Annual Development Effectiveness Report 2025

CEO Foreword

I am pleased to share the 2025 Annual Development Effectiveness Report (ADER), marking the ninth edition of the Islamic Corporation for the Insurance of Investment and Export Credit’s (ICIEC) flagship publication on development performance. Over nearly a decade, the ADER has reflected ICIEC’s sustained commitment to transparency, accountability, and continuous improvement in how the Corporation measures, demonstrates, and communicates its contribution to development outcomes across Member Countries.

In an increasingly complex global environment characterized by heightened uncertainty in trade, investment, and financial markets, the role of disciplined risk mitigation has never been more critical. As a multilateral credit and political risk insurer, ICIEC continues to support its Member Countries by facilitating cross-border trade and investment, strengthening investor confidence, and fostering economic development, particularly where risk perceptions remain elevated.

With the continued support of the Corporation’s Board of Directors, Member Countries, and the wider Islamic Development Bank (IsDB) Group, ICIEC remains confident in its capacity to scale and deepen its development impact in the years ahead. I extend my sincere appreciation to ICIEC’s team, partners, and stakeholders for their continued commitment and collaboration in advancing ICIEC’s mission.