Company Background
Capitas Group International (CGI) is a subsidiary of the Islamic Corporation for the Development of the Private Sector. CGI provides a comprehensive set of real estate management advisory in development management, Total Real Estate Solutions, and financial platforms, Total Financial Solutions. In addition to its real estate practice, CGI works on targeted SME development initiatives.
The 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, part of the Islamic Development Bank (“IDB”) Group. Its shareholders include the IDB, 45 member countries, and five public financial institutions from its member countries. ICD’s mandate is to support the economic development of its member countries through financial support to private sector projects. Its operations serve to complement the activities of the IDB in member countries and also those of national financial institutions. ICD has operations in 17 countries, with total net approvals in ICD’s portfolio amounting to USD $1.6 billion.
Capitas Group, LLC |
Capitas Group, LLC is a privately held, New York based firm with a track record of establishing successful Shari’ah compliant specialty finance businesses. Members of Capitas Group’s management bring together best practice know-how from successful careers within global financial firms, with specialized expertise in the real estate and SME sectors.