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International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation Signs US$ 1.2 billion Annual Plan for 2022 in favor of the Islamic Republic of Pakistan
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation Signs US$ 1.2 billion Annual Plan for 2022 in favor of the Islamic Republic of Pakistan

The Annual Plan will provide Integrated Trade Solutions to support Pakistan’s energy and agriculture sectors for sustained economic growth

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) signs the Annual Plan for 2022 in favor of the Government of Pakistan, to provide integrated trade solutions to support the energy and agriculture sectors. The US$ 1.2 billion agreement includes financing the import of essential commodities such as crude oil, refined…

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

Government of Pakistan and International Islamic Trade Finance Corporation (ITFC) signed New Framework Agreement amounting to US$ 4.5 billion

The Agreement will facilitate identification of other areas of cooperation at country and regional levels and to enhance and promote trade

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) signed a 3-Year Framework Agreement for a cumulative amount of US$4.5 billion with the Government of Pakistan in order to provide financing for the import of essential commodities such as crude oil, refined petroleum products, LNG and urea. Within the context of…

International Islamic Trade Finance Corporation (ITFC)

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    • Government of Pakistan and International Islamic Trade Finance Corporation signed Annual Financing Plan amounting to US$ 1.1 Billion (1)
    • Government of Pakistan and International Islamic Trade Finance Corporation signed Annual Financing Plan amounting to US$ 1.1 Billion (2)
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Source: International Islamic Trade Finance Corporation (ITFC) |

Government of Pakistan and International Islamic Trade Finance Corporation signed Annual Financing Plan amounting to US$ 1.1 Billion

The financing available through this facility will be utilized for import of crude oil, refined petroleum products and LNG during the year 2021

Makhdum Khusro Bakhtyar, Minister for Economic Affairs witnessed the signing ceremony of International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org) Annual Financing Plan 2021 for the Government of Pakistan, amounting to US$ 1.1 billion. The document was signed by Mr. Noor Ahmed, Secretary, Economic Affairs Division and Eng. Hani Salem Sonbol,…

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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    • ITFC CEO Eng. Hani Salem Sonbol alongside Prof Benedict Oramah, President Afreximbank, HE Muhammad Hammad Azhar, Minister for Economic Affairs, Government of Pakistan and H.E. Dr. Bandar Hajjar, President, Islamic Development Bank Group at the ITFC Partners Forum in Jeddah, KSA
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Partners Forum Highlights Immense Strength of Islamic Finance Globally

ITFC was joined by a host of local, regional and international finance institutions alongside official delegates from Pakistan and other member countries

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank Group (IsDB), successfully concluded its Partners Forum 2019: Investing for Impact, which was held on the 5th December in Jeddah, Kingdom of Saudi Arabia. Hosted at the Ritz Carlton Hotel, under the auspices of H.E…