Monday 03, December 2012 by Robin Amlôt

ICD plans to launch Saudi mortgage finance company

The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group, hosted a high level meeting earlier this week with committed shareholders for a new national home finance company in Saudi Arabia under the brand name of Bidaya. The meeting was held at ICD headquarters to discuss the status of Bidaya's development and to plan and agree upon on crucial next steps leading to the company's launch.

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