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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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    • New Report by KPMG, First Abu Dhabi Bank (FAB) and International Islamic Trade Finance Corporation (ITFC) Identifies Transformational Role Financial Institutions Play in Accelerating Gulf Cooperation Council’s (GCC) Food Security and Climate Goals Globally
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Source: International Islamic Trade Finance Corporation (ITFC) |

New Report by KPMG, First Abu Dhabi Bank (FAB) and International Islamic Trade Finance Corporation (ITFC) Identifies Transformational Role Financial Institutions Play in Accelerating Gulf Cooperation Council’s (GCC) Food Security and Climate Goals Globally

It also highlights supporting technologies that are preserving food system integrity and proposes actionable recommendations for financial institutions to actively contribute to a sustainable future

With the global population set to reach 9.8 billion by 2050, communities and ecosystems are facing enormous resource challenges. A recent report by KPMG Lower Gulf (https://KPMG.com/), First Abu Dhabi Bank (FAB) (https://www.BankFAB.com/), and the International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-idb.org/), titled Harvesting Resilience, Leveraging Finance for Food Security…

International Islamic Trade Finance Corporation (ITFC)

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    • The Arab Africa Trade Bridges Program (AATB) Fosters Trade Development in Africa with the Signing of Two Key Agreements at Intra Africa Trade Fair (IATF) 2023
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Source: International Islamic Trade Finance Corporation (ITFC) |

The Arab Africa Trade Bridges Program (AATB) Fosters Trade Development in Africa with the Signing of Two Key Agreements at Intra Africa Trade Fair (IATF) 2023

Agreements aim to accelerate Economic Growth and Establish a Platform for the Exchange of Knowledge and Capacity-building in Africa

The Arab Africa Trade Bridges Program, a multi-donor, inter-regional program, has signed two agreements aimed at fostering sustainable growth and development on the sidelines of the Intra Africa Trade Fair 2023 in Cairo, Egypt. Eng. Hani Salem Sonbol, the CEO of ITFC, Acting CEO of ICD, and Secretary General of…

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) Signs Twelve Agreements Totaling over US$750 Million with OIC Member Countries and Regional Partners
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Signs Twelve Agreements Totaling over US$750 Million with OIC Member Countries and Regional Partners

Agreements Signed on the Third 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 twelve major agreements with Algeria, Cameroon, Tajikistan, the Republic of Togo, and Uzbekistan.  ITFC also signed agreements with regional partners; Afreximbank and ECOWAS Bank for Investment and Development (EBID) to support…

International Islamic Trade Finance Corporation (ITFC)

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    • Joint African Continental Free Trade Area Implementation Support Project Announces Progress Update
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Source: International Islamic Trade Finance Corporation (ITFC) |

Joint African Continental Free Trade Area Implementation Support Project Announces Progress Update

Project Activities Strengthened Agreement Implementation in Burkina Faso, Guinea, Niger, Senegal, and Togo

The African Continental Free Trade Area Implementation Support Project, a joint project established and funded by the United Nations Economic Commission for Africa (ECA), the Enhanced Integrated Framework (EIF), Islamic Development Bank (IsDB), the International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org) and the Trade Development Fund (TDFD), today announced a number of…

International Islamic Trade Finance Corporation (ITFC)

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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…

International Islamic Trade Finance Corporation (ITFC)

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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)

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    • Eng. Hani Salem Sonbol on Wednesday 26 October in Riyadh, Saudi Arabia
    • PIF (Public Investment Fund) Announced International Islamic Trade Finance Corporation (ITFC) as a Successful Bidder at the Voluntary Carbon Market Initiative Auction during the Future Investment Initiative Conference in Riyadh
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Source: International Islamic Trade Finance Corporation (ITFC) |

PIF (Public Investment Fund) Announced International Islamic Trade Finance Corporation (ITFC) as a Successful Bidder at the Voluntary Carbon Market Initiative Auction during the Future Investment Initiative Conference in Riyadh

The Public Investment Fund (“PIF” or the “Fund”) announced the auction resulted in 1.4 million tons of carbon credits, in the largest-ever carbon credit sale, according to their resources

The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, today was announced as a successful bidder at the Voluntary Carbon Market Initiative Auction on the First day of the 6th Edition of the Future Investment Initiative (“FII”) in Riyadh. The Public Investment…

International Islamic Trade Finance Corporation (ITFC)

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    • The International Islamic Trade Finance Corporation Maintains Moody’s Flagship A1 Rating with Stable Outlook
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation Maintains Moody’s Flagship A1 Rating with Stable Outlook

ITFC's transition to a more leveraged balance sheet was accompanied by enhancements to its liquidity risk-management policy in November 2018

Moody's Investors Service issued its Credit Opinion on the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank Group (IsDB), and reaffirmed the rating of A1 with stable outlook. The rating is supported by ITFC's ‘Very large capital buffers’, ‘Robust liquidity, reflecting the self-liquidating nature…