$45m murabaha backs exporters

Tl2he International Islamic Trade Finance Cooperation (ITFC), a member of the Islamic Development Bank Group, signed a $45m Murabaha Agreement with the Turkish “Aktif Bank” as a line of financing aimed at supporting Turkish exporters.

This highlights ITFC’s mandate to promote intra-trade among Organisation of Islamic Conference member countries and its continuous efforts to support vital economic sectors in those countries.

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