The International Islamic Trade Finance Corporation

What The International Islamic Trade Finance Corporation does

The International Islamic Trade Finance Corporation (ITFC) is a multilateral development finance institution and member of the Islamic Development Bank (IsDB) Group, headquartered in Jeddah, Saudi Arabia. Established in 2008, ITFC's mandate is to advance trade among the 57 member countries of the Organization of Islamic Cooperation (OIC) through Shariah-compliant financing solutions. Core products include Line of Trade Financing (Two-Steps Murabaha), LC Confirmation, Structured Trade Finance, and a full Treasury & Financial Markets suite spanning FX Spot/Swap/Forward, Money Market, Sukuk portfolio, Repo, and Shariah-compliant derivatives including Profit Rate Swap and Cross Currency Swap. The corporation also operates Trade Development programs — Arab Africa Trade Bridges (AATB), Aid for Trade Initiative for the Arab States (AfTIAS), West Africa SMEs Program, and Export Launchpad — that combine financing with technical assistance and capacity building.

ITFC's revenue model is transaction-based: it earns financing spreads and fees on Murabaha facilities, syndicated trade finance, LC confirmations, and structured commodity finance, supplemented by treasury trading income. Pricing is negotiated bilaterally through multi-year framework agreements with member country governments and central banks; specific terms are not publicly disclosed. Distribution operates through three channels: direct sovereign framework agreements, partnership arrangements with multilateral development finance institutions (IFC, TDB Group, IsDB affiliates), and a partner-bank network that channels credit lines to SMEs and private sector borrowers. With 51-100 employees, ITFC has cumulatively provided over US$93 billion in trade financing since 2008, approved a record US$9.35 billion in 2025, and topped global Islamic syndicated finance rankings for five consecutive years.

Name

The International Islamic Trade Finance Corporation

Legal name

The International Islamic Trade Finance Corporation

Website

https://itfc-idb.org

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

51–100 employees

Short description

ITFC is a multilateral development finance institution and IsDB Group member that provides Shariah-compliant trade finance — Murabaha, LC confirmation, structured trade finance, and treasury services — to 57 OIC member countries, channeling financing through partner banks and framework agreements to reach sovereigns, SMEs, and financial institutions.

Ownership category

akta.pro rank

Product category

Trade Finance

NAICS

Commercial Banking (522110), Monetary Authorities-Central Bank (521110)

SIC

Federal & Federally-Sponsored Credit Agencies (6111), International Affairs (9721)

akta.pro primary industry

Islamic Trade Finance & Supply Chain (Shariah-compliant) (FSABAGAE)

akta.pro secondary industries

Structured Trade & Export Credit (ECA-backed, Structured Solutions) (FSABAHAJ), Pre-Export & Export Finance (Working Capital, Packing Credit) (FSABAHAG), Trade Finance, Export Credit & Risk Mitigation (BPADAMAG), Islamic Treasury, Liquidity & Interbank (Commodity Murabaha, Sukuk Liquidity) (FSABAGAK)

Keywords

• Trade finance solutions
• Islamic finance
• Shariah-compliant financing
• Trade development programs
• SME credit lines

Headquarters

HQ city

Jeddah

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Trade Finance Services: ITFC provides Shariah-compliant trade financing to OIC member countries through Murabaha facilities, syndicated financing, LC confirmations, and structured commodity finance. Revenue is generated through financing fees and spreads on trade finance transactions.
2. Treasury and Financial Markets: Treasury operations include foreign exchange services (FX Spot, Swap, Forward), money market deposits, capital markets (Sukuk portfolio trading), repo transactions, and derivatives (Profit Rate Swap, Cross Currency Swap). Generates income through trading and liquidity management.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

The International Islamic Trade Finance Corporation (ITFC) is a multilateral development finance institution that provides Shariah-compliant trade finance, treasury and financial markets services, and trade development programs to OIC member countries. Since its inception in 2008, ITFC has financed more than $92 billion in cumulative trade operations across 57 member countries. Its offerings include Murabaha financing, letter of credit confirmation, structured trade finance, and integrated trade solutions aimed at supporting governments, financial institutions, and SMEs.

Product overview

The International Islamic Trade Finance Corporation (ITFC) is a member of the Islamic Development Bank (IsDB) Group offering a comprehensive suite of Shariah-compliant trade finance solutions and trade development programs. The core offering consists of Trade Finance products (Line of Trade Financing/Two-Steps Murabaha, LC Confirmation, Structured Trade Finance), Treasury & Financial Markets services (Foreign Exchange, Money Market, Capital Markets, Repo, Derivatives), and Trade Development initiatives through Flagship Programs (Arab Africa Trade Bridges, AfTIAS, West Africa SMEs, Export Launchpad) and Integrated Trade Solutions. The organization functions as a platform providing financing mechanisms channeled through local banks to support SME and private sector growth across OIC member countries.

Differentiator

Problem solved

Functional benefit

Brands

• Arab Africa Trade Bridges (AATB) Program: A multi-donor, multi-country program developed in 2017 to promote and increase trade and investment flows between African and Arab member countries.
• Aid for Trade Initiative for the Arab States (AfTIAS) Program
• West Africa SMEs Program
• Export Launchpad Program

Named customers12 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core, major, supporting and strategic.

• International Finance Corporation (IFC)coreStrategic or Co-development Partner · 16 June 2026ITFC signed a Confirming Bank Agreement with IFC to expand trade finance operations across OIC member countries using IFC's risk-sharing framework. This partnership leverages IFC's risk mitigation capabilities to increase trade finance access.
• Trade and Development Bank Group (TDB Group)coreStrategic or Co-development Partner · 4 December 2025Expanded partnership with a framework agreement increasing trade financing facility by US$100 million, with goal to scale to US$200 million. Aims to enhance trade operations and liquidity in key member countries.
• Islamic Development Bank (IsDB) GroupcoreStrategic or Co-development PartnerITFC is a member of the IsDB Group, collaborating on annual meetings, private sector forums, and coordinated financing programs across 57 OIC member countries.
• Hamkorbank (Uzbekistan)majorChannel Partner/ Reseller/ DistributorSigned US$100 million syndicated financing facility for SME financing, women's entrepreneurship, green finance, and food security projects. Expanded from previous US$90 million agreement.
• InfinBANK (Uzbekistan)majorChannel Partner/ Reseller/ DistributorUS$60 million Islamic finance agreement to expand trade finance access for bank's clients and support export and import operations in Uzbekistan.
• TFO Canada (Trade Facilitation Office Canada)supportingStrategic or Co-development PartnerTechnical partner in Export Launchpad Program, a joint initiative with Global Affairs Canada to enhance SME export capacities in beneficiary countries including Bangladesh and Senegal.
• Global Affairs CanadasupportingStrategic or Co-development PartnerPartner in Export Launchpad Program alongside ITFC to support SME export capabilities and digital adoption in developing countries.
• Türk Eximbank (Turkey)majorChannel Partner/ Reseller/ DistributorUS$200 million murabaha financing granted to Türk Eximbank to support Turkish SMEs and boost export competitiveness.
• Middle Corridor Initiative CountriesstrategicStrategic or Co-development PartnerITFC launched Trade Connect Central Asia Plus program covering six countries from Kazakhstan to Azerbaijan, developing soft trade infrastructure including paperless border procedures and digitized transport documents.
• Islamic Bank of SenegalmajorChannel Partner/ Reseller/ Distributor€20 million financing agreement to expand trade finance capacity and support SMEs in Senegal, part of broader €2 billion framework agreement.
• Islamic Development Bank Institute (IsDBI)coreStrategic or Co-development PartnerJoint research and reports on Islamic finance market development, including projections for Azerbaijan's Islamic banking sector reaching $2.7-3.6 billion by 2035.

Scale indicators17 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• International Finance Corporation (IFC): The private sector arm of the World Bank Group, IFC is the most direct multilateral peer to ITFC, providing trade finance, syndicated loans, and structured finance to emerging markets. ITFC and IFC have a formal confirming bank partnership, confirming direct overlap in products and counterparties.
• European Bank for Reconstruction and Development (EBRD): EBRD provides trade finance and structured finance across emerging markets in Eastern Europe, Central Asia, and the Southern and Eastern Mediterranean, directly overlapping with ITFC's mandate regions and product set (especially in Central Asia and OIC member countries like Egypt and Turkey).
• Asian Development Bank (ADB): ADB runs a major Trade Finance Program serving developing Asia and is explicitly referenced as a peer that ITFC pioneered multilaterally. Strong overlap in emerging market trade finance and in serving OIC member countries like Bangladesh, Uzbekistan, and Tajikistan.
• African Development Bank (AfDB): AfDB provides trade finance and development lending across Africa, directly overlapping with ITFC's heavy exposure to African OIC member countries (Egypt, Senegal, Mauritania, Gambia, Djibouti, Côte d'Ivoire). Both institutions serve the same sovereign and bank counterparties in these markets.
• Trade and Development Bank (TDB): TDB is a multilateral development bank that ITFC has as a direct partner, with a US$100M facility expansion and goal to scale to US$200M. TDB operates in many of the same African and Asian emerging markets and is a structural co-financing peer.
• Türk Eximbank: Turkey's official export credit agency, Türk Eximbank is a direct counterparty of ITFC (US$200M murabaha facility) and operates in the same trade finance and SME export space in OIC member markets, serving as a national-level peer.

Broad incumbents

• Islamic Development Bank (IsDB): IsDB is ITFC's parent organization and the broader Islamic development finance institution. IsDB operates across project finance, infrastructure, and sovereign lending in the same 57 OIC member countries, serving as both parent and a broader-incumbent peer for ITFC's niche within the group.
• Standard Chartered Bank: Standard Chartered is a major global trade finance bank with deep presence in OIC and emerging markets. As a broad incumbent, it offers overlapping trade finance products to many of the same corporate and bank counterparties ITFC serves, though through conventional rather than Shariah-compliant instruments.
• HSBC Trade Finance: HSBC is one of the world's largest trade finance providers, with significant Middle East and emerging market exposure. It overlaps with ITFC on LC confirmation, structured trade finance, and bank-to-bank trade credit lines, serving as a broad incumbent peer.

Regional players

• Banque Saudi Fransi: A major Saudi commercial bank that competes in the local Saudi trade finance and corporate banking market. While primarily a regional Saudi player, it is a relevant comparable for ITFC's Riyadh-based treasury and Saudi counterparty activity.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/ITFCCORP
• LinkedInlinkedin.com/company/itfccorp

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments13 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The International Islamic Trade Finance Corporation