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International Islamic Trade Finance Corporation (ITFC)

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    • The Arab Africa Trade Bridges (AATB) Program and Republic of Tunisia Sign the 2022-2023 Country Program
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Source: International Islamic Trade Finance Corporation (ITFC) |

The Arab Africa Trade Bridges (AATB) Program and Republic of Tunisia Sign the 2022-2023 Country Program

Both sides inked the 2022-2023 Country Program with the aim of developing a cooperation framework between the Republic of Tunisia and the AATB Program

The Republic of Tunisia, represented by H.E Samir Said, Minister of Economy and Planning endorsed the Arab Africa Trade Bridges (AATB) Program through a signing ceremony that took place with Eng. Hani Salem Sonbol, CEO of the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) and Secretary General of the AATB…

International Islamic Trade Finance Corporation (ITFC)
Source: International Islamic Trade Finance Corporation (ITFC) |

ITFC extends US$ 15 Million Line of Trade Financing Facility to Invest Finance Bank

The financing agreement with Invest Finance Bank (InFinBank) aims to meet the growing demand for Shari’ah Compliant trade finance solutions

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), signed a trade finance agreement with Invest Finance Bank (InFinBank), Uzbekistan. The US$ 15 million facility, which is the first Trade Finance Facility ITFC extending to Invest Finance Bank (InFinBank), aims to support the import and pre-export financing needs of its clients…

International Islamic Trade Finance Corporation (ITFC)

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    • ITFC extends US $15 Million Line of Financing Facility to Uzbek Industrial and Construction Bank
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Source: International Islamic Trade Finance Corporation (ITFC) |

ITFC extends US $15 Million Line of Financing Facility to Uzbek Industrial and Construction Bank

The financing will cater to the needs of private sector clients of the Bank for Shari’ah Compliant trade solutions

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org),  signed a trade finance agreement with Uzbek Industrial and Construction Bank for a total amount of US $15 Million. This will provide Uzbek Industrial and Construction Bank the needed funding to meet the growing demand for Shari’ah Compliant trade finance of its…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) Tops Bloomberg 2021 Global Islamic Financing League Tables as #1 Bookrunner and Mandated Lead Arranger
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Tops Bloomberg 2021 Global Islamic Financing League Tables as #1 Bookrunner and Mandated Lead Arranger

ITFC recorded financing transaction volume of over US$5.23 billion globally, covering market share of 21.2% as Bookrunner and 18.6% as MLA

International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) has emerged on top of the Bloomberg 2021 Islamic Financing League Tables as the Global leader as Bookrunner and Mandated Lead Arranger (MLA). The 2021 Global Islamic Financing League Tables released by Bloomberg showed that ITFC is the top Bookrunner and MLA ahead…

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    • ITFC Signs a US$ 150 Million three-year Framework Agreement with the Government of Turkmenistan
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Source: International Islamic Trade Finance Corporation (ITFC) |

ITFC Signs a US$ 150 Million three-year Framework Agreement with the Government of Turkmenistan

ITFC remains firmly committed in supporting the socio-economic development of our member countries and this Framework Agreement is a step in that direction

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) signed a Framework Agreement for US$ 150 million with the Government of Turkmenistan. The event took place virtually on 22 December 2021 with Eng. Hani Salem Sonbol, Chief Executive Officer of ITFC and H.E. Mr. Rahimberdi Jepbarov, Chairman of the Board, State…

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    • The International Islamic Trade Finance Corporation Launches Four-Part Documentary Series on Senegal’s Groundnut Sector
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation Launches Four-Part Documentary Series on Senegal’s Groundnut Sector

Documentary to air on Africanews and Afrique Media TV this December

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) will be releasing a series of four (4) short documentaries that showcase the depth of ITFC’s interventions in the Groundnut sector in Senegal. Called The ITFC Groundnut Project: Full Cycle, the documentary will air on Africanews from 16th to 31st December 2021…

International Islamic Trade Finance Corporation (ITFC)

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    • During the Last Edition of IATF in Durban, South Africa, The International Islamic Trade Finance Corporation (ITFC) Organized Two Side Events, Under the AATB Program, to Share its Vision and Programs Aiming to Accelerate Trade Across the African Continent
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Source: International Islamic Trade Finance Corporation (ITFC) |

During the Last Edition of IATF in Durban, South Africa, The International Islamic Trade Finance Corporation (ITFC) Organized Two Side Events, Under the AATB Program, to Share its Vision and Programs Aiming to Accelerate Trade Across the African Continent

The week-long event saw the attendance of a diverse audience including government officials, policy-makers, industry leaders and institutional heads from African countries and other regions to discuss trade, the creative industry, Africa’s post-covid economic recovery and the contient’s position on global trade in the perspective of the African Continental Free Trade Area (AfCFTA)

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) joined partners, involved parties in the Arab-Africa Trade Bridges (AATB) Program, strategic stakeholders and public and private sector players for the 2021 edition of the Intra-African Trade Fair (IATF) that took place in the city of Durban in South Africa. The ITFC…

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    • ITFC Signs a EUR 40 million Agreement with SONACOS to Finance 2021/22 Groundnut Season in Senegal
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Source: International Islamic Trade Finance Corporation (ITFC) |

ITFC Signs a EUR 40 million Agreement with SONACOS to Finance 2021/22 Groundnut Season in Senegal

This is to support the full recovery of the Senegalese economy as agriculture is a vital sector that contributes about 16% to the country’s GDP

The International Islamic Trade Finance Corporation (ITFC) (ITFC-idb.org), granted a Euro 40 million financing to Senegal National Groundnut Company (SONACOS). This facility is dedicated to the post-Covid recovery of the Senegalese agriculture sector, the facility is purposed at financing part of the 2021-2022 groundnut campaign. The financing shall cover about…

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    • Roundtable on the Harmonisation of Standards for Pharmaceutical Products and Medical Devices in Africa during IATF 2021 in Durban
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Source: International Islamic Trade Finance Corporation (ITFC) |

Under the Arab Africa Trade Bridges (AATB) Program, ITFC, Afreximbank, BADEA and ARSO organized a High-level Roundtable on the Harmonisation of Standards for Pharmaceutical Products and Medical Devices in Africa during IATF 2021 in Durban

The week-long event brought together government officials, policy-makers, industry leaders and institutional heads from African countries and other regions to discuss the future of of the African Continental Free Trade Area (AfCFTA), trade, health and post-covid economic recovery

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), the African Export-Import Bank (Afreximbank), Arab Bank for Economic Development in Africa (BADEA) and the African Organization for Harmonization (ARSO), Africa Continental Free Trade Area (AfCFTA) Secretariat,  joined other partners and strategic stakeholders for a strategic roundtable on the Harmonisation of Standards for Pharmaceutical products and…

International Islamic Trade Finance Corporation (ITFC)
Source: International Islamic Trade Finance Corporation (ITFC) |

Under the Arab Africa Trade Bridges (AATB) Program, ITFC, Afreximbank, BADEA and ARSO to Organize a High-level Roundtable on the Harmonisation of Standards for Pharmaceutical Products and Medical Devices in Africa on the 17th November 2021

The hybrid roundtable is aimed at discussing and providing update on the Harmonization project and will come off on the sidelines of the Intra-African Trade Fair (IATF) taking place in Durban, South Africa from the 15th to the 21st of November 2021

The International Islamic Trade Finance Corporation (ITFC) (ITFC-idb.org), in partnership with the African Export-Import Bank (Afreximbank), Arab Bank for Economic Development in Africa (BADEA) and the African Organization for Harmonization (ARSO) announce the organization of a roundtable on the sidelines of the Intra-African Trade Fair (IATF) on 17th November 2021 at 10:30 – 12.30pm (South Africa…