INTERNATIONAL ISLAMIC TRADE FINANCE
CORPORATION (ITFC)
ITFC’S MISSION IS CLEAR FROM ITS MANDATE TO BE A CATALYST FOR THE DEVELOPMENT OF
TRADE AMONG OIC MEMBER COUNTRIES AND WITH THE REST OF THE WORLD.
The International Islamic Trade Finance Corporation (ITFC)
was established in 2005 and commenced business
operations in 2008 with an Authorized Capital of $3 billion,
as an autonomous and dedicated trade finance entity of
the Islamic Development Bank (IDB) Group. ITFC inherited
the pioneering mantle of trade finance expertise and
its application of innovative Islamic finance instruments
developed over a period of more than 30 years when it was
undertaken by various departments in IDB.
This rich heritage and the savoir-faire position ITFC at the
forefront of international trade to foster socio-economic
development, setting new benchmarks in ethical trade
financing and developing innovative Shariah-compliant
solutions. In addition, ITFC supports the development of
markets and trading capacities of its member countries
of the Organisation of the Islamic Cooperation (OIC) in
order to promote the IDB Group’s strategic developmental
objectives.
Operating to world-class standards, the ITFC’s mission is clear
from its mandate to be a catalyst for the development of trade
among OICMember Countries and with the rest of the world.
ITFC aspires to be a recognized provider of trade solutions for
the OIC Member Countries’ needs; in order to fulfill its brand
promise of
“AdvancingTrade & Improving Lives”
.
