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International Islamic Trade Finance Corporation (ITFC)
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…

International Islamic Trade Finance Corporation (ITFC)

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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…

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) |

International Islamic Trade Finance Corporation recognized as Best Islamic Financier at the International Trade Finance Global (TFG) Trade Awards 2020

The winners were selected by an independent steering committee of industry experts from around the world

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has been named ‘Best Islamic Financier’ by the trade finance platform, Trade Finance Global (www.TradeFinanceGlobal.com), in cooperation with BAFT (www.BAFT.org). The international work carried out by banks, financial institutions and technology vendors to…

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

The International Islamic Trade Finance Corporation (ITFC) and OCP Africa unite for the strategic financing, innovation, and capacity building of agriculture in Africa

ITFC and OCP Africa will jointly introduce a new “OCP School lab” campaign in Senegal in November 2019

The International Islamic Trade Finance Corporation, (ITFC, International Islamic Trade Finance Corporation) (ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, and OCP Africa ) (OCPAfrica.com), a subsidiary of OCP SA, have signed a Memorandum of Understanding (MoU) that will cater towards strategic funding, innovation and capacity building measures…