H.E. Khaled Al Aboodi, CEO of the ICD, commented that: “China has hitherto been a relatively untapped market for Islamic finance, and offers exceptional potential in terms of its global strength and economic influence. ICBC Leasing, which is the biggest leasing firm in China and has a strong international network and outstanding financial fundamentals, is the ideal partner for this venture; and we are excited to embark on what promises to be a productive and rewarding collaboration uniting these two key markets.”
Cong Lin, the CEO of ICBC Leasing remarked that “As the “Silk Road Economic Belt and 21st Century Maritime Silk Road” (referred to as “One Belt One Road”) Concept and Strategy has been raised and promoted by the Chinese government recently, ICBC Leasing are also actively developing our international business with the corporations or financial institutions in the “one Belt one Road” region as an important part of our global development strategy. ICBC Leasing’s target markets cross with many ICD member states to a great extent. In addition, as China’s biggest financial leasing company we aim to support the real economy development directly and we note that ICD also focus on promoting the real economy development of the private sector on its membership countries. Based on the above we believe the two sides have huge potential for cooperation on funding, leasing business and many other areas in the future.”