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Islamic Finance Briefing - Categorized | Finance, Performance more

International Islamic trade Finance Corporation wins Euromoney trade finance deal of the year award

Posted on 26 March 2009

From Albawaba.com: The International Islamic Trade Finance Corporation (ITFC), an autonomous entity within the IDB Group, has been announced as the winner of the prestigious Euromoney Trade Finance Deal of the Year Award 2008 for its €23 million financing transaction for the cotton sector in the Cote d’lvoire.

The ITFC deal was selected for the award as it demonstrates a number of significant innovations compared to standard pre-export finance, as well as being Shariah-compliant and of great social and economic importance…..Full Article: Source

 
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