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International Islamic Trade Finance Corporation (ITFC)

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    • Meezan Bank Inks Agreement to Join the International Islamic Trade Finance Corporation (ITFC) to Support Private Sector
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Source: International Islamic Trade Finance Corporation (ITFC) |

Meezan Bank Inks Agreement to Join the International Islamic Trade Finance Corporation (ITFC) to Support Private Sector

Meezan Bank is the first bank in Pakistan to partner with ITFC for the LC Confirmation facility

Meezan Bank, Pakistan’s leading Islamic bank is pleased to announce a new strategic partnership with the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, under the ITFC Letter of Credit (LC) Confirmation product. This product facilitates trade flow by allowing exporters and…

International Islamic Trade Finance Corporation (ITFC)

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    • Alizz Islamic Bank Partners with the International Islamic Trade Finance Corporation to Support the Private sector in Oman
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Source: International Islamic Trade Finance Corporation (ITFC) |

Alizz Islamic Bank Partners with the International Islamic Trade Finance Corporation to Support the Private sector in Oman

The agreement was officially signed by Mr. Ali Al Mani, CEO of Alizz Islamic Bank and Eng. Hani Salem Sonbol, CEO of ITFC in the presence of a number of senior officials from both organisations

Reinforcing its position as one of Oman's most dynamic Islamic Wholesale Banking institutions, Alizz Islamic Bank has recently signed an agreement with the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org). This partnership is set to provide Shari’a compliant financing solutions, further enhancing the bank's commitment to offering innovative and ethical financial…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) and the Central Bank of Nigeria Successfully Conclude Workshops on Islamic Banking and Trade Finance
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) and the Central Bank of Nigeria Successfully Conclude Workshops on Islamic Banking and Trade Finance

These workshops form part of ITFC’s Integrated Trade Solutions (ITS) framework, aligning with the organization’s goal of providing holistic trade financing interventions in OIC member countries

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, in partnership with the Central Bank of Nigeria (CBN), successfully concluded a workshop on Non-Interest Banking and Trade Finance in Nigeria. Held from 17th to 19th September 2024 in Abuja, the sessions aimed…

International Islamic Trade Finance Corporation (ITFC)

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    • Comoros’ Minister of Finance, Budget, and Banking Sector, and IsDB Governor, H.E. Mr. Mohamed Ibrahim Abdourazak and ITFC’s CEO, Eng. Hani Salem Sonbol (1)
    • Comoros’ Minister of Finance, Budget, and Banking Sector, and IsDB Governor, H.E. Mr. Mohamed Ibrahim Abdourazak and ITFC’s CEO, Eng. Hani Salem Sonbol (2)
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Source: International Islamic Trade Finance Corporation (ITFC) |

CORRECTION: The International Islamic Trade Finance Corporation (ITFC) and Union of Comoros Strengthen Partnership with New EUR 330 Million Framework Agreement and Food Security Facility

The new 3-year Framework Agreement builds on the success of the previous EUR 330 million agreement, which achieved 83% of its target

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, and the Union of Comoros have signed a new EUR 330 Million Framework Agreement, reinforcing their strong partnership. The agreement was signed by ITFC’s CEO, Eng. Hani Salem Sonbol, Comoros’ Minister of Finance, Budget,…

International Islamic Trade Finance Corporation (ITFC)

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    • Minister of Finance, Budget and Banking of the Union of Comoros, Mr. Ibrahim Mohamed Abdourazak and Eng. Hani Salem Sonbol, CEO of ITFC (1)
    • Minister of Finance, Budget and Banking of the Union of Comoros, Mr. Ibrahim Mohamed Abdourazak and Eng. Hani Salem Sonbol, CEO of ITFC (2)
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) and Union of Comoros Strengthen Partnership with New EUR 330 Million Framework Agreement and Food Security Facility

The new 3-year Framework Agreement builds on the success of the previous EUR 330 million agreement, which achieved 83% of its target

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, and the Union of Comoros have signed a new EUR 330 Million Framework Agreement, reinforcing their strong partnership. The agreement was signed by ITFC’s CEO, Eng. Hani Salem Sonbol, Comoros’ Minister of Finance, Budget,…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) partners with the Ministry of Economic Development and Trade of Tajikistan to organize Islamic Trade Finance Workshops
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) partners with the Ministry of Economic Development and Trade of Tajikistan to organize Islamic Trade Finance Workshops

These workshops highlight ITFC’s commitment to contribute to the seamless integration of trade financing interventions with its trade development activities in the country

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, in collaboration with the Ministry of Economic Development and Trade of the Republic of Tajikistan, has successfully concluded two comprehensive Islamic trade finance workshops to equip participants with the necessary knowledge and skillset…

International Islamic Trade Finance Corporation (ITFC)

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    • The International Islamic Trade Finance Corporation (ITFC) Reports Remarkable Achievements Supporting Trade Finance and Development in the Organisation of Islamic Cooperation (OIC) Member Countries in 2023
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) Reports Remarkable Achievements Supporting Trade Finance and Development in the Organisation of Islamic Cooperation (OIC) Member Countries in 2023

ITFC’s Annual Development Effectiveness Report (ADER) Highlights Impressive Results

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, proudly announces the release of its 2023 Annual Development Effectiveness Report (ADER), titled "Sustainable Trade Horizons." The report highlights ITFC's substantial trade finance and development achievements, demonstrating the Corporation’s continued commitment to fostering…

International Islamic Trade Finance Corporation (ITFC)

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    • The Arab Africa Trade Bridges (AATB) Concludes its 4th Board of Governors Meeting with Landmark Agreements to Enhance Arab African Trade and Cooperation
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Source: International Islamic Trade Finance Corporation (ITFC) |

The Arab Africa Trade Bridges (AATB) Concludes its 4th Board of Governors Meeting with Landmark Agreements to Enhance Arab African Trade and Cooperation

Milestone Agreements Forge New Paths in African-Arab Trade Relations

The Arab Africa Trade Bridges (AATB) Program announces the successful conclusion of its 4th Board of Governors (BoG) Meetings, held alongside with the Tunisia Africa Business Meeting (TABM) from 2 July 2024, in Tunis, Tunisia. This event marks a milestone in advancing trade, economic cooperation, and regional integration between Africa…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) Engages Stakeholders During the World Trade Organization Aid for Trade Review 2024 Event
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Engages Stakeholders During the World Trade Organization Aid for Trade Review 2024 Event

African Finance Corporation, International Trade Centre, ITFC, WTO, Afreximbank, and UNIDO Sign Joint Declaration to Promote Cooperation in Support of the Cotton Sector

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group is pleased to announce the Corporation’s active participation at the 9th World Global Review for Trade. This event, themed ‘Mainstreaming Trade’, was held at the World Trade Organization’s (WTO) headquarters, in Geneva from…

International Islamic Trade Finance Corporation (ITFC)

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    • The International Islamic Trade Finance Corporation (ITFC) Signs Memorandum of Understanding on Mutual Business Cooperation with Qatar Development Bank (1)
    • The International Islamic Trade Finance Corporation (ITFC) Signs Memorandum of Understanding on Mutual Business Cooperation with Qatar Development Bank (2)
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) Signs Memorandum of Understanding on Mutual Business Cooperation with Qatar Development Bank

The MoU aims to support QDB’s SME Export Development Program and enhance the capabilities of Qatari entrepreneurs and innovators, as well as small and medium enterprises (SMEs)

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) and Qatar Development Bank (QDB) have announced the signing of a Memorandum of Understanding (MoU) to bolster mutual business cooperation. The MoU aims to support QDB’s SME Export Development Program and enhance the capabilities of Qatari entrepreneurs and innovators, as well as…