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…

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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…

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    • The Arab-Africa Trade Bridges Program Provides Progress Update on Driving Economic Integration Between the Regions
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Source: International Islamic Trade Finance Corporation (ITFC) |

The Arab-Africa Trade Bridges Program Provides Progress Update on Driving Economic Integration Between the Regions

Egypt and Tunisia Country Programs Actions Accelerated and Pharmaceutical Harmonization Initiative Created Momentum in Synchronizing Standards

A year-to-date (YTD) progress report on the Program's primary activities and strategic initiatives was released today by the Arab-Africa Trade Bridges Program (AATB Program), a multi-donor, multi-country, and multi-organizations program that aims to promote and increase trade and investment flows between African and Arab OIC Member Countries. With the mandate…

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.…

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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…

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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,…

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    • Commonwealth Signs MoU with the International Islamic Trade Finance Corporation
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Source: International Islamic Trade Finance Corporation (ITFC) |

Commonwealth Signs MoU with the International Islamic Trade Finance Corporation

The virtual signing ceremony was held during a high-level bilateral meeting between the Commonwealth Secretary-General, the Rt Hon Patricia Scotland QC and ITFC CEO, Eng Hani Salem Sonbol

The Commonwealth Secretariat (www.TheCommonwealth.org) and the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) have signed a Memorandum of Understanding (MoU)  to collaborate on key areas of development. Key areas of focus in the MoU include women’s economic empowerment, digital trade and e-commerce, private sector and small and medium enterprises development, climate…

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    • International Islamic Trade Finance Corporation (ITFC) Wins Trade Finance Global International ‘Best Islamic Financier of the Year’ Award 2022
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Wins Trade Finance Global International ‘Best Islamic Financier of the Year’ Award 2022

Award Celebrates ITFC’s Outstanding Commitment to Equitable Financing

Trade Finance Global (TFG), the leading trade finance platform, has selected the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank Group, as the ‘Best Islamic Financier of the Year’ 2022. The awards ceremony held in collaboration with the Bankers Association for Finance and Trade…

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    • The International Islamic Trade Finance Corporation, Saudi EXIM Bank and General Authority for Small and Medium Enterprises “Monshaat” Sign Memorandum of Understanding for Saudi SME Development Program
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation, Saudi EXIM Bank and General Authority for Small and Medium Enterprises “Monshaat” Sign Memorandum of Understanding for Saudi SME Development Program

The SME program will be designed to increase non-oil exports through trade finance facilities and capacity-building initiatives for enterprises participating in the Program

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), member of the Islamic Development Bank (IsDB) Group, the Saudi Export and Import Bank (Saudi EXIM Bank), and the General Authority for Small and Medium Enterprises (Monshaat) announced the signing of a Tripartite Memorandum of Understanding (MoU) to launch the KSA SME…

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    • Minister of Finance and Banking Sector, Comoros, H.E. Kamalidini Souef & CEO of ITFC, Eng. Hani Salem Sonbol
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Source: International Islamic Trade Finance Corporation (ITFC) |

ITFC Provides €35 Million in Financing to Support Energy and Food Security in Comoros

Funding to Support the Import of Petroleum products, LPG and Food Commodities

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), approved two new financing facilities for EUR 35 million in favor of the Union of Comoros, with EUR 25 million dedicated to support the import of energy commodities such as petroleum products and LPG, while EUR 10 million will be allocated to…