The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, is pleased to announce the accession of the Republic of Sierra Leone as its 51st Member Country.
This milestone marks ICIEC’s expanding presence in Sub-Saharan Africa and underscores Sierra Leone’s commitment to strengthening its trade and investment partnerships through multilateral cooperation. As a Member, Sierra Leone will gain access to ICIEC’s Shariah-compliant insurance and reinsurance solutions designed to facilitate exports, attract foreign direct investment, and mitigate political and commercial risks.
Welcoming Sierra Leone’s membership, Dr. Khalid Khalafalla, Chief Executive Officer of ICIEC, stated: “We are delighted to welcome the Republic of Sierra Leone into the ICIEC membership.
“This accession reflects both the growing recognition of ICIEC’s developmental mandate and Sierra Leone’s vision to build a more resilient and diversified economy. We look forward to supporting the country in mobilizing investments, enhancing export competitiveness, and creating new opportunities for its public and private sectors.”
With Sierra Leone’s membership, ICIEC now counts 51 Member Countries reinforcing its role as a leading multilateral provider of Shariah-compliant insurance and risk-mitigation solutions in support of the Organization of Islamic Cooperation (OIC) economies.
