International Islamic Trade Finance Corporation (ITFC)
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    • Signing Ceremony- H.E. Eng Hani Salem Sonbol & H.E. Samir Saied, Minister of Economy & Planning
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Source: International Islamic Trade Finance Corporation (ITFC) |

Islamic International Trade Finance Corporation (ITFC) and the Republic of Tunisia Sign Three Trade Financing Agreements

USD 280 Million Trade Finance Agreements for the benefit of the Tunisian Electricity and Gas Company, the Tunisian Company for Refining Industries, and the Tunisian Chemical Complex

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, has signed three trade financing agreements totaling US$ 280 million in favor of the Republic of Tunisia to support energy security and revitalize the industrial sector, in addition to the agreement to support…

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    • International Islamic Trade Finance Corporation (ITFC) tops Islamic Financing League Table as leading Bookrunner and Mandated Lead Arranger
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) tops Islamic Financing League Table as leading Bookrunner and Mandated Lead Arranger

ITFC recorded financing transaction volume of over US$ 3.26 billion globally, Bookrunner and MLA

International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org) has emerged on top of the Refinitiv 2022 Islamic Financing League Tables as the Global leader both as Bookrunner and Mandated Lead Arranger (MLA). The 2022 Global Islamic Financing League Tables released by Refinitiv showed that ITFC is the top Bookrunner and MLA ahead…

International Islamic Trade Finance Corporation (ITFC)
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    • ITFC CEO, Eng. Hani Salem Sonbol & H.E. Oulimata Sarr, Minister of Economy, Planning, and Cooperation of the Republic of Senegal
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) Signs Euro 400 million 2023 Annual Plan with the Republic of Senegal and the Arab Africa Trade Bridges Country Program to Support the Key Sectors

Signed Agreements to Provide Trade Finance and Development Support for Continued Economic Recovery and to Offer New Support for the ‘Plan Sénégal Emergent’

The International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB), today signed a Euro 400 million 2023 Annual Plan with the Republic of Senegal, within the revised US$1.5 billion five-years Framework Agreement signed in 2021 to include new priority sectors. The Annual Plan…

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    • Arab Africa Trade Bridges (AATB) Program Hosts Series of Bilateral Trade Business to Business (B2B) Meetings in Casablanca, Morocco (1)
    • Arab Africa Trade Bridges (AATB) Program Hosts Series of Bilateral Trade Business to Business (B2B) Meetings in Casablanca, Morocco (2)
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Source: International Islamic Trade Finance Corporation (ITFC) |

Arab Africa Trade Bridges (AATB) Program Hosts Series of Bilateral Trade Business to Business (B2B) Meetings in Casablanca, Morocco

Meetings highlight AATB’s Commitment to Creating an Enabling Platform for Arab and African Businesses to Collaborate

30th January 2023 – The Arab-Africa Trade Bridges (AATB) Program, a multi-donor, multi-country, and multi-organizations program organized the 3rd Arab African Buyers/Sellers Meeting on Agri-food and Derivative Products in Morocco. The two-day event brought together leading agricultural and food industry professionals from across the Arab and African regions. Emphasizing the…

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    • The International Islamic Trade Finance Corporation under 2nd Phase of the Aid for Trade Initiative for the Arab States (AFTIAS 2.0) Launches STEP Training to Boost the Capacities of Egyptian Exporters
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation under 2nd Phase of the Aid for Trade Initiative for the Arab States (AFTIAS 2.0) Launches STEP Training to Boost the Capacities of Egyptian Exporters

Eng. Hani Salem Sonbol, CEO of ITFC: The training program aims to promote a thriving entrepreneurial ecosystem to diversify Egypt’s economy, enhance the role of the private sector and strengthen the integration of local SMEs into local and global supply chains

The International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), and the Foreign Trade Training Center, part of Egypt’s Ministry of Trade and Industry, launched the STEP 2 training for exporters to boost the capacities of Egyptian entrepreneurs and incorporate their products and…

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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…

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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…

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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…

International Islamic Trade Finance Corporation (ITFC)
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The International Islamic Trade Finance Corporation (ITFC) signs its largest Syndicated Murabaha Trade Financing Agreement with State Trading Organization plc (STO), Maldives and MoU with Maldives Industrial Fisheries Company Ltd. (MIFCO)

US$ 189 million Trade Financing to Support Procurement of Petroleum Products, Food, and Medical Supplies and Signing of MoU to Support Trade Related Technical Assistance in the Fishing Industry

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB), signed two landmark agreements to support the essential commodities sector in the Republic of Maldives witnessed by H.E. Ibrahim Ameer, Minister of Finance and IsDB Governor, Maldives, during an official visit of Eng.…

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    • Figure of support for the SCOPI-ITFC collaboration program in the MUG Program by the Provincial Government, Regency Government, Private, and local stakeholders. (Ist)
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Source: International Islamic Trade Finance Corporation (ITFC) |

Master Trainer (MT) National Meeting on Sustainable Coffee Practices Organized by The International Islamic Trade Finance Corporation in Collaboration with The Sustainable Coffee Platform of Indonesia (SCOPI)

The Workshop enabled the Training of Extension Officers in Sustainable Coffee Practices in Indonesia

The Sustainable Coffee Platform of Indonesia (SCOPI), in collaboration with The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), has held a Master Trainer (MT) National Meeting. This hybrid activity is the completion of Training of Trainers events held on 4-5 September 2022. The extension officer for sustainable coffee or called…