WAQF COMPANIES
Holding Company
It is the mother company through which any investment company would be established.
The Holding Company was established by the Islamic Chamber to implement a group of investment projects, as it aims to provide solutions to achieve sustainable development according to the sustainable investment model with a positive social impact.
Islamic Chamber Halal Certification Services
The current situation of a rapidly growing halal market has showed a clear need for an internationally acceptable compliance mechanism, muslim consumers around the world are demanding an authentic, fully verifiable, and unified certification system that ensures food products are processed according to Islamic Shareaa. ICCIA which is the representative of the private sector in the OIC 57 countries striving to qualitatively and quantitatively develop the Halal market and respond to Muslim Consumers demands, to this end the ICCIA created the ICHCS to act as it’s certification arm within its mandate to advocate Halal and develop the Halal Market, ICHCS mission is to perform thorough verification of food Halalness and provide trusted Certificates. ICHCS vision is to Be the trusted and sought out “Halal Mark” for Muslims and Muslim countries to identify Halal food.
Cross Border gates
Establishment and Management of Border Gates
Out of its continuous commitment to encourage market development and investment in companies across OIC, the Islamic Chamber Holding Company established a subsidiary company entitled “Establishment and Management of Border Gates”, with the Union of Chambers and Commodity Exchanges of Turkey (TOBB) and GTI; a company specialized in modernizing border gates on the BOT (Build, Operate, Transfer) model, with the aim of enabling the states to achieve the management and operation of the land port with high efficiency, and to create a stable civilized center for all users of this land port.
The company’s objectives:
The company shall act as a border gate management model GTI model at the first level across the OIC, through:
1-Strategic planning in related areas.
2-Financial and management consultancy in related fields.
Microfinance Institutions
ICCIA is now working to establish microfinance institutions in OIC member countries, to work on increasing the participation of vulnerable groups in the economic activities across the country, besides promoting social financing as an effective way to empower the vulnerable groups economically, as well as promoting the private sector to guarantee the project sustainability, and establishing an efficient model that can be replicated in the rest of OIC member countries.
Commodity Exchange for Agricultural products
As part of its tireless efforts to advance the agricultural sector across its member states, ICCIA developed the Commodity Exchange project for Agricultural Products, which aims to promote the establishment and the implementation of modern agriculture commodity exchange markets (ACEM), in order to foster the value chain of agriculture commodities across the OIC member countries.
Through three phases, the project is undertaking a study to assess agriculture-based economies within the OIC members, aiming to transfer such experiences in two selected countries within the OIC member countries and contributing to the establishment of a modern business model for ACEM operation.