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International Islamic Trade Finance Corporation (ITFC)

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    • Joint African Continental Free Trade Area Implementation Support Project Announces Progress Update
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Source: International Islamic Trade Finance Corporation (ITFC) |

Joint African Continental Free Trade Area Implementation Support Project Announces Progress Update

Project Activities Strengthened Agreement Implementation in Burkina Faso, Guinea, Niger, Senegal, and Togo

The African Continental Free Trade Area Implementation Support Project, a joint project established and funded by the United Nations Economic Commission for Africa (ECA), the Enhanced Integrated Framework (EIF), Islamic Development Bank (IsDB), the International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org) and the Trade Development Fund (TDFD), today announced a number of…

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

Regional Voluntary Carbon Market Company (RVCM) and the International Islamic Trade Finance Corporation (ITFC) to Partner on Driving Islamic Finance Towards Climate Action

The collaboration will open doors for promoting the Voluntary Carbon Market within the Organization of Islamic Cooperation (“OIC”)

The partnership will utilize Islamic finance to combat climate change. The collaboration will open doors for promoting the Voluntary Carbon Market within the Organization of Islamic Cooperation (“OIC”). The partnership will open doors to provide advisory and financing services to businesses aiming to offset their carbon footprint or seeking to…

International Islamic Trade Finance Corporation (ITFC)

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    • Panel Discussion on Cotton Traceability and Resilience During COP27 (1)
    • Panel Discussion on Cotton Traceability and Resilience During COP27 (2)
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) and United Nations Industrial Development Organization (UNIDO) Egypt Host a Panel Discussion on Cotton Traceability and Resilience During COP27

Panel Discussion Showcased Economic Potential of Promoting Sustainable Textile and Cotton Sector in Egypt and Sub-Saharan Africa

On the sidelines of the ongoing 27th United Nations Climate Change Conference (COP 27) in Sharm el Sheikh, the International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB), organized a joint session with United Nations Industrial Development Organization (UNIDO) Egypt titled ‘Egyptian and…

International Islamic Trade Finance Corporation (ITFC)

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    • The International Islamic Trade Finance Corporation Maintains Moody’s Flagship A1 Rating with Stable Outlook
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation Maintains Moody’s Flagship A1 Rating with Stable Outlook

ITFC's transition to a more leveraged balance sheet was accompanied by enhancements to its liquidity risk-management policy in November 2018

Moody's Investors Service issued its Credit Opinion on the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank Group (IsDB), and reaffirmed the rating of A1 with stable outlook. The rating is supported by ITFC's ‘Very large capital buffers’, ‘Robust liquidity, reflecting the self-liquidating nature…

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

The International Islamic Trade Finance Corporation (ITFC) signs its largest Syndicated Murabaha Trade Financing Agreement with State Trading Organization plc (STO), Maldives and MoU with Maldives Industrial Fisheries Company Ltd. (MIFCO)

US$ 189 million Trade Financing to Support Procurement of Petroleum Products, Food, and Medical Supplies and Signing of MoU to Support Trade Related Technical Assistance in the Fishing Industry

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB), signed two landmark agreements to support the essential commodities sector in the Republic of Maldives witnessed by H.E. Ibrahim Ameer, Minister of Finance and IsDB Governor, Maldives, during an official visit of Eng.…

International Islamic Trade Finance Corporation (ITFC)

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    • Figure of support for the SCOPI-ITFC collaboration program in the MUG Program by the Provincial Government, Regency Government, Private, and local stakeholders. (Ist)
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Source: International Islamic Trade Finance Corporation (ITFC) |

Master Trainer (MT) National Meeting on Sustainable Coffee Practices Organized by The International Islamic Trade Finance Corporation in Collaboration with The Sustainable Coffee Platform of Indonesia (SCOPI)

The Workshop enabled the Training of Extension Officers in Sustainable Coffee Practices in Indonesia

The Sustainable Coffee Platform of Indonesia (SCOPI), in collaboration with The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), has held a Master Trainer (MT) National Meeting. This hybrid activity is the completion of Training of Trainers events held on 4-5 September 2022. The extension officer for sustainable coffee or called…

International Islamic Trade Finance Corporation (ITFC)

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    • Training Workshop on Digital Trade Organized by The International Islamic Trade Finance Corporation, the Ministry of Trade of the Republic of Cameroon, and the Commonwealth Secretariat
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Source: International Islamic Trade Finance Corporation (ITFC) |

Training Workshop on Digital Trade Organized by The International Islamic Trade Finance Corporation, the Ministry of Trade of the Republic of Cameroon, and the Commonwealth Secretariat

Capacity Building Workshop Supported Women-owned MSMEs in Cameroon to Increase Digital Trade and e-Commerce/Online Sales

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, in collaboration with the Ministry of Trade of the Republic of Cameroon and the Commonwealth Secretariat, organized a digital boot camp to build the capacity of women-owned MSMEs in the areas of digital…

International Islamic Trade Finance Corporation (ITFC)

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    • The International Islamic Trade Finance Corporation Unveils the Annual Development Effectiveness Report (ADER) Titled ‘Towards a Resilient Trade’
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation Unveils the Annual Development Effectiveness Report (ADER) Titled ‘Towards a Resilient Trade’

ITFC’s role is to ensure that the Corporation’s resources are deployed where they have the greatest catalytic role in attracting private capital and addressing market gaps

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB), has officially unveiled the Corporation’s Annual Development Effectiveness Report (ADER), titled ‘Towards a Resilient Trade’.  The main themes showcased in the ADER report include the following: Sustaining critical supply chains in member countries,…

International Islamic Trade Finance Corporation (ITFC)

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    • Eng. Hani Sonbol & Dr. Seglaro Some (Minister of Economy & Finance Burkina Faso)
    • Eng. Hani Sonbol & Acting Alternat IsDB Governor for Uzbekistan
    • Eng. Hani Sonbol & Mr. Isselmou O. Mohamed M'Bady (Minister of Finance - Mauritania)
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Announces its Financing Agreements Totalling US$7 Billion at the End of the 47th Annual Meetings of the Islamic Development Bank Group in Egypt

The last day of the annual meetings saw the signing of the last 3 strategic agreements for cooperation with the Member Countries

The recently held Annual Meetings of the Islamic Development Bank (IsDB) Group witnessed 12 agreements signed by the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) with total financing of US$7 billion. Four agreements were concluded in favour of the Arab Republic of Egypt and seven agreements with member countries in…

International Islamic Trade Finance Corporation (ITFC)

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    • H.E. Oussama Kaissi, CEO of ICIEC, Eng. Hani Salem Sonbol, CEO of ITFC, Dr. Mustafa Madbouli, Prime Minister of Egypt, Her Excellency Dr. Hala Al-Saeed, Minister of Planning and Economic Development, His Excellency, Dr. Mohamed Al-Jasser, President of IsDB Group, Prof. Benedict Oramah, President of Afreximbank, and Her Excellency Nevin Jama, Minister of Trade & Industry
    • H.E. Oussama Kaissi, CEO of ICIEC, Eng. Hani Salem Sonbol, CEO of ITFC, Dr. Mustafa Madbouli, Prime Minister of Egypt, His Excellency, Dr. Mohamed Al-Jasser, President of IsDB Group, Her Excellency Nevin Jama, Minister of Trade & Industry, Her Excellency Dr. Hala Al-Saeed, Minister of Planning and Economic Development, H.E. Dr. Rania Al-Mashat, Minister of International Cooperation
    • Eng. Hani Salem Sonbol, CEO of ITFC, Her Excellency Dr. Hala Al-Saeed, Minister of Planning and Economic Development, Dr. Mustafa Madbouli, Prime Minister of Egypt, His Excellency, Dr. Mohamed Al-Jasser, President of IsDB Group
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation Signs Eight Landmark Agreements for Cooperation with the Public and Private Sectors during the 47th IsDB Group Annual Meeting in Egypt

Agreements were signed in the Presence of ’s Prime Minister Dr. Mustafa Madbouly and a Group of Egyptian Ministers and Leading Private Sector Executives

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB), today signed eight strategic agreements to cooperate with the public and private sectors.  Four agreements were signed with various Egyptian Ministries as well as four agreements with Cameroon, Senegal, and Uzbekistan, and the…