The International Islamic Trade Finance Corporation (ITFC) is a member of the Islamic Development Bank Group established in 2008 and headquartered in Jeddah, Saudi Arabia, focused on trade finance and trade promotion. It aims to develop and expand trade among member countries of the Organisation of Islamic Cooperation, operating through one arm that provides Shariah-compliant trade financing to public and private entities in member countries and another, the Trade Cooperation and Promotion Program, that works through trade promotion, trade facilitation, capacity building and development of strategic commodities.
Facts
Founding YearSourced to the subject's own account Founding DateSourced to the subject's own account HeadquartersSourced to the subject's own account Geography
Country or Jurisdiction ServedWikidata Q6051229, property P17 (country). Classification
Institution SubtypeSourced to the subject's own accountInternational Financial Institution 1 Connections
Member Of
Source International Islamic Trade Finance Corporation (Wikipedia)
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Sources
1. International Islamic Trade Finance Corporation (Wikipedia)
WikipediaHistory section, ITFC operational date
The ITFC became operational on 1st of Muharram, 1429H (January 10, 2008G) and integrated the activities and operations of all the IDB Group's various trade finance programs into its overall operations.
ITFC headquarters section
ITFC headquarters is located in Jeddah, Saudi Arabia and is planning to expand geographically by opening new branches as deemed necessary.
Introduction, institution-subtype
The International Islamic Trade Finance Corporation (ITFC) is a member of the Islamic Development Bank Group established in 2008 and headquartered in Jeddah, Saudi Arabia, focused on trade finance and trade promotion.
Member Of: Islamic Development Bank, Trade finance section
As a member of the IDB Group, the ITFC has leverage over government and acts as a facilitator in mobilizing private and public resources to build and develop intra-trade.
In Group: Islamic and Arab Development Institutions, Lead
The International Islamic Trade Finance Corporation (ITFC) aims to develop and expand intra-Organisation of Islamic Cooperation trade.
View the Source 2. Wikidata
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