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International Islamic Trade Finance Corporation (ITFC)

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    • (L-R) Eng. Hani Salem Sonbol, CEO ITFC - Dr. Sahar Nasr, Minister of Investment and International Trade - Eng. Tarek El Molla, Minister of Petroleum & Mineral Resources - Eng. Abed Ezz El Regal, Chief Executive Officer EGPC
    • (L-R) (L-R) Eng. Hani Salem Sonbol, CEO ITFC - Dr. Sahar Nasr, Minister of Investment and International Trade - Dr. Aly Meselhy Minister of Supply and Internal Trade - Mr. Ahmed Yousef, Deputy Chairman of the Commodity Supply Authority
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Source: International Islamic Trade Finance Corporation (ITFC) |

ITFC to Implement U.S. $3 Billion Framework Agreements through two new Financing Agreements to Support Egypt’s Main Sectors

ITFC has signed five framework agreements with the Government of Egypt represented by the Ministry of Investment & International Cooperation totaling U.S. $ 9.2 billion

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org) announced the signing of two new Agreements between ITFC & the Government of the Arab Republic of Egypt represented by the Egyptian General Petroleum Corporation (EGPC) and the General Authority for Supply Commodities (GASC) initiating the utilization of the 5th Framework agreement.…

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

New ITFC Agreement of US$210 Million for key sectors to support economic growth and job creation in The Gambia

The agreement is to support key economic sectors, including energy, through the importation of refined petroleum products, and agriculture

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, signs a US$210 million Framework Agreement with Government of The Gambia for financing over a  3 year period. The signing ceremony took place in Banjul on 16th January 2018,  during the official visit…

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

The International Islamic Trade Finance Corporation (ITFC) Supports Gambia’s Agriculture With US $ 17.5 Million Syndicated Murabaha Financing

The Facility will be used to support the agriculture sector in Gambia through the import of inputs (fertilizers) and the purchase of Agricultural Produce

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic Development Bank (IDB) Group (www.IsDB.org), signed on November 29, 2017 with the Government of The Gambia a syndicated Murabaha financing Agreement in an amount of US $ 17.5Million. The Facility will be used to support the agriculture sector…

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

Euro 100 Million for Supporting Cotton in Cameroon by the International Islamic Trade Finance Corporation (ITFC)

Sodecoton will ensure the distribution of the fertilizers, in addition to buy from farmers their raw cotton and process into cotton fiber for exporting

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IDB) Group (www.IsDB.org), signed a EUR 100 million syndicated agreement with the Government of Cameroon and Sodecoton as the Executing Agency for the export of cotton and the import of agricultural inputs. The Agreement was…

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

The International Islamic Trade Finance Corporation (ITFC) “The Cotton Bank of Africa” Supports Burkina Faso’s Cotton Sector with a EUR 107 Million Financing

This financing agreement will support the purchase of seed cotton from farmers and cooperatives

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group (www.IsDB.org), signed a EUR 107 Million Murabaha Financing Agreement (CFA franc 70 billion) to finance Burkina Faso 2017/2018 Cotton Season with SOFITEX (the national cotton company) as executing agent. This transaction is in…

International Islamic Trade Finance Corporation (ITFC)

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    • ITFC, ITC through Aid for Trade Initiative for Arab States (AfTIAS) Program Launch the Program for the Development of Dates Sector in Medina Region (1)
    • ITFC, ITC through Aid for Trade Initiative for Arab States (AfTIAS) Program Launch the Program for the Development of Dates Sector in Medina Region (2)
    • ITFC, ITC through Aid for Trade Initiative for Arab States (AfTIAS) Program Launch the Program for the Development of Dates Sector in Medina Region (3)
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC), the International Trade Centre (ITC) through Aid for Trade Initiative for Arab States (AfTIAS) Program Launch the Program for the Development of Dates Sector in Medina Region

The signing took place on the side-lines of the Sixth Global Review of Aid for Trade at the WTO Headquarters, in Geneva

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic Development Bank (IsDB) Group and the International Trade Centre (ITC) have signed an amendment to their partnership agreement for the implementation of Program for the Development of Dates Sector in Medina Region (PDDM). The signing took place on…

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

The International Islamic Trade Finance Corporation (ITFC) Signs US$ 450 Million Socioeconomics Development Framework Agreement with the Government of Burkina Faso

ITFC has provided over US$ 770 million since inception in 2008, in favour of Burkina Faso

On the side-lines of the Islamic Development (IDB) Group 42nd Annual Meeting of the Board of Governors held in Jeddah during the period from 14th to 18th of May 2017, the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) has signed a three-years US$ 450 million socioeconomic development framework agreement with…