During the 29th CONCEC session held in Istanbul this week, the Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank Group (IDB), and the Libyan Ministry of Economy signed an agreement calling for the structuring of several Shariah-complaint finance mechanisms to address the small and medium enterprises (SMEs) and the unemployed Libyan youth.
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Islamic Development Group and Libya to set up finance mechanisms for SMEs
Nov 30, 2013