BAKU, Azerbaijan, June 17. The International
Islamic Trade Finance Corporation has facilitated a total of $93
billion in trade finance disbursements to date, said Adeeb Al-Aama,
CEO of ITFC, Trend's correspondent reports from the event.
This was stated by ITFC Chief Executive Officer Adeeb Al-Aama at
the panel "CEO Session on Making Regional Integration Attractive
for Investment: Promoting Trade, Mobilizing Investment and
Systematically Reducing Risks to Growth" organized within the
framework of the 51st Annual Meeting of the Islamic Development
Bank Group (IsDB Group) in Baku.
He said the ITFC supports the 57 member states of the
Organization of Islamic Cooperation by financing both domestic
trade and international trade transactions, adding that its mandate
extends beyond energy supply to include trade development and
institutional capacity building.
Al-Aama described the organization’s financing model as
“responsible finance,” emphasizing that it is linked to real
economic activity and grounded in Islamic finance principles.
He said the institution has mobilized $93 billion in funding
since its inception and raised $9.35 billion in 2025 alone.
He also noted that approximately $8 billion of funding is linked
to Islamic insurance mechanisms, while about $30 billion is
directed toward support programs, with roughly one-third allocated
to least developed countries.
Al-Aama added that one of ITFC’s key strengths is its ability to
mobilize external capital alongside international partners, saying
that every $1 in ITFC financing generates an additional $2 in
external funding.
He said that since 2008, about $60 billion has been mobilized
from external sources, allowing the institution to scale its
operations beyond its balance sheet and expand its impact on global
trade and development.
