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International Islamic Trade Finance Corporation

Senegal

ITFC greenlights $116 million dedicated to the energy sector in Senegal

The International Islamic Trade Finance Corporation (ITFC) has approved a $116 million Murabaha financing to SENELEC (Senegal National Power Company). The funds are to ensure the production, transmission, and distribution of electricity in Senegal.
access to energy and water

ITFC approves $250 million to support economic sectors in The Gambia

The International Islamic Trade Finance Corporation (ITFC) a member of the Islamic Development Bank (IDB) Group has signed a new five-year framework agreement that aims at boosting trade development across The Gambia’s agriculture, energy, healthcare, and private sectors.
WEF

$300m energy trade finance portfolio to be launched

US-based investment managers Federated Investors and Saudi-based International Islamic Trade Finance Corporation (ITFC) yesterday announced an agreement to launch a sovereign energy trade finance portfolio. Federated Investors and ITFC have worked together on a broad...

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