ICIEC and Sinosure sign transformative memorandum of understanding
to advance trade and investment between
China and the Islamic World
by Axton Global
Beijing, China – September 17, 2025 — The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and the China Export & Credit Insurance Corporation (Sinosure) have signed a strategic Memorandum of Understanding (MoU) to strengthen cooperation in trade, investment, and infrastructure development between China and ICIEC member countries.
The signing ceremony took place at Sinosure’s headquarters in Beijing and was led by Dr. Khalid Khalafalla, Chief Executive Officer of ICIEC, and Mr. Sheng Hetai, President and Vice Chairman of Sinosure.
The MoU aims to expand collaboration in risk management solutions — including export credit insurance, political risk insurance, and investment protection — to facilitate cross-border trade and investment flows.
Priority sectors include infrastructure, renewable energy, manufacturing, and other strategic areas across ICIEC member countries, such as:
This partnership combines Sinosure’s expertise in supporting Chinese exporters and investors with ICIEC’s mandate as a multilateral insurer serving its member states. It will help enhance the bankability of projects, reduce risks for financial institutions, and unlock new opportunities for economic cooperation.
The agreement also highlights the alignment between the Belt and Road Initiative, ICIEC’s goals in Islamic finance and investment, and Sinosure’s role as a key facilitator of China’s outward investment strategy. In the coming months, ICIEC and Sinosure will explore joint initiatives, capacity-building programs, and coordinated risk coverage solutions, with a strong focus on delivering tangible benefits to businesses and communities across OIC member states.
This partnership combines Sinosure’s expertise in supporting Chinese exporters and investors with ICIEC’s mandate as a multilateral insurer serving its member states. It will help enhance the bankability of projects, reduce risks for financial institutions, and unlock new opportunities for economic cooperation.
The agreement also highlights the alignment between the Belt and Road Initiative, ICIEC’s goals in Islamic finance and investment, and Sinosure’s role as a key facilitator of China’s outward investment strategy.
In the coming months, ICIEC and Sinosure will explore joint initiatives, capacity-building programs, and coordinated risk coverage solutions, with a strong focus on delivering tangible benefits to businesses and communities across OIC member states.
Source: https://www.linkedin.com/posts/iciec-isdb_trade-investment-china-activity-7376258738887884800-1lhW
The signing ceremony took place at Sinosure’s headquarters in Beijing and was led by Dr. Khalid Khalafalla, Chief Executive Officer of ICIEC, and Mr. Sheng Hetai, President and Vice Chairman of Sinosure.
The MoU aims to expand collaboration in risk management solutions — including export credit insurance, political risk insurance, and investment protection — to facilitate cross-border trade and investment flows.
Priority sectors include infrastructure, renewable energy, manufacturing, and other strategic areas across ICIEC member countries, such as:
- West Africa: Nigeria, Senegal
- Central Asia & Europe: Kazakhstan, Turkey
- Southeast Asia: Bangladesh, Indonesia, Malaysia, Pakistan
- Arab Region: Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain, Jordan
This partnership combines Sinosure’s expertise in supporting Chinese exporters and investors with ICIEC’s mandate as a multilateral insurer serving its member states. It will help enhance the bankability of projects, reduce risks for financial institutions, and unlock new opportunities for economic cooperation.
The agreement also highlights the alignment between the Belt and Road Initiative, ICIEC’s goals in Islamic finance and investment, and Sinosure’s role as a key facilitator of China’s outward investment strategy. In the coming months, ICIEC and Sinosure will explore joint initiatives, capacity-building programs, and coordinated risk coverage solutions, with a strong focus on delivering tangible benefits to businesses and communities across OIC member states.
This partnership combines Sinosure’s expertise in supporting Chinese exporters and investors with ICIEC’s mandate as a multilateral insurer serving its member states. It will help enhance the bankability of projects, reduce risks for financial institutions, and unlock new opportunities for economic cooperation.
The agreement also highlights the alignment between the Belt and Road Initiative, ICIEC’s goals in Islamic finance and investment, and Sinosure’s role as a key facilitator of China’s outward investment strategy.
In the coming months, ICIEC and Sinosure will explore joint initiatives, capacity-building programs, and coordinated risk coverage solutions, with a strong focus on delivering tangible benefits to businesses and communities across OIC member states.
Source: https://www.linkedin.com/posts/iciec-isdb_trade-investment-china-activity-7376258738887884800-1lhW
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Axton Global is an international consulting company helping importers worldwide secure trade credit terms with Chinese suppliers.
We serve customers from 82 countries across 5 continents.
info@axtongl.com
We serve customers from 82 countries across 5 continents.
info@axtongl.com