ITFC approves $9.3B for 25 nations
The International Islamic Trade Finance Corporation, affiliated with the Islamic Development Bank Group, has been awarded the title of Best Provider of Trade and Investment Financing in the Middle East and Africa for 2026, according to a vote by readers of Global Trade Review magazine. In 2025, it approved financing totaling $9.3 billion across 144 transactions in 25 countries to support trade flows involving essential goods and small and medium-sized enterprises, bringing its total financing to over $100 billion since its establishment in 2008. The organization aims to enhance access to trade finance, support regional trade, and promote sustainable development through its strategy for 2026 to 2030.
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