Boosting Saudi Trade with AfTIAS! The "Strengthening the Capabilities of Foreign Trade" #project empowers #Saudi SMEs to expand #exports, enhance the business environment, and tackle trade barriers. Set to launch in July 2025, this International Trade Centre-led initiative builds negotiation #skills and resilient supply chains, driving economic #growth through #AfTIAS 2.0. #SaudiArabia #SMEs #TradeDevelopment #EconomicGrowth #Impact
International Islamic Trade Finance Corporation (ITFC)
Banking
Advancing trade, improving lives
About us
Located in Jeddah, Saudi Arabia being the host country for the International Islamic Trade Finance Corporation (ITFC). ITFC is an autonomous entity within the Islamic Development Bank Group created with the purpose of advancing trade to improve the economic condition and livelihood of people across the Islamic world. ITFC has consolidated all the trade finance businesses that used to be handled by various windows within the IDB Group. It commenced operations in Muharram 1429H (January 2008G). The consolidation of the IDB Group’s trade finance activities under a single umbrella increased the Corporation’s efficiency in service delivery by enabling rapid response to customer needs in a market-driven business environment.
- Website
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http://www.itfc-idb.org
External link for International Islamic Trade Finance Corporation (ITFC)
- Industry
- Banking
- Company size
- 51-200 employees
- Headquarters
- Jeddah
- Type
- Government Agency
- Founded
- 2008
- Specialties
- Trade Solutions, Trade Finance, Trade Promotion, financing, development, banking, and trade
Locations
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Primary
Jeddah, 21432, SA
Employees at International Islamic Trade Finance Corporation (ITFC)
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Mohammed Mohammed Kamal
Manager, Flagship Programs
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Said Ibouroi
Regional Head, East Africa & Latin America, Trade Finance at ITFC/Islamic Development Bank (IsDB) Group
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Khaled El Gakhlab
Head of Digital Innovation and Transformation
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Mohamed T.
In love with People - Passionate about People Engagement, Growth, and Fulfillment - Inspired by Organizational Success
Updates
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Notre événement de partage des connaissances à #2025IsDBGroupAMs est plus qu'un dialogue - c'est une rampe de lancement pour l'impact. 🎯 Voici ce à quoi s'attendre : ✅ Des idées pour façonner les politiques ✅ Des opportunités de collaboration régionale ✅ Des pistes pour la résilience et la diversification économiques ✅ Soutien au leadership commercial de l'Algérie Ensemble, nous traduisons les idées en actions. Participez à l'élan - rejoignez l'événement ou explorez les points forts ! 🔗 Inscrivez-vous dès maintenant : am.isdb.org #ITFC #AATB #Financeislamique #ImpactOCI #Intégrationcommerciale #BID2025 #Alger2025 #DéveloppementImpact
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Our Knowledge Sharing Events at #2025IsDBGroupAMs is more than a dialogue—it’s a launchpad for impact. 🎯 Here is what to expect: ✅ #Insights to shape policy ✅ Regional collaboration opportunities ✅ Pathways to economic resilience & diversification ✅ Support for #Algeria’s trade leadership Together, we’re translating ideas into action. Be part of the momentum—join the event or explore the highlights! 🔗 Register now: am.isdb.org #ITFC #AATB #IslamicFinance #OICImpact #TradeIntegration #IsDB2025 #Algiers2025 #DevelopmentImpact
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Driving Trade & Growth in #Uzbekistan! Under the US$600M Framework Agreement signed in 2024, ITFC is strengthening financial inclusion and boosting cross-border trade by working with local banks. By expanding access to trade finance, ITFC empowers #SMEs and the #privatesector, fostering resilience, #innovation, and economic progress. ✅ Strengthening private sector resilience ✅ Supporting SMEs with #import & pre-export financing ✅ Driving #sustainable trade and economic diversification Together, we are unlocking opportunities for a more dynamic and prosperous Uzbekistan! #ITFC #TradeFinance #Uzbekistan #IslamicFinance #SMEGrowth #EconomicDevelopment
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Favoriser la croissance du secteur privé dans les pays membres! À l'ITFC, nous pensons que le secteur privé est la clé pour débloquer un développement inclusif et durable à travers le monde. C'est pourquoi l'ITFC soutient le Forum du Secteur Privé (PSF), organisé dans le cadre de #AG2025GroupeBID à Alger, en #Algérie. Cette plateforme phare rassemble des chefs d'entreprise, des experts sectoriels et différentes parties prenantes pour construire des partenariats impactants, stimuler le commerce et l'investissement transfrontaliers, et mettre en lumière des opportunités à fort potentiel à travers les 57 pays membres du Groupe de la BID. Des engagements stratégiques B2B et B2G aux sessions et discussions engageantes, le FSP est le lieu où le développement et l'investissement se rencontrent. 📍 Rejoignez-nous à #Alger et participez à façonner le paysage du secteur privé de demain. 🔗 https://lnkd.in/dmZdue7e #PSF2025 #RéunionsannuellesBID #ITFC #FinancementduCommerce #FinanceIslamique
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Empowering Private Sector Growth Across Member Countries! At ITFC, we believe the private sector is key to unlocking inclusive and sustainable development across the world. On this note, ITFC is supporting the Private Sector Forum (PSF), held as part of #2025IsDBGroupAMs5 in Algiers, #Algeria. This flagship platform brings together business leaders, industry experts, and different stakeholders to build impactful #partnerships, drive cross-border #trade and #investment, and spotlight high-potential opportunities across the 57 Islamic Development Bank (IsDB) Group member countries. From strategic #B2B and #B2G engagements to engaging sessions and discussions, PSF is where development and investment meet. 📍 Join us in #Algiers and be part of shaping tomorrow’s private sector landscape. 🔗 https://lnkd.in/dmZdue7e #PSF2025 #IsDBAnnualMeetings #ITFC #TradeFinance #IslamicFinance
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Mr. Abdihamid Abu, General Manager, Trade Finance, commenting on the recently signed Trade Finance Facility with Asakabank.
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L'Algérie est en train de devenir une porte d'entrée pour le commerce entre l'Afrique et le monde Arabe. Avec des #infrastructures en expansion et un secteur privé dynamique, le pays est au cœur de notre agenda 2025. L'ITFC est fière de soutenir les ambitions commerciales de l'Algérie - en commençant par notre première opération en 2024 et en engageant maintenant davantage d'institutions financières pour obtenir un impact réel. Rejoignez-nous à #Alger ! 📍 20-22 mai 2025 🔗 am.isdb.org #AG2025GroupeBID #AlgérieCommerce #ITFCenAlgérie #AGBID #CroissanceRégionale #FinanceIslamique
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Algeria is emerging as a gateway for Africa–Arab trade. With expanding infrastructure and a vibrant private sector, the country is at the heart of our 2025 agenda. ITFC is proud to support #Algeria’s trade ambitions—starting with our first operation in 2024 and now engaging more financial institutions to drive real #impact. Join us in #Algiers! 📍 May 20–22, 2025 🔗 am.isdb.org #ITFC #2025IsDBGroupAMs #ITFCinAlgeria #IsDBAnnualMeetings #RegionalGrowth #IslamicFinance
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Strengthening Uzbekistan’s Private Sector: ITFC & Asakabank Sign US$20M Agreement! ITFC is proud to announce the signing of a US$20 million Trade Finance Agreement with Asakabank of #Uzbekistan! The agreement was signed by Mr. Kudratilla Tulyaganov, Chairman of the Management Board of Asakabank, and Mr. Abdihamid Abu, General Manager, Trade Finance, ITFC. This facility will bolster trade finance #solutions for #SMEs and private sector industries in Uzbekistan, enhancing financial #accessibility and driving economic resilience. Through #Murabaha financing, ITFC reaffirms its commitment to strengthening private sector #growth and financial inclusion in Uzbekistan. We look forward to fostering #sustainable trade and economic impact across the CIS region! #ITFC #Impact #TradeFinance #IslamicFinance #SMEgrowth #EconomicDevelopment
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