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International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) Signs US$47.6 Million Financing Agreement with the Republic of Türkiye to Strengthen Health Services and Mitigate the Effects of Earthquakes
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Signs US$47.6 Million Financing Agreement with the Republic of Türkiye to Strengthen Health Services and Mitigate the Effects of Earthquakes

The financing will support the procurement of essential medicines and medical devices for distribution across 12 to 53 provinces, with a particular focus on areas most affected by the disaster

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, signed a US$47.6 Million Murabaha Financing Agreement with the Ministry of Treasury and Finance (MoTF) of the Republic of Türkiye.  The signing ceremony took place in Istanbul on the sidelines of the COMCEC…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) Strengthens Comoros’ Energy Security and Food Resilience with Innovative Trade Finance Solutions
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Strengthens Comoros’ Energy Security and Food Resilience with Innovative Trade Finance Solutions

The Corporation’s integrated trade finance solutions enhance resilience to external shocks and promote inclusive economic growth and regional cooperation

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, continues to make significant progress in its partnership with the Union of Comoros, delivering impactful trade finance solutions to bolster the country’s energy security, food supply, and economic diversification. With no domestic oil…

International Islamic Trade Finance Corporation (ITFC)

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    • The International Islamic Trade Finance Corporation (ITFC) and Türk Eximbank Sign US$ 200 Million Financing Facility (1)
    • The International Islamic Trade Finance Corporation (ITFC) and Türk Eximbank Sign US$ 200 Million Financing Facility (2)
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) and Türk Eximbank Sign US$ 200 Million Financing Facility

This signing marks another significant milestone in the long-standing partnership between ITFC and Türk Eximbank, which began in 2009

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$ 200 million Syndicated Murabaha Financing with Türk Eximbank to support the trade financing needs of the private sector, further strengthening SMEs export competitiveness and contributing to the Country’s sustainable…

International Islamic Trade Finance Corporation (ITFC)

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    • Mr. Bakhtiyorjon Juraev, Chairman of the Management Board of Hamkorbank and Eng. Adeeb Y. Al Aama, CEO of ITFC (1)
    • Mr. Bakhtiyorjon Juraev, Chairman of the Management Board of Hamkorbank and Eng. Adeeb Y. Al Aama, CEO of ITFC (2)
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Expands Strategic Cooperation with Hamkorbank through an Additional US$30 Million Syndicated Line of Financing Facility

The financing is part of the US$600 million Framework Agreement signed between the Republic of Uzbekistan and ITFC in March 2024

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, and Joint-Stock Commercial Bank with Foreign Capital Hamkorbank, have reinforced their partnership through the signing of an increase in the Line of Trade Financing Agreement, with an additional US$30 million. The signing ceremony…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) and the Republic of Djibouti Sign US$90 Million Financing Agreement
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) and the Republic of Djibouti Sign US$90 Million Financing Agreement

This agreement reflects ITFC’s commitment to supporting Djibouti’s economic development by strengthening its energy sector

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic Development Bank (IsDB) Group, has signed a US$90 million syndicated facility in favor of the Republic of Djibouti, with the Société Internationale des Hydrocarbures de Djibouti (SIHD), as the executing agency.   The Agreement was signed between Mr. Nazeem…

International Islamic Trade Finance Corporation (ITFC)

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    • The Arab Africa Trade Bridges (AATB) Program Launches Strategic Wheat Development Initiative in Mauritania with Arab Center for the Studies of Arid Zones and Dry Lands (ACSAD) and International Islamic Trade Finance Corporation (ITFC)
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Source: International Islamic Trade Finance Corporation (ITFC) |

The Arab Africa Trade Bridges (AATB) Program Launches Strategic Wheat Development Initiative in Mauritania with Arab Center for the Studies of Arid Zones and Dry Lands (ACSAD) and International Islamic Trade Finance Corporation (ITFC)

This project will enhance food security through regional cooperation and local wheat seed multiplication

The Arab Africa Trade Bridges (AATB) Program has launched a strategic initiative in Mauritania to develop national capacity for wheat seed multiplication, enhance agricultural productivity, and fortify the wheat value chain. Implemented in partnership with the Arab Center for the Studies of Arid Zones and Dry Lands (ACSAD) and the…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC), Saudi EXIM Bank, and OPEC Fund Sign US$ 100 Million Syndicated Financing to Support Fertilizer Imports for Bangladesh
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC), Saudi EXIM Bank, and OPEC Fund Sign US$ 100 Million Syndicated Financing to Support Fertilizer Imports for Bangladesh

The plan aims to support energy and food security for Bangladesh, providing funding for the supply of critical commodities, including petroleum products, LNG, and fertilizers

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, in partnership with Saudi EXIM Bank and the OPEC Fund for International Development (OPEC Fund), announced the signing of a landmark US$100 million Murabaha Financing Facility in favor of the People’s Republic of…

International Islamic Trade Finance Corporation (ITFC)

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    • The International Islamic Trade Finance Corporation (ITFC) Reports Strong Results and Sustainability Progress in 2024 Annual Development Effectiveness Report
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) Reports Strong Results and Sustainability Progress in 2024 Annual Development Effectiveness Report

The 2024 Annual Development Effectiveness Report (ADER) Showcases Resilience, Innovation, and Sustainable Impact Amidst Global Challenges

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, announced the release of its 2024 Annual Development Effectiveness Report (ADER). The ADER serves as an essential reporting and transparency tool, enabling ITFC to measure, communicate, and continually refine its strategies and interventions…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) Signs EUR 15 million Master Murabaha Agreement to Support Türkiye’s Private Sector
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) Signs EUR 15 million Master Murabaha Agreement to Support Türkiye’s Private Sector

This agreement reinforces ITFC’s commitment to advancing Islamic trade finance solutions in support of the private sector and SMEs in Türkiye

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a EUR 15 million Master Murabaha Agreement with Ak Finansal Kiralama A.Ş. (Aklease), one of Türkiye’s leading leasing institutions and a subsidiary of AkBank. The two-year facility aims to expand access…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) Signs Landmark US$513 Million Syndicated Murabaha Financing with the Government of Pakistan to Support Energy Imports
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Signs Landmark US$513 Million Syndicated Murabaha Financing with the Government of Pakistan to Support Energy Imports

This milestone facility marks the largest syndicated financing arranged by ITFC for Pakistan over the last three years

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, signed a US$513 million Syndicated Murabaha Financing Facility with the Islamic Republic of Pakistan, represented by the Ministry of Economic Affairs, to support the country’s critical energy sector needs. The signing ceremony was…