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

The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) and the Republic of Djibouti Sign US$90 Million Financing Agreement
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) and the Republic of Djibouti Sign US$90 Million Financing Agreement

This agreement reflects ITFC’s commitment to supporting Djibouti’s economic development by strengthening its energy sector

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic Development Bank (IsDB) Group, has signed a US$90 million syndicated facility in favor of the Republic of Djibouti, with the Société Internationale des Hydrocarbures de Djibouti (SIHD), as the executing agency.   The Agreement was signed between Mr. Nazeem…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) and Société Internationale des Hydrocarbures de Djibouti (SIHD) Strengthen Djibouti's Hydrocarbon Sector through Capacity-Building Training Workshops (FR)
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) and Société Internationale des Hydrocarbures de Djibouti (SIHD) Strengthen Djibouti's Hydrocarbon Sector through Capacity-Building Training Workshops

Two back-to-back capacity-building sessions—delivered under the International Islamic Trade Finance Corporation’s Integrated Trade Solutions—to equip energy professionals with cutting-edge skills in sales optimization, supply-chain planning, profitability analysis, and risk management

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), the trade finance arm of the Islamic Development Bank (IsDB) Group, in collaboration with its longstanding partner, the Société Internationale des Hydrocarbures de Djibouti (SIHD), has successfully conducted two back-to-back training workshops aimed at strengthening operational efficiency within Djibouti’s hydrocarbon sector. In…

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    • International Islamic Trade Finance Corporation (ITFC) signs a US$90 million Master Murabaha Agreement in Favor of the Republic of Djibouti
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) signs a US$90 million Master Murabaha Agreement in favor of the Republic of Djibouti

The agreement is part of ITFC’s commitment to contribute to the developmental strides of Djibouti’s economy through its energy industry

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, signed a US$90 Million Master Murabaha Agreement in favor of the Republic of Djibouti, with the International Hydrocarbons Company of Djibouti (SIHD) as the executing agency. The signing took place between HE. Ilyas…

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    • International Islamic Trade Finance Corporation (ITFC) Signs Four Agreements with a total amount of US$ 1.1 billion with Mali, The Gambia, and Djibouti
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Signs Four Agreements with a total amount of US$ 1.1 billion with Mali, The Gambia, and Djibouti

Agreements Signed on the Sidelines of the 2023 Islamic Development Bank Group (IsDB) Annual Meetings in Jeddah

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) , a member of the Islamic Development Bank Group (IsDB), has signed four major agreements with Mali, The Gambia, and Djibouti amounting to over US$1.1 Billion on the first day of the 2023 IsDB Group Annual Meetings held in Ritz Carlton Hotel,…

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

International Islamic Trade Finance Corporation releases 2019 Annual Development Effectiveness Report

Report highlights impact of US$ 5.8 Billion financing towards Advancing Trade in Organization of Islamic Cooperation (OIC) Member Countries

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic Development Bank (IsDB) Group, today released its 2019 Annual Development Effectiveness Report (ADER).  In 2019, ITFC approved US$5.8 billion trade financing, a 12% increase from the previous year, to advance trade in member countries. Of this, US$5 billion…

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

IsDB and ITFC, under the Reverse Linkage and Arab Africa Trade Bridges Program, Launch E-Learning and Knowledge Sharing Platform for COVID-19 Medical Preparedness and Response in African Countries

The initiative aims firstly to build the capacities of medical staff in African countries on their COVID-19 response protocols and approaches

As part of the crisis response actions to strengthen the capacities of member countries to withstand the socio-economic impact of the COVID-19 pandemic, the Islamic Development Bank (IsDB) and the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), in coordination with their partners, the Moroccan Society of Anesthesia, Analgesia and Resuscitation…

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

International Islamic Trade Finance Corporation (ITFC) Ranks 2nd Globally and as well in Europe, Middle East and Africa (EMEA) as Islamic Finance Bookrunner and Mandated Lead Arranger - Bloomberg Syndicated Loans League Tables 2019

The League Tables, showed that the ITFC provided financing worth in excess of US$2 billion as Bookrunner and Mandated Lead Arranger in 2019

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic Development Bank (IsDB) Group, ranked 2nd Globally and as well in Europe, Middle East and Africa’s (EMEA) Islamic Finance listings of the Bloomberg Syndicated Loans League Tables 2019 for the largest Bookrunner and Mandated Lead Arranger. The League…