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EXIM BANK MALAYSIA ANNUAL REPORT 2024
4 ENSURING SUSTAINABILITY 49
2 December 2024
ICIEC and EXIM Bank Sign
Strategic Retakaful Agreement
to Boost Global Trade
Algiers, Algeria
The Islamic Corporation for
the Insurance of Investment
and Export Credit (ICIEC),
a Shariah-compliant multilateral
insurer and a member of the
Islamic Development Bank
(IsDB) Group, has entered into
a strategic Quota Share
Retakaful Agreement with EXIM
Bank Malaysia to provide Export
Trade Credit Risk Takaful on a
global scale.
16 December 2024
Malaysia Petrochemicals Project
Secures Project Financing
from US, German, Italian,
Spanish, and Malaysia Export
Credit Agencies, and Islamic
Development Bank Entities
EXIM Bank, Kuala Lumpur
Pengerang Energy Complex
(PEC) announced it has
successfully secured agreement
on financing terms for USD3.5
billion project financing from
leading export credit agencies
(ECAs) across North America,
Western and Southern Europe,
and Asia, as well as Islamic
financing from entities of the
Islamic Development Bank.
