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ISLAMIC FINANCE

ICD, IRTI to deliver high-level training programs on Islamic finance
February 14, 2019

JEDDAH — A Memorandum of Understanding (MoU) was signed last Feb. 11 between the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of Islamic Development Bank (IDB) Group, and the Islamic Research and Training Institute (IRTI), IsDB Group’s primary organizational unit for the delivery of Islamic finance research, training, information, advisory, technical assistance and Islamic financial products development services"...

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ITFC strengthens its partnership with NCB
February 6, 2019

THE International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, and the National Commerce Bank (NCB) signed Commodity Murabaha Agreements. The signing took place during a meeting between ITFC CEO Eng. Hani Salem Sonbol, and NCB CEO Faisal Omar Alsaggaf to discuss the existing strategic partnership and new venues of cooperation in future.

“This meeting shall be the stepping stone for an even stronger"...

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Saudi Exports, ITFC launch export finance initiative
January 30, 2019

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has entered into an agreement with the Saudi Export Development Authority (Saudi Exports) to support the implementation of the Export Finance Promotion Initiative announced today under the kingdom’s Private Sector Stimulus Program (PSS).

The"...

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