Here are the latest publicly reported developments on the International Islamic Trade Finance Corporation (ITFC) as of 2025–2026:
Direct answer
- ITFC announced a landmark US$513 million syndicated Murabaha financing with Pakistan to support energy imports in July 2025, underscoring strong market demand and Pakistan’s energy security needs. This is one of the largest syndicated financings ITFC has led for Pakistan in recent years. [Source: Zawya and TradeArabia press coverage of the signing][1][2]
- ITFC released its 2024 Annual Report, highlighting a record year with US$7.3 billion in trade finance approvals across 110 operations in 26 countries, and a notable portion (38%) directed toward Least Developed Member Countries (LDMCs). The report also notes a 14% year-on-year increase in private sector financing, totaling US$1.2 billion. [Source: ITFC 2024 Annual Report press release][3]
Context and implications
- These developments illustrate ITFC’s continued expansion of Shari’ah-compliant trade finance across its member countries, with a focus on energy security, regional resilience, and inclusive development in LDMCs.[1][3]
- The Pakistan facility reflects ITFC’s ongoing partnership with national governments to address critical energy import needs while mobilizing international capital markets for development-oriented finance.[2][1]
If you’d like, I can pull more details (e.g., the facility’s tenor, pricing, and counterparties) or summarize other ITFC news from 2024–2025. I can also compile a short timeline of ITFC’s major financings in the last two years.
Sources
The 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) 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), 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.comCairo Foam
www.gasc.gov.egInternational Islamic Trade Finance Corporation (ITFC) Signs Landmark US$513 Million Syndicated Murabaha Financing with the Government of Pakistan to Support Energy Imports
www.zawya.comEmpowering organisation of Islamic Cooperation Economies and expanding global impact
www.zawya.com