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    • The International Islamic Trade Finance Corporation (ITFC) Supports National Water and Electricity Company (NAWEC) to Enhance its Corporate Governance and Strategic Leadership
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The International Islamic Trade Finance Corporation (ITFC) Supports National Water and Electricity Company (NAWEC) to Enhance its Corporate Governance and Strategic Leadership

Capacity Building Workshops Supported NAWEC’s Sustainable Business Growth Strategies Designed to Contribute to the Socio-economic Development of The Gambia

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB), has conducted a capacity-building training workshop on leadership and change management for the Gambia National Water and Electricity Company (NAWEC). The workshop was conducted within the framework of ITFC’s Integrated Trade Solutions (ITS) under…

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    • International Islamic Trade Finance Corporation (ITFC) Extends US$ 15 million Financing Support to Private Sector in Uzbekistan
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International Islamic Trade Finance Corporation (ITFC) Extends US$ 15 million Financing Support to Private Sector in Uzbekistan

The financing agreement with Aloqabank will contribute to efforts to strengthen the private sector and SMEs in the country

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, has signed a trade financing agreement with Aloqabank, Uzbekistan. The agreement is in line with ITFC’s commitment to support the private sector, especially SMEs in OIC member countries in general and in Uzbekistan…

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    • International Islamic Trade Finance Corporation (ITFC) and Asia Alliance Bank Sign US$ 10 Million Line of Trade Financing Agreement to Boost Private Sector and Medium-Sized Enterprises (SME) Support in Uzbekistan
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International Islamic Trade Finance Corporation (ITFC) and Asia Alliance Bank Sign US$ 10 Million Line of Trade Financing Agreement to Boost Private Sector and Medium-Sized Enterprises (SME) Support in Uzbekistan

The funds will be extended under the Murabaha structure, ensuring adherence to Shariah principles

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group and Asia Alliance Bank have inked an agreement to bolster trade financing for Uzbekistan's private sector, particularly small and medium-sized enterprises (SMEs). Under the agreement, ITFC will provide a Line of Financing of…

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    • The International Islamic Trade Finance Corporation and the Saudi Export-Import Bank (Saudi EXIM Bank) Sign an Implementation Agreement for a Line of Financing of USD 25 million in favor of Bank Al Habib Limited in Pakistan under the umbrella of “KSA SMEs Export Empowerment Program”
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The International Islamic Trade Finance Corporation and the Saudi Export-Import Bank (Saudi EXIM Bank) Sign an Implementation Agreement for a Line of Financing of USD 25 million in favor of Bank Al Habib Limited in Pakistan under the umbrella of “KSA SMEs Export Empowerment Program”

This collaborative endeavour signifies a crucial step forward in fortifying international trade and elevating the contribution of SMEs to the gross domestic product, aligning with the objectives of the Kingdom’s Vision 2030

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) and the Saudi Export-Import Bank (Saudi EXIM Bank) have signed an Implementation Agreement for a Line of Financing of USD 25 million in favor of Bank Al Habib Limited in the Islamic Republic of Pakistan. This agreement is strategically designed to catalyse…

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    • International Islamic Trade Finance Corporation (ITFC) signs a US$90 million Master Murabaha Agreement in Favor of the Republic of Djibouti
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International Islamic Trade Finance Corporation (ITFC) signs a US$90 million Master Murabaha Agreement in favor of the Republic of Djibouti

The agreement is part of ITFC’s commitment to contribute to the developmental strides of Djibouti’s economy through its energy industry

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, signed a US$90 Million Master Murabaha Agreement in favor of the Republic of Djibouti, with the International Hydrocarbons Company of Djibouti (SIHD) as the executing agency. The signing took place between HE. Ilyas…

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    • International Islamic Trade Finance Corporation (ITFC) Tops Bloomberg’s 2023 Global Islamic Syndication Financing League Tables as Leading Bookrunner and Mandated Lead Arranger
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International Islamic Trade Finance Corporation (ITFC) Tops Bloomberg’s 2023 Global Islamic Syndication Financing League Tables as Leading Bookrunner and Mandated Lead Arranger

This highlights ITFC's exceptional global performance throughout 2023, reaffirming its leadership position in the Islamic financing landscape

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB), has solidified its position again on top of the Bloomberg’s 2023 Islamic Syndication Financing League Tables as the Global leader both as Bookrunner and Mandated Lead Arranger (MLA). The Global Islamic Syndication Financing League…

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    • During Conference of the Parties (COP28) United Nations Industrial Development Organization (UNIDO) and International Islamic Trade Finance Corporation (ITFC) Forge Strategic Partnership for Sustainable Development
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During Conference of the Parties (COP28) United Nations Industrial Development Organization (UNIDO) and International Islamic Trade Finance Corporation (ITFC) Forge Strategic Partnership for Sustainable Development

The Joint Declaration signed by both parties underscores the vital role that UNIDO and ITFC play in promoting industrial development and trade development, respectively

Mr. Gerd Müller, Director General of the United Nations Industrial Development Organization (UNIDO), and Eng. Hani Salem Sonbol, Chief Executive Officer of the International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), have announced a renewed commitment to collaborate to advance the United Nations Sustainable Development Goals (SDGs). The Joint Declaration signed…

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    • New Report by KPMG, First Abu Dhabi Bank (FAB) and International Islamic Trade Finance Corporation (ITFC) Identifies Transformational Role Financial Institutions Play in Accelerating Gulf Cooperation Council’s (GCC) Food Security and Climate Goals Globally
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New Report by KPMG, First Abu Dhabi Bank (FAB) and International Islamic Trade Finance Corporation (ITFC) Identifies Transformational Role Financial Institutions Play in Accelerating Gulf Cooperation Council’s (GCC) Food Security and Climate Goals Globally

It also highlights supporting technologies that are preserving food system integrity and proposes actionable recommendations for financial institutions to actively contribute to a sustainable future

With the global population set to reach 9.8 billion by 2050, communities and ecosystems are facing enormous resource challenges. A recent report by KPMG Lower Gulf (https://KPMG.com/), First Abu Dhabi Bank (FAB) (https://www.BankFAB.com/), and the International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-idb.org/), titled Harvesting Resilience, Leveraging Finance for Food Security…

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    • The International Islamic Trade Finance Corporation (ITFC) Extends US$ 40 million with Vakif Katilim Bank and Ziraat Katilim Bank and to Support the Private Sector in Türkiye
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The International Islamic Trade Finance Corporation (ITFC) Extends US$ 40 million with Vakif Katilim Bank and Ziraat Katilim Bank and to Support the Private Sector in Türkiye

The collaboration aims to bolster the growth of the private sector and SMEs in Türkiye through the provision of Sharia-compliant Murabaha financing

The International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), member of the Islamic Development Bank (IsDB) Group, announce the signing of two significant Murabaha Financing Agreements with Vakif Katilim Bank and Ziraat Katilim Bank, valued at USD 20 million each. The agreements were formalized during the visit of Eng. Hani Salem…

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    • The Arab Africa Trade Bridges Program (AATB) Fosters Trade Development in Africa with the Signing of Two Key Agreements at Intra Africa Trade Fair (IATF) 2023
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The Arab Africa Trade Bridges Program (AATB) Fosters Trade Development in Africa with the Signing of Two Key Agreements at Intra Africa Trade Fair (IATF) 2023

Agreements aim to accelerate Economic Growth and Establish a Platform for the Exchange of Knowledge and Capacity-building in Africa

The Arab Africa Trade Bridges Program, a multi-donor, inter-regional program, has signed two agreements aimed at fostering sustainable growth and development on the sidelines of the Intra Africa Trade Fair 2023 in Cairo, Egypt. Eng. Hani Salem Sonbol, the CEO of ITFC, Acting CEO of ICD, and Secretary General of…