The Islamic Chamber of Commerce, Industry and Agriculture | |
Formation: | 1977 |
Headquarters: | Karachi, Pakistan |
Leader Title: | ICCIA Executive |
Leader Name: | Abdullah Saleh Kamel |
The Islamic Chamber of Commerce, Industry, and Agriculture (ICCIA) is an international organization that represents the private sector of 57 Islamic countries.[1] It was established in 1977 in Karachi, Pakistan,[2] and has regional offices in several countries. The ICCIA aims to promote trade, investment, and cooperation among Islamic countries. It also provides services to its members, such as market research, legal advice, and trade promotion.[3]
Its primary objective is to enhance and foster closer collaboration in various domains including trade, information technology, banking, commerce, insurance/reinsurance, shipping, and the facilitation of investment opportunities and joint ventures among the member countries.
Membership within ICCIA encompasses national chambers, unions, councils of chambers of commerce and industry within the member states. It also extends to encompass organizations and chambers that cater to the needs of the private sector and Islamic business communities even in non-Islamic countries. This expansive approach ensures that ICCIA's membership encompasses diverse regions globally. Currently, ICCIA has a total of 66 business institutions as members, including both observers and affiliated members, collectively representing the global Muslim business sector.
The ICCIA is an organization that supports and promotes trade and investment among Islamic countries. It offers a range of services to its members, including trade promotion, investment facilitation, capacity building, and market intelligence. These services are designed to help businesses of all sizes expand their reach, build partnerships, and enhance their competitiveness. The ICCIA also focuses on economic development and fostering solidarity among Islamic countries, promoting economic cooperation and integration among member countries.
ICCIA’s services belong in 3 main categories:
1. Visibility and credibility
2. Networking
3. Development of the private sector and its chambers
Afghanistan Chamber of Commerce and Industry[4] | ||
Federation of Chambers of Commerce and Industry of Albania | ||
Algerian Chamber of Commerce and Industry | ||
National Federation of Organizations of Entrepreneurs (Employers) of the Republic of Azerbaijan[5] | ||
Bahrain Chamber of Commerce and Industry[6] | ||
Bangladesh Federation of Chambers of Commerce and Industry | ||
Benin Chamber of Commerce and Industry | ||
Brunei Darussalam Chamber of Commerce and Industry | ||
Burkina Faso Chamber of Commerce, Industry and Handicrafts | ||
Cameroon Chamber of Commerce, Industry, Mines and Handicrafts | ||
Chad Chamber of Commerce, Industry, Agriculture, Mines and Handicrafts | ||
Federation of Chambers of Commerce, Industry and Agriculture of the Comoros | ||
Djibouti Chamber of Commerce and Industry[7] | ||
General Federation of Egyptian Chambers of Commerce | ||
Gabon Chamber of Commerce, Agriculture, Industry, Mining and Handicrafts | ||
Gambia Chamber of Commerce and Industry | ||
Guinea Chamber of Commerce, Industry and Agriculture | ||
Guinea-Bissau Chamber of Commerce, Industry and Agriculture | ||
Georgetown Chamber of Commerce and Industry – Guyana | ||
Indonesian Chamber of Commerce and Industry | ||
Iranian Chamber of Commerce, Industries, Mines and Agriculture | ||
Federation of Iraqi Chambers of Commerce | ||
Ivory Coast Chamber of Commerce and Industry | ||
Jordan Chamber of Commerce[8] | ||
Chamber of Commerce and Industry of the Republic of Kazakhstan[9] | ||
Kuwait Chamber of Commerce and Industry | ||
Kyrgyzstan Chamber of Commerce and Industry | ||
Raffah Trade, Industry and Agriculture Beirut and Mount Lebanon | ||
General Federation of Libyan Chambers of Commerce, Industry and Agriculture | ||
National Chamber of Commerce and Industry of Malaysia[10] | ||
Maldives National Chamber of Commerce and Industry[11] | ||
Mali Chamber of Commerce and Industry | ||
Mauritanian Chamber of Commerce, Industry and Agriculture | ||
University of Moroccan Chambers of Commerce, Industry and Services | ||
Mozambique Chamber of Commerce and Industry | ||
Niger Chamber of Commerce, Industry and Handicrafts | ||
Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture | ||
Oman Chamber of Commerce and Industry | ||
Federation of Pakistan Chambers of Commerce and Industry[12] | ||
Federation of Palestinian Chambers of Commerce, Industry and Agriculture | ||
Qatar Chamber of Commerce and Industry[13] | ||
Council of Saudi Chambers of Commerce and Industry | ||
National Federation of Chambers of Commerce, Industry and Agriculture of Senegal | ||
Sierra Leone Chamber of Commerce, Industry and Agriculture | ||
Somali Chamber of Commerce, Industry and Agriculture | ||
Sudanese General Federation of Employers | ||
Chamber of Commerce and Industry of the Republic of Suriname | ||
Federation of Syrian Chambers of Commerce | ||
Chamber of Commerce and Industry of the Republic of Tajikistan[14] | ||
Togolese Chamber of Commerce, Agriculture and Industry | ||
Tunisian Federation of Industry, Trade and Handicrafts | ||
Federation of Turkish Chambers of Commerce and Commodity Exchange | ||
Chamber of Commerce and Industry of Turkmenistan | ||
Uganda National Chamber of Commerce and Industry | ||
Federation of Chambers of Commerce and Industry of the United Arab Emirates | ||
Chamber of Commerce and Industry of the Republic of Uzbekistan | ||
General Union of Yemeni Chambers of Industry and Commerce |
The Islamic Chamber has established an Investment Holding Company to facilitate the creation and operation of investment companies.
The company's mission is to promote sustainable development through investments aligned with sustainable investment principles and generate positive social impact.[16]
The growth of the halal market has created a need for a globally recognized halal certification system. Muslim consumers worldwide are seeking a transparent, traceable, and standardized certification process that ensures food products comply with Islamic Sharia principles. In response to this demand, the ICCIA, representing the private sector in the 57 OIC countries, has established the Islamic Chamber Halal Services Company (ICHS). ICHS is dedicated to verifying the halal status of food products and issuing reliable certificates.
In an effort to promote market development and investment in OIC member countries, the Islamic Chamber Holding Company has established a subsidiary company called Border Management & Consulting LLP Company (BMC Gates). BMC Gates was created in partnership with the Union of Chambers and Commodity Exchanges of Turkey (TOBB) and GTI, a company with expertise in border gate modernization. BMC Gates aims to assist countries in effectively managing and operating land ports while creating a modern and user-friendly environment for all users through the implementation of the BOT (Build, Operate, Transfer) model.
The company will manage border gates under the BOT (Build-Operate-Transfer) model, facilitating connectivity at the primary level among OIC member countries. This will be achieved through the following:
Announcing a Board of Directors, duly elected on July 6, 2023, the composition is as follows:
- Chairman of the Board: H.E Mr. Yousef Khalawi, ICCIA Secretary General.
- Vice Chairman: Mr. Tamer Kiran, Vice-President of the TOBB.
- Members of the Board: Mr. Arif Parmaksiz, Chairman of the Board of GTI
- Dr. Mohamed Ibrahim, CEO of ICCIA Holding Company.
ICCIA is involved in establishing microfinance institutions in the G5 Sahel countries. The main goal of this project is to increase the participation of marginalized and vulnerable groups in economic activities in these countries. ICCIA is also committed to promoting social financing as a way to economically empower these vulnerable groups. Additionally, the organization is working to attract private sector involvement to ensure the sustainability of these projects. Ultimately, ICCIA aims to create an effective and scalable model that can be replicated in other member countries of the Organization of Islamic Cooperation (OIC).
ICCIA has launched the Commodity Exchange project for Agricultural Products to promote the development and implementation of modern agricultural commodity exchange markets (ACEMs) across OIC member countries. The project aims to strengthen the value chain of agricultural commodities in the region.
The project is structured into three phases. The first phase focuses on conducting a comprehensive study of agriculture-based economies within OIC member states. The insights gained from this study will be applied in two selected OIC member countries to establish a modern operational model for ACEMs. This model will serve as a blueprint for successful ACEM implementation in other OIC member countries.
ICCIA headquarters is in Karachi, Pakistan
Regional offices are as below:
Established as a subsidiary of the Islamic Chamber of Commerce, Industry, and Agriculture in Istanbul.[17] the OIC Arbitration Centre (OIC-AC) facilitates the resolution of trade and investment disputes through arbitration and various Alternative Dispute Resolution (ADR) methods, such as mediation and adjudication, as agreed upon by the parties involved.
The Chamber is undertaking a substantial initiative in both the agricultural and social sectors, working with various partners to achieve a range of developmental and social goals within agricultural communities.[18] This effort is centered on a sustainable business model rooted in the principles of Islamic Waqf, which combines devotion to Allah with a commitment to sustainable development.
The Business Connect Program facilitates communication and collaboration among chambers of commerce, affiliated chambers, and their business delegations by organizing B2B meetings. The ICCIA platform serves as a hub for businessmen, entrepreneurs, and chamber leaders to engage in discussions related to key economic activities and explore potential business opportunities.