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    • Prof. Benedict Oramah, President of Afreximbank and Eng. Hani Salem Sonbol ITFC CEO (1)
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Source: International Islamic Trade Finance Corporation (ITFC) |

Afreximbank and the International Islamic Trade Finance Corporation (ITFC) ratify US$250 million finance facility to Support Africa

The ITFC facility will help advance Afreximbank’s COVID-19 response programme for countries in which both organisations operate

African Export-Import Bank (Afreximbank) and the International Islamic Trade Finance Corporation (ITFC) (ITFC-idb.org), signed a US$250 million facility to provide funds for the Bank to advance procurement of COVID-19 vaccines and drive a trade-based economic recovery. The agreement was signed between Prof. Benedict Oramah, President of Afreximbank and Eng. Hani Salem…

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    • As part of launching the second phase of the Aid for Trade Initiative for Arab States (AfTIAS 2.0) Program: US$15.5 million to support economic integration and job creation in Arab countries
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As part of launching the second phase of the Aid for Trade Initiative for Arab States (AfTIAS 2.0) Program: US$15.5 million to support economic integration and job creation in Arab countries

The main objective of AfTIAS 2.0, whose implementation will span over five years, is to improve international trade environment in the Arab region and make it more efficient and inclusive

The International Islamic Trade Finance Corporation (ITFC) (ITFC-idb.org) launched today the second phase of the Aid for Trade Initiative for Arab States (AfTIAS 2.0) Program at the headquarters of the Islamic Development Bank (IsDB) Group in Jeddah, Kingdom of Saudi Arabia. The main objective of AfTIAS 2.0, whose implementation will span…

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    • Eng. Hani Salem Sonbol, ITFC CEO announced as Islamic Trade Finance CEO of the Year Saudi Arabia 2021 and Islamic Trade Finance CEO of the Year Middle East at the 2021 Global Banking & Finance Awards®
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Source: International Islamic Trade Finance Corporation (ITFC) |

Eng. Hani Salem Sonbol, ITFC CEO announced as Islamic Trade Finance CEO of the Year Saudi Arabia 2021 and Islamic Trade Finance CEO of the Year Middle East at the 2021 Global Banking & Finance Awards®

The awards recognize the strategic and leading role played by the CEO of ITFC in the ever evolving Saudi and Middle East banking and finance sectors amid the Covid-19 pandemic

The Global Banking & Finance Review has announced ITFC (https://ITFC-idb.org)’s CEO, Eng. Hani Salem Sonbol as the winner of the Islamic Trade Finance CEO of the Year Saudi Arabia and Islamic Trade Finance CEO of the Year Middle East categories at the 2021 edition of the Global Banking & Finance…

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    • International Islamic Trade Finance Corporation signs ten high-level trade agreements representing more than US$1.2bn
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International Islamic Trade Finance Corporation signs ten high-level Trade Agreements representing more than US$1.2bn

Major Framework Agreements and Trade Solution Initiatives signed during the 46th IsDB Annual Meeting in Tashkent, Uzbekistan

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), member of the Islamic Development Bank (IsDB) Group, has signed ten major Trade Financing Agreements worth more than US$1.2 Billion, and Trade Development Agreements with its member countries from Asia and Africa, at the 46th IsDB Annual Meeting of the IsDB Group…

International Islamic Trade Finance Corporation (ITFC)
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International Islamic Trade Finance Corporation (ITFC) and FCI to host Online Conference on Islamic International Factoring

This webinar will focus on factors that will drive socio-economic growth and stability with Islamic finance to support businesses which is integral to global supply chains

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), member of the Islamic Development Bank Group (IsDB) is partnering with FCI to host an online conference on Islamic International Factoring. To be held on the 13th September from 11:00 AM to 01:30 PM KSA Time, the event will explore key topics…

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    • ITFC Brings Together Partners from CIS Region for Successful Partnerships at 2021 IsDB Group AMs in Tashkent
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ITFC Brings Together Partners from CIS Region for Successful Partnerships at 2021 IsDB Group AMs in Tashkent

During the ceremony, ITFC also recognized the efforts of its partners in addition to signing agreements including a financing facility of US$ 15 million

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) organized its first event to bring together partner institutions from the Commonwealth of Independent States (CIS) Region on the sidelines of the 2021 Islamic Development Bank (IsDB) Group Annual Meetings held in the city of Tashkent in Uzbekistan. The event was inaugurated…

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    • International Islamic Trade Finance Corporation Releases 2020 Annual Development Effectiveness Report ‘Embracing disruption to build back better’
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation Releases 2020 Annual Development Effectiveness Report ‘Embracing disruption to build back better’

Report Highlights Impact of US$ 4.7 Billion Trade Financing for OIC Member Countries During COVID-19 Pandemic

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), member of the Islamic Development Bank (IsDB) Group, released today the fifth edition of its Annual Development Effectiveness Report titled ‘Embracing disruption to build back better’, addressing the overwhelming disruptive impact the COVID-19 pandemic has had on the world. The report highlights…

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    • H.E. Eng. Saad Abdulaziz AlKhalb, CEO of the Saudi EXIM Bank, and H.E. Eng. Hani Salem Sonbol, CEO of ITFC
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Source: International Islamic Trade Finance Corporation (ITFC) |

New Saudi EXIM Bank-International Islamic Trade Finance Corporation (ITFC) Framework Agreement to Boost Private Sector and Non-Oil Exports

The agreement aims to strengthen the Saudi EXIM Bank’s leading role in stimulating the private sector, as well as supporting and developing companies engaged in exports in Saudi Arabia

The Saudi Export-Import Bank signed a new framework agreement with the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) to provide financing, insurance and guarantee services to the Bank’s clients. The agreement aims to strengthen the Saudi EXIM Bank’s leading role in stimulating the private sector, as well as supporting and…

Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) partners with International Trade Center (ITC) to launch the ‘Women in Global Trade: SheTrades’ Initiative in Egypt

Under the Aid for Trade Initiative for Arab States (AfTIAS) Framework, the Initiative will Boost Women Entrepreneurs’ Export Capacity

In its newest chapter in Egypt, the International Islamic Trade Finance Corporation (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, launched the “SheTrades” initiative in Egypt, which is implemented by the International Trade Center (ITC) within the framework of the Aid for Trade Initiative for Arab States (AfTIAS)…

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    • Under the Umbrella of the Arab Africa Trade Bridges Program: International Islamic Trade Finance Corporation (ITFC) and Export Development Authority Launch First Training Program for Exporters ‘Entering African Markets’ in Cairo (1)
    • Under the Umbrella of the Arab Africa Trade Bridges Program: International Islamic Trade Finance Corporation (ITFC) and Export Development Authority Launch First Training Program for Exporters ‘Entering African Markets’ in Cairo (2)
    • Under the Umbrella of the Arab Africa Trade Bridges Program: International Islamic Trade Finance Corporation (ITFC) and Export Development Authority Launch First Training Program for Exporters ‘Entering African Markets’ in Cairo (3)
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Source: International Islamic Trade Finance Corporation (ITFC) |

Under the Umbrella of the Arab Africa Trade Bridges Program: International Islamic Trade Finance Corporation (ITFC) and Export Development Authority launch First Training Program for Exporters ‘Entering African Markets’ in Cairo

The program takes place over five days with the participation of representatives of 50 Egyptian companies

Marking a key milestone for Africa’s continental trade system and export-led growth, under the umbrella of Arab Africa Trade Bridges (AATB) Program, the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), in cooperation with the Egyptian Export Development Authority, and under the patronage of Her Excellency Nevin Gamea, Minister of Trade…