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

International Islamic Trade Finance Corporation Signs US$15 million Murabaha Financing Facility to support SMEs in Bangladesh

ITFC partnership will enable one of Bangladesh’s key financial institutions to reach out and provide financial support to SMEs

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), member of the Islamic Development Bank (IsDB) Group, has approved a US$15 million Murabaha Financing Facility in favour of City Bank Limited in Bangladesh to support the Bank’s private sector businesses, particularly SMEs importing raw materials from the international markets. City Bank…

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

International Islamic Trade Finance Corporation extends US$100m COVID-19 Emergency Financing for purchasing wheat and sugar in favor of Egypt

ITFC intervention to help finance essential strategic food commodities in light of the impact of COVID-19

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), has signed a US$100 million financing agreement with the General Authority for Supply Commodities (GASC) to cover the Egyptian Government’s essential strategic commodity needs during the outbreak of the new coronavirus (COVID-19). The Approval of the financing, which forms part of the…

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…

International Islamic Trade Finance Corporation (ITFC)
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    • (L-R) Eng. Hani Salem Sonbol, CEO ITFC - Dr. Sahar Nasr, Minister of Investment and International Trade - Eng. Tarek El Molla, Minister of Petroleum & Mineral Resources - Eng. Abed Ezz El Regal, Chief Executive Officer EGPC
    • (L-R) (L-R) Eng. Hani Salem Sonbol, CEO ITFC - Dr. Sahar Nasr, Minister of Investment and International Trade - Dr. Aly Meselhy Minister of Supply and Internal Trade - Mr. Ahmed Yousef, Deputy Chairman of the Commodity Supply Authority
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Source: International Islamic Trade Finance Corporation (ITFC) |

ITFC to Implement U.S. $3 Billion Framework Agreements through two new Financing Agreements to Support Egypt’s Main Sectors

ITFC has signed five framework agreements with the Government of Egypt represented by the Ministry of Investment & International Cooperation totaling U.S. $ 9.2 billion

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org) announced the signing of two new Agreements between ITFC & the Government of the Arab Republic of Egypt represented by the Egyptian General Petroleum Corporation (EGPC) and the General Authority for Supply Commodities (GASC) initiating the utilization of the 5th Framework agreement.…

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

League of Arab States and International Islamic Trade Finance Corporation announce cooperation towards intra-Arab trade

The Memorandum of Understanding (MoU) outlines clear objectives aimed at enhancing trade capacities and improving structures and mechanisms of trade cooperation among Arab countries

The League of Arab States (Economic Affairs Sector) and the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank Group, have signed a Memorandum of Understanding (MoU) towards accelerating cooperation in the development of intra-Arab trade. Signed during the Ministerial meeting of the Economic and…

International Islamic Trade Finance Corporation (ITFC)
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    • The International Islamic Trade Finance Corporation (ITFC) Organizes its First Capacity Building Program to Support the Private Sector in Al Madinah Al Munawara
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) Organizes its First Capacity Building Program to Support the Private Sector in Al Madinah Al Munawara

Under the title: International Trade and Export Strategies

On Sunday, October 1st, 2017, and for a period of 5 days, the first series of training courses was launched in Al Madinah Al Munawara, organized by the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank Group, in favor of Madina Chamber of Commerce…

International Islamic Trade Finance Corporation (ITFC)
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    • The Islamic Development Bank (IsDB) Group Promoting Connectivity for Sustainable Development, on the sidelines of WTO’s Aid for Trade Global Review 2017 in Geneva (1)
    • The Islamic Development Bank (IsDB) Group Promoting Connectivity for Sustainable Development, on the sidelines of WTO’s Aid for Trade Global Review 2017 in Geneva (2)
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Source: International Islamic Trade Finance Corporation (ITFC) |

The Islamic Development Bank (IsDB) Group Promoting Connectivity for Sustainable Development, on the sidelines of WTO’s Aid for Trade Global Review 2017 in Geneva

The event was chaired by Eng. Hani Salem Sonbol, CEO of the International Islamic Trade Finance Corporation (ITFC), on behalf of the Chairman IsDB Group, in addition to the special presence of Mrs. Aja Fatoumatta Jallow Tambajang, Vice President, The Gambia, who had delivered the keynote speech

The Islamic Development Bank (IsDB) Group organized an event on “Promoting Connectivity for Sustainable Development”, on the sidelines of WTO’s Aid for Trade Global Review 2017 in Geneva. The event was chaired by Eng. Hani Salem Sonbol, CEO of the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), on behalf of…

International Islamic Trade Finance Corporation (ITFC)
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    • MoU between the Islamic Development Bank Group and the Chamber of Commerce and Industry in Medina to Support the Dates Sector (1)
    • MoU between the Islamic Development Bank Group and the Chamber of Commerce and Industry in Medina to Support the Dates Sector (2)
    • MoU between the Islamic Development Bank Group and the Chamber of Commerce and Industry in Medina to Support the Dates Sector (3)
    • MoU between the Islamic Development Bank Group and the Chamber of Commerce and Industry in Medina to Support the Dates Sector (4)
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Source: International Islamic Trade Finance Corporation (ITFC) |

MoU between the Islamic Development Bank Group and the Chamber of Commerce and Industry in Medina to Support the Dates Sector

Under the Patronage of H.R.H. Prince Saud Bin Khalid Al-Faisal, Deputy Governor of Medina Region

Under the Patronage of H.R.H. Prince Saud Bin Khalid Al-Faisal, Deputy Governor of Medina Region, the Chairman of the Islamic Development Bank (IsDB) Group, H.E Dr. Bandar bin Mohammed Hamza Hajjar and the Chairman of the Chamber of Commerce and Industry of Madinah H.E Mr. Munir Mohammed Nasser bin Saad…