International Islamic Trade Finance Corporation's 2024 Annual ...
Empowering organisation of Islamic Cooperation Economies and expanding global impact
www.zawya.comHere’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.