMAKING BUSINESSTRANSACTIONSLESS RISK & MORE COMPETITIVE

“In additionto its core business, ICIEC o�ers technical assistanceto ECAs”

“An Aa3 rating from Moody’s is indicative

of the level of con�dence placed in

ICIEC’s risk management

environment”

WhyICIEC

A multilateral institution owned by

the Islamic Development Bank and 41 Member Countries

Over 20 years of experience in Credit

and Political Risk Insurance

Apioneer inIslamic Credit and

Political Risk Insurance

�e only Multilateral

Institution in the world quali�ed to

insure Sukuk

Member of the Islamic

Development Bank Group

Strong Local expertise and knowledge of

MemberCountries

Strong International Reinsurers'

partners

Rated Aa3 by Moodys since

2008

WHO WE ARE

1994Establishment of ICIEC as a multilateral export credit and investment insurance entity, with initial membership of 13 countries

2000Amendment to ICIEC Articles of Agreement to allow cover of exports to the world

2005Amendment to ICIEC Articles of Agreement to allow cover of investments from anywhere in the world

2008Assigned �rst time rating of Aa3 by Moody’s

2009Membership in Berne UnionEstablishment of Aman Union

2010Inauguration of the 1st Representative O�ce in UAE

2011Increase in the authorized capital from ID 150 million to ID 400 million

2012Increase in paid-up capital by 37% to reach over ID 100 million

2014Celebration of the 20th Anniversary of ICIEC

2015• Maintained the Aa3

rating from Moody’s

• Country membership reaches 43

MILESTONES

MAJOR SHAREHOLDERS

MEMBER IN

MEMBER COUNTRIES TRADE & FDI CHALLENGES

ICIEC is a multilateral export credit insurance institutions a member of AAA rated Islamic Development Bank and 43 Islamic Countries.

* 1 share = ID 1,000 = USD 1,48 as of the end of 1435H

shares%

MemberCountries

ProfessionalSta�

TotalEmployees

65

43

Founded1994

Head QuartersJeddah, Saudi Arabia

Representative o�cesUAE, Senegal, Turkey

4

85%

“To be the Internationally Recognized Leader in Sharia compatible Export Credit and Investment Insurance and Re-insurance in Member Countries.”

MISSION

We are committed to support trade and FDI in the OIC member countries through ….Political Risk InsuranceTrade Credit Risk Insurance

STRATEGY

“To encourage exports from Member Countries and to facilitate the �ow of Foreign Direct Investments to Member Countries by providing and encouraging the use of Sharia compatible Export Credit and Investment Insurance as Credit and Political risk mitigation instruments.”

VISION

- Low Intra-OIC

Trade level (18%)- Low utilization of credit

enhancement tools.- Week access to �nancing facilities- 80% OIC trade is energy-oil- 10 OIC countries constitute 72% of all

OIC trade- ECAs worldwide support about 10% of

global trade �ows - OIC’s Member Countries, ECAs support

less than 1% of global trade �ows- Export of OIC member countries

2.4Trillion

TRADE

- Risk Mitigation - Islamic Finance- Direct Investment - Trade Credit

WHAT WEPROMOTE

- Insurance- Reinsurance - Technical Assistance- Capacity Building

KEY AREAS OFOPERATIONS

- To increase the scope of the International Trade transactions from Member Countries of the Organization of the Islamic Cooperation (OIC)

- To facilitate the FDI �ows into OIC Member Countries

- To provide reinsurance facilities to Export Credit Agencies (ECAs) in Member Countries

MANDATE

Banks & Financial Institutions:- Bank Master Policy (BMP)- Documentary Credit Insurance Policy (DCIP)

Exporters:- Speci�c Transaction Policy (STP)- Comprehensive Short–Term Policy (CSTP)

Contractors:- Speci�c Transaction Policy (Contract Frustration)

Investors / Financiers: - Equity Financing, Facility, Loan Guarantee- Non-honoring of Sovereign Financial Obligation- Sovereign Sukuk Insurance Policy

Export Credit Agencies (ECAs):- Quota Share Treaty (QST)- Excess of Loss- Reinsurance of Domestic Business- Reinsurance facultative Agreement (RFA)

OUR PRODUCTS

- Export Credit Agencies & Private Insurance Companies- Associations- Multilateral & Regional Institutions

PARTNERS

OIC MCs attracted USD 136.647 billion of FDI in 2013, which represents 9.42% of world �ows compared to 52% attracted by developing countries.

Member Countries have a limited volume of Foreign Trade and hilgly depend on exports of few commodities depend on traditional market

FDI

Board of GovernorsMinisters & Central Bank Govorners of Member CountriesBoard of DirectorsRepresentatives of 56 IDB Member Countries

Chairman of the Board of DirectorsDr. Ahmad Mohammed Ali

Chief Executive OfficerEng. Hani Salem Sonbol

OUR STRUCTURE

“ICIEC is the only multilateral export credit and investment insurance corporation in the world that provides Shariah compliant insurance and reinsurance products”

20,000Shares of Remaining33 Members 7%

60,000KSA 20.92%

10,000Iran 3.49%

7,500Kuwait 2.62%

7,500UAE 2.62%

6,500Kazakhstan 2.27%

5,000Morocco 1.74%

5,000Qatar 1.74%

5,000Turkey 1.74%

3,625Baharin 1.26%

150,000IDB 52.31%

6,703Egypt 2.34%