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Commenting on the milestone, Eng. Adeeb Yousuf Al Aama, Chief Executive Officer, ITFC said: \u201cSurpassing US$100 billion in cumulative approvals is more than a measure of scale.<\/p>\n
It represents nearly two decades of partnership with our Member Countries and a sustained commitment to using trade as a driver of development, resilience and opportunity. Behind this milestone are essential commodities delivered, businesses supported, markets connected and livelihoods strengthened.<\/p>\n
It also demonstrates what can be achieved when ITFC combines its own resources with the capital, expertise and partnerships of the wider IsDB Group and our financing partners.\u201d
\nThe milestone comes as the IsDB Group advances implementation of its Ten-Year Strategic Framework 2026\u20132035 and Five-Year Corporate Strategies 2026\u20132030. ITFC will build on its track record by scaling trade finance sustainably, mobilizing greater private and institutional capital, expanding access for SMEs, advancing digital trade finance solutions, and deepening partnerships across Member Countries.
\nAs it enters its next phase, ITFC remains focused on strengthening trade as a catalyst for economic growth, resilience and shared prosperity across the markets it serves.<\/p>\n","protected":false},"excerpt":{"rendered":"
The International Islamic Trade Finance Corporation (ITFC), the trade finance and trade development arm of the Islamic Development Bank (IsDB) Group, has surpassed US$100 billion in cumulative trade finance approvals since commencing operations in 2008.\u00a0 \u00a0 \u00a0 \u00a0The milestone marks a significant chapter in ITFC\u2019s contribution to supporting trade, economic resilience and sustainable development across […]<\/p>\n","protected":false},"author":3,"featured_media":13754,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[91,47,39,168,83,130,43,107,87,15,35,31],"tags":[40017,10058,1710,8452,40013,12772,7804,10930,2080,40015,1822,2338,12314],"class_list":["post-13753","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-arab-countries-en","category-banks-insurance-en","category-business-economy-en","category-country","category-egypt-en","category-featured-en","category-finance-investment-en","category-funding-round","category-gcc-en","category-press-releases","category-smes","category-startups","tag-adeeb-yousuf-al-aama","tag-energy-security","tag-food-security","tag-global-economy","tag-international-islamic-trade-finance-corporation","tag-international-trade","tag-islamic-development-bank","tag-islamic-finance","tag-itfc","tag-member-countries","tag-smes","tag-sustainable-development","tag-trade-finance"],"yoast_head":"\n