Wikipedia

Islamic Chamber of Commerce, Industry, and Agriculture

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]

The Islamic Chamber of Commerce, Industry and Agriculture
Formation1977
HeadquartersKarachi, Pakistan
ICCIA Executive
Abdullah Saleh Kamel
Websitewww.iccia.com

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 boasts a total of 66 business institutions as members, including both observers and affiliated members, collectively representing the global Muslim business sector.

History edit

  • The idea of establishing an organization to unite business associations across Islamic countries emerged during the Seventh Islamic Conference of Foreign Ministers in 1976. The aim of this organization would be to promote cooperation and collaboration in trade and industry within the Islamic world.
  • In 1977, the inaugural Conference of the Chambers of Commerce & Industry of the Islamic States was held in Istanbul. During this event, a resolution was passed endorsing the establishment of the Islamic Chamber of Commerce and Industry.
  • The ICCIA headquarters was established in Karachi, Pakistan in 1979. Karachi was chosen due to its status as a significant commercial center in the Islamic world. The ICCIA headquarters enjoys diplomatic status.

Services to members edit

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.[citation needed]

ICCIA’s services belong in 3 main categories:

1. Visibility and credibility

2. Networking

3. Development of the private sector and its chambers

Countries and members edit

Country Chamber member
  Afghanistan Afghanistan Chamber of Commerce and Industry[4]
  Albania Federation of Chambers of Commerce and Industry of Albania
  Algeria Algerian Chamber of Commerce and Industry
  Azerbaijan National Federation of Organizations of Entrepreneurs (Employers) of the Republic of Azerbaijan[5]
  Bahrain Bahrain Chamber of Commerce and Industry[6]
  Bangladesh Bangladesh Federation of Chambers of Commerce and Industry
  Benin Benin Chamber of Commerce and Industry
  Brunei Brunei Darussalam Chamber of Commerce and Industry
  Burkina Faso Burkina Faso Chamber of Commerce, Industry and Handicrafts
  Cameroon Cameroon Chamber of Commerce, Industry, Mines and Handicrafts
  Chad Chad Chamber of Commerce, Industry, Agriculture, Mines and Handicrafts
  Comoros Federation of Chambers of Commerce, Industry and Agriculture of the Comoros
  Djibouti Djibouti Chamber of Commerce and Industry[7]
  Egypt General Federation of Egyptian Chambers of Commerce
  Gabon Gabon Chamber of Commerce, Agriculture, Industry, Mining and Handicrafts
  Gambia Gambia Chamber of Commerce and Industry
  Guinea Guinea Chamber of Commerce, Industry and Agriculture
  Guinea-Bissau Guinea-Bissau Chamber of Commerce, Industry and Agriculture
  Guyana Georgetown Chamber of Commerce and Industry – Guyana
  Indonesia Indonesian Chamber of Commerce and Industry
  Iran Iranian Chamber of Commerce, Industries, Mines and Agriculture
  Iraq Federation of Iraqi Chambers of Commerce
  Côte d’Ivoire Ivory Coast Chamber of Commerce and Industry
  Jordan Jordan Chamber of Commerce[8]
  Kazakhstan Chamber of Commerce and Industry of the Republic of Kazakhstan[9]
  Kuwait Kuwait Chamber of Commerce and Industry
  Kyrgyzstan Kyrgyzstan Chamber of Commerce and Industry
  Lebanon Raffah Trade, Industry and Agriculture Beirut and Mount Lebanon
  Libya General Federation of Libyan Chambers of Commerce, Industry and Agriculture
  Malaysia National Chamber of Commerce and Industry of Malaysia[10]
  Maldives Maldives National Chamber of Commerce and Industry[11]
  Mali Mali Chamber of Commerce and Industry
  Mauritania Mauritanian Chamber of Commerce, Industry and Agriculture
  Morocco University of Moroccan Chambers of Commerce, Industry and Services
  Mozambique Mozambique Chamber of Commerce and Industry
  Niger Niger Chamber of Commerce, Industry and Handicrafts
  Nigeria Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture
  Oman Oman Chamber of Commerce and Industry
  Pakistan Federation of Pakistan Chambers of Commerce and Industry[12]
  Palestine Federation of Palestinian Chambers of Commerce, Industry and Agriculture
  Qatar Qatar Chamber of Commerce and Industry[13]
  Saudi Arabia Council of Saudi Chambers of Commerce and Industry
  Senegal National Federation of Chambers of Commerce, Industry and Agriculture of Senegal
  Sierra Leone Sierra Leone Chamber of Commerce, Industry and Agriculture
  Somali Somali Chamber of Commerce, Industry and Agriculture
  Sudan Sudanese General Federation of Employers
  Suriname Chamber of Commerce and Industry of the Republic of Suriname
  Syria Federation of Syrian Chambers of Commerce
  Tajikistan Chamber of Commerce and Industry of the Republic of Tajikistan[14]
  Togo Togolese Chamber of Commerce, Agriculture and Industry
  Tunis Tunisian Federation of Industry, Trade and Handicrafts
  Turkey Federation of Turkish Chambers of Commerce and Commodity Exchange
  Turkmenistan Chamber of Commerce and Industry of Turkmenistan
  Uganda Uganda National Chamber of Commerce and Industry
  United Arab Emirates Federation of Chambers of Commerce and Industry of the United Arab Emirates
  Uzbekistan Chamber of Commerce and Industry of the Republic of Uzbekistan
  Yemen General Union of Yemeni Chambers of Industry and Commerce

Affiliated members edit

  1. Arab Brazilian chamber of Commerce
  2. Arab-west Africa Chamber of Commerce & Industry
  3. Chamber of Commerce and Industry of the Republic of Bashkortostan
  4. Irish Islamic Chamber of commerce (IICC)[15]
  5. Chamber of Commerce and Industry of the Republic of Tatarstan
  6. Thai Muslim Trade Association (TMTA)

Observer members edit

  1. Foreign Trade Chamber of Bosnia and Herzegovina
  2. Turkish Cypriot Chamber of Commerce
  3. General Secretariat of the Organization of Islamic Cooperation

Subsidiaries edit

Holding company edit

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]

Halal certification services edit

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.

Border management & consulting LLP company edit

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.

Objectives edit

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:

  1. Strategic Planning within pertinent domains.
  2. Providing Financial and Management Consultancy in associated fields.

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.

Microfinance institutions edit

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).

Commodity exchange for agricultural products edit

The Islamic Chamber of Commerce, Industry and Agriculture (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.

Headquarters and regional offices edit

ICCIA headquarters is in Karachi, Pakistan

Regional offices are as below:

Board of directors members (2021 – 2025) edit

  1. The National Confederation Of Entrepreneurs (Employers) Organizations Of The Republic Of Azerbaijan
  2. Chamber Of Commerce, Industry, Agriculture, Mines & Handicrafts Of Chad
  3. Côte D'Ivoire Chamber Of Commerce And Industry
  4. Chamber Of Commerce Of Djibouti
  5. Federation Of Egyptian Chambers Of Commerce
  6. Guinea Chamber Of Commerce, Industry and Crafts (CCIAG)
  7. Iran Chamber Of Commerce, Industries, Mines And Agriculture
  8. Jordan Chamber Of Commerce
  9. Kuwait Chamber Of Commerce & Industry
  10. Chamber Of Commerce, Industry And Agriculture Of Mauritania
  11. Niger Chamber of Commerce and Industry (CCIN)
  12. Oman Chamber Of Commerce & Industry
  13. The Federation Of Pakistan Chambers Of Commerce And Industry
  14. Federation Of Palestinian Chambers Of Commerce, Industry And Agriculture
  15. Qatar Chamber
  16. Council Of Saudi Chambers Of Commerce & Industry
  17. Sudanese Businessmen And Employers Federation
  18. The Union Of Chambers And Commodity Exchange Of Turkey (TOBB)
  19. Federation Of U.A.E Chambers Of Commerce & Industry

Projects edit

OIC arbitration center edit

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.

Green WAQF edit

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.

Programs edit

Business connect program edit

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.

Languages edit

Arabic - English - French

References edit

  1. ^ "DevelopmentAid". DevelopmentAid. Retrieved 2023-08-21.
  2. ^ "United Nations Civil Society Participation – General". esango.un.org. Retrieved 2023-08-21.
  3. ^ "Affiliated". www.oic-oci.org. Retrieved 2023-08-14.
  4. ^ "International Network". acci.org.af. Retrieved 2023-08-23.
  5. ^ "Beynəlxalq tərəfdaşlıq – ASK" (in Azerbaijani). Retrieved 2023-08-23.
  6. ^ "Bahrain Chamber of Commerce and Industry | Kingdom of Bahrain". www.bahrainchamber.bh. Retrieved 2023-08-23.
  7. ^ "Nos partenaires". Chambre de Commerce de Djibouti (in French). Retrieved 2023-08-23.
  8. ^ "Jordan Chamber of Commerce : Membership". www.jocc.org.jo. Retrieved 2023-10-08.
  9. ^ ""Атамекен" ҚР Ұлттық кәсіпкерлер палатасы". atameken.kz (in Kazakh). Retrieved 2023-08-24.
  10. ^ "OVERVIEW OF NCCIM NETWORK – NCCIM". Retrieved 2023-10-08.
  11. ^ "Home". MNCCI. Retrieved 2023-08-24.
  12. ^ "FPCCI – The Federation of Pakistan Chamber of Commerce and Industry". Retrieved 2023-08-24.
  13. ^ "QC participates in ICCIA board meeting – Qatar Chamber". 20 September 2016. Retrieved 2023-10-08.
  14. ^ "36th session of the General Assembly of the Islamic Chamber of Commerce and Industry (ICCIA)". tpp.tj. Retrieved 2023-08-27.
  15. ^ "The Irish Islamic Chamber of Commerce officially became an observer and affiliate member of the Islamic Chamber of Commerce & Industry".
  16. ^ "About Islamic Chamber Halal Services". ICHalal. 6 December 2022. Retrieved 2023-08-29.
  17. ^ "OIC Arbitration Center Board of Trustees convened".
  18. ^ Kareem, Marlena (2023-01-11). "Islamic Chamber of Commerce, Industry and Agriculture partners with OIC countries for green Waqf initiative". Islamic Sustainable Finance & Investment. Retrieved 2023-09-03.
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