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Home»Energy»ITFC Announces $9.35 Billion In Finance Approvals To Boost Energy, Food Security Among Member State
Energy

ITFC Announces $9.35 Billion In Finance Approvals To Boost Energy, Food Security Among Member State

By Orientalnews StaffJune 22, 2026No Comments2 Mins Read
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Yemisi Izuora

The International Islamic Trade Finance Corporation (ITFC) a member of the Islamic Development Bank Group has revealed US$9.35 billion in trade finance approvals, US$7.79 billion in intra-OIC trade financing and US$6.35 billion mobilised from partner institutions in 2025, underscoring its role in financing trade, energy and food security across across 144 operations in 25 member countries.

This is contained in its published its 2025 Annual Report.

These figures brought cumulative approvals since ITFC commenced operations in 2008 to US$92.10 billion, with disbursements reaching US$77.70 billion. This showcases ITFC’s role in financing trade flows in member countries facing liquidity constraints, trade finance gaps and continued pressure on food and energy supply chains.

ITFC’s 2025 portfolio remained focused on sectors linked to trade continuity and economic activity.

Energy approvals reached US$6.47 billion, with financing directed towards fuel, electricity and energy sector needs in member countries while food and agriculture approvals reached US$1.57 billion, assisting strategic commodity imports and food security requirements

Also, financial  sector approvals reached US$1.20 billion, including lines of financing through financial institutions with private sector trade finance approvals reaching US$1.35 billion, bringing cumulative private sector financing since inception to US$19.60 billion

The report also records ITFC’s partner capital mobilisation during the year. ITFC mobilised US$6.35 billion from public and private sector partners, representing 68 per cent of total approvals. In 2025, ITFC ranked Global #1 Bookrunner and Mandated Lead Arranger in the Bloomberg and LSEG Islamic Syndications League Tables.

Trade development activity also formed part of ITFC’s 2025 delivery. The report outlines trade related technical assistance and integrated solutions initiative in member countries, in addition to programs including the Arab Africa Trade Bridges Programme, the Aid for Trade Initiative for Arab States 2.0, Trade Connect Central Asia Plus and the SMEs Program.

These initiatives focus on export capacity, trade facilitation, regional economic cooperation and private sector readiness.

The report also confirms Moody’s reaffirmation of ITFC’s A1 long term foreign currency issuer rating and Prime 1 short term foreign currency issuer rating, with a stable outlook.

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