GIFS2019 marks the signing of a strategic agreement between ICD and IAP Integrated in Kuala Lumpur

Ayman Sejiny ICD, Ministry of Finance Malaysia, Elmangos and Bank Islam
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Kuala Lumpur, October 04, 2019: 

The industry linkage services of Elmangos successfully facilitated a Strategic Agreement  between The Islamic Corporation for the Development of the Private Sector (ICD) and IAP Integrated Sdn Bhd (“IAP Integrated”), the owner and operator of the Investment Account Platform  (IAP)  during the opening ceremony of the “2nd Global Islamic Fintech Summit” In Kuala Lumpur, Malaysia. The agreement signing was led by Ayman Sejiny, CEO of ICD, and Joann Enriquez, CEO of IAP Integrated.

This historic agreement was witnessed by three prominent figures: Datuk Zamani Abdul Ghani, Chairman of Bank Islam Malaysia Berhad; Mohammad Fikri Bin Ahmad, Private Secretary to the Deputy Minister of Finance of Malaysia; and Abd Elmohaimen Mansi, Founder & Director of Elmangos.

Mr Ayman Sejiny, the CEO of ICD said that “ICD is pleased to be the first organization that IAP Integrated turns to in an effort to market its crowdfunding fintech solutions to other major Islamic markets such as Central Asia and Africa, in addition to the traditional Islamic markets in the Arab regions. We believe that this collaboration will enhance our reputation as a trusted long-term partner towards contributing to the development of the economies of our member countries through private sector development”.

IAP Integrated’s CEO, Joann Maryam Enriquez commented that “for IAP to penetrate the above markets, it needs a partner that is reputable, has a good network and experience in those markets and more importantly, with a name and branding that interested parties and potential suitors in those markets can trust. In ICD, we have found a partner with all these traits”.

Abd Elmohaimen Mansi, Founder & CEO of Elmangos commented, “I am proud that the hard work of Elmangos team is paving the way for a stronger and more integrated Islamic digital economy through facilitating partnerships and collaborations such as the Strategic Agreement between ICD and IAP that was signed during GIFS in Kuala Lumpur recently. We believe in the future of Islamic Fintech and the global Halal economy, and our events will continue to support these industries to be highlighting the best entrepreneurs and initiatives from around the world”.

About the Islamic Corporation for the Development of the Private Sector (ICD) 

Established in 1999, ICD is a multilateral development organization and a member of the Islamic Development Bank (IsDB) Group. The mandate of ICD is to support economic development and promote the development of the private sector in its member countries through providing financing facilities and/or investments in accordance with the principles of Sharia’a. ICD also provides technical assistance and advisory services to member countries and their public and private enterprises with a view to improving the environment for private investment, facilitating the identification and promotion of investment opportunities, privatization of public enterprises and the development of the Islamic capital markets. 

For more information about ICD, visit  

About IAP Integrated Sdn Bhd 

IAP Integrated Sdn Bhd (IAP Integrated) is a wholly-owned subsidiary of Raeed Holdings Sdn Bhd (Raeed) which is a consortium of six Islamic Banks in Malaysia namely Affin Islamic Bank Berhad, Bank Islam Malaysia Berhad, Bank Muamalat Malaysia Berhad and Maybank Islamic Berhad. The consortium was later joined by Bank Kerjasama Rakyat Malaysia Berhad and Bank Simpanan Nasional. 

For more information about IAP Integrated, visit:

About the organiser:

Elmangos is a leading global business event and industry linkage facilitator. Our own conceptualized conferences/events is a meeting point of key stakeholders, movers and shakers of the global sector

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