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International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) and Asakabank Ink US$ 20 Million Trade Finance Deal to Strengthen Uzbekistan’s Private Sector
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) and Asakabank Ink US$ 20 Million Trade Finance Deal to Strengthen Uzbekistan’s Private Sector

This agreement underscores ITFC’s dedication to expanding trade finance accessibility for SMEs fueling Uzbekistan’s economic progress

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), the trade finance arm of the Islamic Development Bank (IsDB) Group, has signed a US$ 20 million Line of Trade Finance Agreement with Asakabank to bolster trade finance solutions for SMEs and private sector clients in Uzbekistan.   Structured under Murabaha, this facility…

International Islamic Trade Finance Corporation (ITFC)

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    • Adeeb Y. Al Aama, Chief Executive Officer (CEO), ITFC (1)
    • Adeeb Y. Al Aama, Chief Executive Officer (CEO), ITFC (2) (FR)
    • Adeeb Y. Al Aama, Chief Executive Officer (CEO), ITFC (3) (AR)
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Source: International Islamic Trade Finance Corporation (ITFC) |

Adeeb Y. Al Aama Appointed as Chief Executive Officer of the International Islamic Trade Finance Corporation

Appointment Marks a New Chapter for ITFC’s Mission to Drive Sustainable Trade and Development Across OIC Member Countries

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), the trade finance arm of the Islamic Development Bank (IsDB) Group, is pleased to announce the appointment of Engineer Adeeb Y. Al Aama as Chief Executive Officer (CEO) ITFC, effective April 20, 2025.    The appointment was approved by the ITFC Board…

International Islamic Trade Finance Corporation (ITFC)

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    • The International Islamic Trade Finance Corporation (ITFC) Signs US$ 20 Million Line of Financing Agreement with Trustbank in Uzbekistan
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) Signs US$ 20 Million Line of Financing Agreement with Trustbank in Uzbekistan

This agreement reinforces ITFC’s commitment to supporting economic development in Uzbekistan by enhancing trade finance accessibility for SMEs and key private sector entities

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org/), a member of the Islamic Development Bank (IsDB) Group, signed a US$20 million Line of Trade Financing Agreement with Trustbank in Uzbekistan under the Murabaha structure. This agreement aims to bolster trade finance accessibility for SMEs, women entrepreneurs, green financing initiatives, and…

International Islamic Trade Finance Corporation (ITFC)

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    • The International Islamic Trade Finance Corporation (ITFC) Signs EUR 40 Million Trade Finance Agreement to Strengthen Comoros’ Energy Security
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) Signs EUR 40 Million Trade Finance Agreement to Strengthen Comoros’ Energy Security

The agreement underscores ITFC’s commitment to ensuring a reliable energy supply and fostering economic stability in Comoros

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), the trade finance arm of the Islamic Development Bank (IsDB) Group, signed a EUR 40 million trade finance agreement with the Union of Comoros to support the country’s energy sector. In line with the US$330 million three-year Framework Agreement signed in September…

International Islamic Trade Finance Corporation (ITFC)

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    • The International Islamic Trade Finance Corporation (ITFC) recognized by Islamic Finance News (IFN) for Outstanding Trade Finance Deals in Egypt and Tajikistan
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) recognized by Islamic Finance News (IFN) for Outstanding Trade Finance Deals in Egypt and Tajikistan

ITFC Strengthens Energy and Food Security in Egypt and Tajikistan

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), the trade finance arm of the Islamic Development Bank (IsDB) Group, announced that two of its trade finance deals have been honored in the prestigious Islamic Finance News (IFN) Deal of the Year Awards for 2024. In Egypt, the ITFC record-breaking US$604 million…

International Islamic Trade Finance Corporation (ITFC)

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    • The International Islamic Trade Finance Corporation (ITFC) and Mutual Trust Bank Sign Murabaha Agreement to Boost Trade Finance for SMEs and the Private Sector in Bangladesh
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) and Mutual Trust Bank Sign Murabaha Agreement to Boost Trade Finance for Small and Medium Enterprises (SMEs) and the Private Sector in Bangladesh

The Master Murabaha Agreement reflects the shared vision of ITFC and Mutual Trust Bank to drive economic growth by supporting SMEs and the private sector

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, and Mutual Trust Bank PLC (MTB) signed a Master Murabaha Agreement to strengthen trade finance support for Small and Medium Enterprises (SMEs) and the private sector in Bangladesh.  The agreement will enable ITFC…

International Islamic Trade Finance Corporation (ITFC)

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    • The International Islamic Trade Finance Corporation (ITFC) Maintains Leadership in Global Ranking of Islamic Syndications for 4 Consecutive Years
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) Maintains Leadership in Global Ranking of Islamic Syndications for 4 Consecutive Years

These rankings are a testament to the ITFC ability to consistently deliver value-driven results and maintain a strong position among leading international and regional financial institutions

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB), has reinforced its position as a key player in the Islamic syndications market, achieving prominent rankings in the 2024 Bloomberg and Refinitiv League tables. For the fourth consecutive year, the ITFC top-tier performance reflects…

International Islamic Trade Finance Corporation (ITFC)

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    • Saudi EXIM Bank and The International Islamic Trade Finance Corporation Sign an Implementation Agreement for $5 Million Line of Financing in Favor of Alizz Islamic Bank in Oman
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Source: International Islamic Trade Finance Corporation (ITFC) |

Saudi Export-Import Bank (Saudi EXIM) and The International Islamic Trade Finance Corporation Sign an Implementation Agreement for $5 Million Line of Financing in Favor of Alizz Islamic Bank in Oman

The agreement aims to enhance the access of Saudi non-oil exports to Omani markets, promote export opportunities for the SMEs sector in the Kingdom, and attract Omani importers

Saudi Export-Import Bank (Saudi EXIM) and The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org) have signed an Implementation Agreement for $5 million line of financing in favor of Alizz Islamic Bank in the Sultanate of Oman, under the “KSA SMEs Export Empowerment Program”. The agreement aims to enhance the access…

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

Nazeem Noordali Appointed as Officer-in-Charge, Chief Executive Officer of the International Islamic Trade Finance Corporation

This appointment followed the completion of the full tenure as Chief Executive Officer (CEO) by Eng. Hani Salem Sonbol on February 7, 2025

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), the trade finance entity of the Islamic Development Bank (IsDB) Group, announced the appointment of Mr. Nazeem Noordali as Officer-in-Charge, Chief Executive Officer (CEO) ITFC, effective from 8th February 2025. This appointment followed the completion of the full tenure as Chief Executive…

International Islamic Trade Finance Corporation (ITFC)

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    • The International Islamic Trade Finance Corporation (ITFC) Signs $1.5 Billion Annual Program with Egypt, Expanding Support for Energy, Food Security, Small and Medium Enterprises (SMEs), and Exporters
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) Signs $1.5 Billion Annual Program with Egypt, Expanding Support for Energy, Food Security, Small and Medium Enterprises (SMEs), and Exporters

The initiative is designed to boost Egypt's economic development, support exporters, and create job opportunities for youth and women

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, today announced the signing of its 2025 annual work program with the Arab Republic of Egypt, valued at $1.5 billion. This agreement is part of a five-year framework, totaling $6 billion, aimed at…