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International Islamic Trade Finance Corporation (ITFC)

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    • Mr. Bakhtiyorjon Juraev, Chairman of the Management Board of Hamkorbank and Eng. Adeeb Y. Al Aama, CEO of ITFC (1)
    • Mr. Bakhtiyorjon Juraev, Chairman of the Management Board of Hamkorbank and Eng. Adeeb Y. Al Aama, CEO of ITFC (2)
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Expands Strategic Cooperation with Hamkorbank through an Additional US$30 Million Syndicated Line of Financing Facility

The financing is part of the US$600 million Framework Agreement signed between the Republic of Uzbekistan and ITFC in March 2024

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, and Joint-Stock Commercial Bank with Foreign Capital Hamkorbank, have reinforced their partnership through the signing of an increase in the Line of Trade Financing Agreement, with an additional US$30 million. The signing ceremony…

International Islamic Trade Finance Corporation (ITFC)

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    • The International Islamic Trade Finance Corporation (ITFC) Commences 2025 Islamic Development Bank (IsDB) Annual Meetings Focusing on Boosting Intra-Organisation of Islamic Cooperation (OIC) Trade in its Member Countries
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) Commences 2025 Islamic Development Bank (IsDB) Annual Meetings Focusing on Boosting Intra-Organisation of Islamic Cooperation (OIC) Trade in its Member Countries

Momentum Builds in Algiers as ITFC Signs Agreements at the sidelines of the IsDB Group Annual Meetings

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic Development Bank (IsDB) Group, embarked on its participation at the 2025 IsDB Group Annual Meetings with signing agreements that signal a renewed drive to scale up trade finance, unlock private sector growth, and deepen regional economic integration.  In…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) and Asakabank Ink US$ 20 Million Trade Finance Deal to Strengthen Uzbekistan’s Private Sector
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) and Asakabank Ink US$ 20 Million Trade Finance Deal to Strengthen Uzbekistan’s Private Sector

This agreement underscores ITFC’s dedication to expanding trade finance accessibility for SMEs fueling Uzbekistan’s economic progress

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), the trade finance arm of the Islamic Development Bank (IsDB) Group, has signed a US$ 20 million Line of Trade Finance Agreement with Asakabank to bolster trade finance solutions for SMEs and private sector clients in Uzbekistan.   Structured under Murabaha, this facility…

International Islamic Trade Finance Corporation (ITFC)

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    • The International Islamic Trade Finance Corporation (ITFC) Signs US$ 20 Million Line of Financing Agreement with Trustbank in Uzbekistan
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) Signs US$ 20 Million Line of Financing Agreement with Trustbank in Uzbekistan

This agreement reinforces ITFC’s commitment to supporting economic development in Uzbekistan by enhancing trade finance accessibility for SMEs and key private sector entities

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org/), a member of the Islamic Development Bank (IsDB) Group, signed a US$20 million Line of Trade Financing Agreement with Trustbank in Uzbekistan under the Murabaha structure. This agreement aims to bolster trade finance accessibility for SMEs, women entrepreneurs, green financing initiatives, and…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) Concludes Islamic Development Bank (IsDB) Group Annual Meetings with Strategic Agreements and Global Engagements
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Concludes Islamic Development Bank (IsDB) Group Annual Meetings with Strategic Agreements and Global Engagements

High-Level Discussions and Financial & Technical Assistance Agreements Highlight ITFC’s Commitment to Enhancing Economic Cooperation Among OIC Member Countries

During the final day of the 49th IsDB Annual Meetings, the International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, held further high-level discussions with member countries including Guinea Conakry and Turkmenistan, and partner banks and financial institutions. The outcomes achieved during the…

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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    • International Islamic Trade Finance Corporation (ITFC) and Asia Alliance Bank Sign US$ 10 Million Line of Trade Financing Agreement to Boost Private Sector and Medium-Sized Enterprises (SME) Support in Uzbekistan
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) and Asia Alliance Bank Sign US$ 10 Million Line of Trade Financing Agreement to Boost Private Sector and Medium-Sized Enterprises (SME) Support in Uzbekistan

The funds will be extended under the Murabaha structure, ensuring adherence to Shariah principles

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group and Asia Alliance Bank have inked an agreement to bolster trade financing for Uzbekistan's private sector, particularly small and medium-sized enterprises (SMEs). Under the agreement, ITFC will provide a Line of Financing of…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) Extends US$ 15 million Financing Support to Private Sector in Uzbekistan
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Extends US$ 15 million Financing Support to Private Sector in Uzbekistan

The financing agreement with Aloqabank will contribute to efforts to strengthen the private sector and SMEs in the country

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, has signed a trade financing agreement with Aloqabank, Uzbekistan. The agreement is in line with ITFC’s commitment to support the private sector, especially SMEs in OIC member countries in general and in Uzbekistan…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) Signs Six Agreements Totaling US$101 Million with Cote d’Ivoire, Egypt, Uzbekistan, and The Kingdom of Saudi Arabia
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Signs Six Agreements Totaling US$101 Million with Cote d’Ivoire, Egypt, Uzbekistan, and The Kingdom of Saudi Arabia

Agreements Signed on the Sidelines of the 2023 Islamic Development Bank Group (IsDB) Annual Meetings in Jeddah

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB), has signed six major agreements with Cote d’Ivoire, Egypt, Uzbekistan, and Saudi Arabia totaling US$101 million on the second day of the 2023 IsDB Group Annual Meetings, held in Ritz Carlton Hotel, Jeddah,…

International Islamic Trade Finance Corporation (ITFC)

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    • Eng. Hani Sonbol & Dr. Seglaro Some (Minister of Economy & Finance Burkina Faso)
    • Eng. Hani Sonbol & Acting Alternat IsDB Governor for Uzbekistan
    • Eng. Hani Sonbol & Mr. Isselmou O. Mohamed M'Bady (Minister of Finance - Mauritania)
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Announces its Financing Agreements Totalling US$7 Billion at the End of the 47th Annual Meetings of the Islamic Development Bank Group in Egypt

The last day of the annual meetings saw the signing of the last 3 strategic agreements for cooperation with the Member Countries

The recently held Annual Meetings of the Islamic Development Bank (IsDB) Group witnessed 12 agreements signed by the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) with total financing of US$7 billion. Four agreements were concluded in favour of the Arab Republic of Egypt and seven agreements with member countries in…