Economic development

Economic development

International Islamic Trade Finance Corporation Recognized for Innovative Financing Facility for Tèrkiye's Post-Earthquake Recovery

The International Islamic Trade Finance Corporation (ITFC) has been awarded the GTR Best Deals of 2024 for its innovative US$150 million Murabaha financing facility supporting Tèrkiye's post-earthquake economic recovery. This landmark Shariah-compliant financing facility was the first Islamic trade finance facility designed for post-disaster recovery, responding to