The Seventh Islamic Conference of Foreign Ministers, held in Istanbul from May 22-25, 1976, approved the common aspirations of the Islamic countries to promote and enhance commercial and industrial cooperation among the Islamic World, by setting up an organization/institution that would assemble the business organizations of the Islamic countries.

In line with the significance of this resolution, particularly at the level of the private sector of the Islamic Countries, the first Conference of the Chambers of Commerce and Industry of the Islamic States was held in Istanbul from October 17-21, 1977.

During the said Conference, a Resolution for unanimously adopted for establishing the Islamic Chamber of Commerce and Development. Thereafter, on the offer of the Government of Islamic Republic of Pakistan, the Headquarters of the Islamic Chamber of Commerce, Industry and Agriculture (Currently the Islamic Chamber of Commerce and Development) was established in 1979 in Karachi (the economic and commercial capital of Pakistan), with Diplomatic Status.‎

Within the Islamic Chamber’s solid steps to keep pace with the ongoing developments in the global business arena, we realized the necessity of updating the Chamber’s name and identity to better reflect its investment and development projects that pave the way for a new era of growth and progress. Therefore, the 39th General Assembly Meeting, held in Doha, Qatar, in December 16, 2023, adopted the new logo and name for the Chamber “Islamic Chamber of Commerce and Development”, as recommended by the 35th Board of Directors Meeting, held on July 17, 2023, in Baku, Azerbaijan.