As the COVID-19 pandemic unfolded in the first quarter of 2020, governments around the world were forced to take drastic actions to counter the socio-economic challenges posed by the crisis.
Murabaha financing agreement delivers critical support for thousands of farmers exporting food commodities across the continent as COVID-19 impacts global food commodity prices. (Jeddah, KSA, 30 June 2020). The International Islamic Trade Finance… read more →
The grant, which falls under the umbrella of the Arab-Africa Trade Bridges Program’s response to the COVID-19 crisis, provides immediate emergency funding to fight against novel coronavirus. (Jeddah, KSA, 25… read more →
Dhaka – 11 June 2020: The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, has approved a US$15 million Murabaha Financing Facility in favour of City… read more →
(Jeddah, KSA, 1st June 2020) – The International Islamic Trade Finance Corporation (ITFC), has signed an agreement to support the provision of a food relief program for the most vulnerable people in… read more →
ITFC intervention provides for basic food needs and a grant for providing immediate life-saving front-line personal protective medical equipment in the fight against novel coronavirus (Jeddah, KSA, 18 May 2020)… read more →
Now is the time for trade finance institutions to take the lead in efforts to strengthen SME resilience and leave them in a position to be able to bounce back in the aftermath of the pandemic.