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International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) Signs US$ 600 Million Annual Plan with the Islamic Republic of Pakistan (1)
    • International Islamic Trade Finance Corporation (ITFC) Signs US$ 600 Million Annual Plan with the Islamic Republic of Pakistan (2)
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Signs US$600 Million Annual Plan with the Islamic Republic of Pakistan

The collaboration aims to provide vital financial resources to facilitate the importation of essential commodities crucial for Pakistan's economic well-being

The International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group signed a US$600 million Annual Plan with the Government of Pakistan. The Plan reflects the longstanding cooperation between ITFC and the Islamic Republic of Pakistan and demonstrates the ITFC steadfast commitment to bolstering…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) Signs Multiple Agreements with Uzbekistan Totaling US$715 Million (1)
    • International Islamic Trade Finance Corporation (ITFC) Signs Multiple Agreements with Uzbekistan Totaling US$715 Million (2)
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Signs Multiple Agreements with Uzbekistan Totaling US$715 Million

Agreements signed focus on trade solutions offered for supporting agriculture and food security, and small and medium enterprises (SMEs) in addition to technical assistance

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed several agreements with Uzbekistan, amounting to US$ 715 million, on the sidelines of the Arab Coordination Group meeting, which was held from 4th to 5th March 2024 in Tashkent, Uzbekistan. ITFC…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) Extends US$ 15 million Financing Support to Private Sector in Uzbekistan
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Extends US$ 15 million Financing Support to Private Sector in Uzbekistan

The financing agreement with Aloqabank will contribute to efforts to strengthen the private sector and SMEs in the country

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, has signed a trade financing agreement with Aloqabank, Uzbekistan. The agreement is in line with ITFC’s commitment to support the private sector, especially SMEs in OIC member countries in general and in Uzbekistan…

International Islamic Trade Finance Corporation (ITFC)

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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…

International Islamic Trade Finance Corporation (ITFC)

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    • The International Islamic Trade Finance Corporation (ITFC) Extends US$ 40 million with Vakif Katilim Bank and Ziraat Katilim Bank and to Support the Private Sector in Türkiye
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) Extends US$ 40 million with Vakif Katilim Bank and Ziraat Katilim Bank and to Support the Private Sector in Türkiye

The collaboration aims to bolster the growth of the private sector and SMEs in Türkiye through the provision of Sharia-compliant Murabaha financing

The International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), member of the Islamic Development Bank (IsDB) Group, announce the signing of two significant Murabaha Financing Agreements with Vakif Katilim Bank and Ziraat Katilim Bank, valued at USD 20 million each. The agreements were formalized during the visit of Eng. Hani Salem…

International Islamic Trade Finance Corporation (ITFC)

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    • The Arab-Africa Trade Bridges Program Announces The Membership of the Federal Republic of Nigeria
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Source: International Islamic Trade Finance Corporation (ITFC) |

The Arab-Africa Trade Bridges Program Announces the Membership of the Federal Republic of Nigeria

Impactful Interventions to Strengthen Economic Ties Offer Compelling Incentives to Join the AATB Program

The General Secretariat of The Arab-Africa Trade Bridges (AATB) Program, a multi-donor, Inter-regional program, announces the Federal Republic of Nigeria’s official membership in the AATB Program. This pivotal development marks a significant step towards advancing trade and to strengthen economic ties among Arab and African countries.  An essential element of…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) Unveils 2022 Annual Development Effectiveness Report (ADER) Themed ‘Advancing Trade, Improving Lives’
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Unveils 2022 Annual Development Effectiveness Report (ADER) Themed ‘Advancing Trade, Improving Lives’

ITFC delivered on its mandate of advancing trade and improving lives by designing and implementing impact-driven and sector-focused programs

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 2022 Annual Development Effectiveness Report (ADER), themed ‘Advancing Trade, Improving Lives.’  This year’s report is fully digital and has been independently verified by means of an external assurance. Demonstrating…

International Islamic Trade Finance Corporation (ITFC)

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    • Agreements Signed on the Fourth Day of the 2023 Islamic Development Bank Group (IsDB) Annual Meetings in Jeddah
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) Signs Seven Agreements Totaling US$ 1.2 Billion With Burkina Faso, Cote d’Ivoire, Nigeria, and Partner Banks

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

The International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB), has signed seven major agreements with Azerbaijan, Burkina Faso, Cote d’Ivoire, Nigeria, and Uzbekistan on the last day of the 2023 Islamic Development Bank Group (IsDB) Annual Meetings in Jeddah. The agreements emphasize…

International Islamic Trade Finance Corporation (ITFC)

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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)

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    • The International Islamic Trade Finance Corporation under 2nd Phase of the Aid for Trade Initiative for the Arab States (AFTIAS 2.0) Launches STEP Training to Boost the Capacities of Egyptian Exporters
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation under 2nd Phase of the Aid for Trade Initiative for the Arab States (AFTIAS 2.0) Launches STEP Training to Boost the Capacities of Egyptian Exporters

Eng. Hani Salem Sonbol, CEO of ITFC: The training program aims to promote a thriving entrepreneurial ecosystem to diversify Egypt’s economy, enhance the role of the private sector and strengthen the integration of local SMEs into local and global supply chains

The International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), and the Foreign Trade Training Center, part of Egypt’s Ministry of Trade and Industry, launched the STEP 2 training for exporters to boost the capacities of Egyptian entrepreneurs and incorporate their products and…