The document was signed within the 39th IDB Group Annual Meeting in Jeddah, Saudi Arabia, on 25 June 2014.

The financial resources will be used to finance projects of small and private businesses in Uzbekistan.

The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral organization, affiliated with the Islamic Development Bank (IDB) Group. Its shareholders are the IDB, 45 Islamic member countries, and 5 public financial institutions from member countries. ICD was established by the IDB Board of Governors during their 24th annual meeting held in Jeddah in November 1999. The head office of ICD is in Jeddah, Kingdom of Saudi Arabia. Uzbekistan joined ICD in 2004.

UzbekLeasing International A.O. was created with the resolution of the Government of Uzbekistan from 5 January 1995. National Bank of Uzbekistan for Foreign Economic Activities (35%), Malayan Banking Berhad (35%) and Uzbek-Oman Investment Company (30%) are founders of the leasing company.