Hussam AbuAisheh is a seasoned audit professional with extensive experience in internal audit leadership across several prominent financial institutions. Currently serving as the Director of Internal Audit at the Islamic Corporation for the Development of the Private Sector since December 2022, Hussam has previously held significant roles such as EVP - Head of Internal Audit Division at Al Hilal Bank from May 2012 to November 2022, and EVP - Chief of Internal Audit Division at Sharjah Islamic Bank from September 2002 to May 2012. Early in their career, Hussam gained valuable experience as an Assistant Manager at KPMG and as a Semi-Senior Auditor at Arthur Andersen & Co. Hussam earned a degree in Accounting from Al-Ahliyya Amman University, where studies were completed from January 1990 to January 1994.
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Islamic Corporation for the Development of the Private Sector (ICD)
The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral organization affiliated with the Islamic Development Bank (IsDB). Its authorized capital stands at USD 4 billion, of which USD 2 billion is available for subscription. Its shareholders consist of the IsDB, 55 member countries and five public financial institutions. Headquartered in Jeddah, ICD was established by the IsDB Board of Governors during its 24th annual meeting held in Jeddah in Rajab 1420H (November 1999). The mandate of ICD is to support the economic development of its member countries by providing financial assistance to private sector projects in accordance with the principles of Shari’ah, aimed at creating employment opportunities and enhancing their export potential. Furthermore, ICD has the mandate of mobilizing additional resources for projects and encouraging the development of Islamic finance. It also attracts co-financiers for its projects and provides advice to governments and private sector groups on policies aimed at encouraging the establishment, expansion and modernization of private enterprises, the development of capital markets, best management practices, and the enhancement of the role of market economy. ICD’s operations complement the activities of IsDB in member countries and also those of national financial institutions. #ICD_PS #ICD #IslamicFinance