Here’s the latest I can share on ITFC (International Islamic Trade Finance Corporation) based on recent public reports.
- ITFC signed a landmark US$513 million syndicated Murabaha financing with Pakistan to support energy imports, announced in mid-July 2025. The facility aims to import crude oil, petroleum products, and LNG to meet Pakistan’s energy needs and was notably oversubscribed, signaling strong market demand.[1][2]
- ITFC issued its 2024 Annual Report highlighting a record year: US$7.3 billion in trade finance approvals across 110 operations in 26 countries, with 38% directed to Least Developed Member Countries and a notable rise in private-sector financing to US$1.2 billion. The report underscores growth, geographic reach, and commitments to sustainable development.[3]
- ITFC’s broader activity in 2024–2025 includes continued support for energy security and trade facilitation across OIC member states, with ongoing efforts to mobilize Shari’ah-compliant resources and expand partnerships. The organization emphasizes expanding impact in Africa, the Middle East, and Central Asia.[6][3]
If you’d like, I can compile a concise, up-to-date briefing with a quick timeline and its potential implications for energy financing and trade for your region. I can also fetch more details on the Pakistan deal or pull additional recent announcements from ITFC’s official site.
Sources
The International Islamic Trade Finance Corporation (ITFC) is a member of the Islamic Development Bank (IsDB) Group. It was established with the primary objective of advancing trade among Organization of Islamic Cooperation (OIC) member countries, which would ultimately contribute to the overarching goal of improving the socio-economic conditions of the people across the world.
www.itfc-idb.orgThe International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org/), member of the Islamic Development Bank (IsDB) Group, signed a US$8 million Murabaha-structured line of trade finance with the private joint stock bank, Trustbank in Uzbekistan, to minimize the impact of COVID-19 by supporting the import and pre-export financing needs of SMEs in the country.
www.pulse.co.keThe International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, signed a US$100 million
ffnews.comThe International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, signed a $513 million Syndicated Murabaha Financing Facility with the Islamic Republic of Pakistan, represented by the Ministry of Economic Affairs, to support the country’s critical energy sector needs, reported WAM
www.tradearabia.comEmpowering organisation of Islamic Cooperation Economies and expanding global impact
www.zawya.comInternational Islamic Trade Finance Corporation (ITFC) Signs Landmark US$513 Million Syndicated Murabaha Financing with the Government of Pakistan to Support Energy Imports
www.zawya.com