Browsing: Islamic finance
The ITFC has begun dispersing a USD 3 billion credit extension to Egypt to address the rising costs of food and energy imports.
The Saudi Arabia-based International Islamic Trade Finance Corporation (IFTC) has raised Egypt’s credit rating to USD 6 billion to address rising costs of wheat.
Islamic finance is a relatively new phenomenon, essentially emerging from obscurity around twenty years ago and supply has yet…
The Islamic Development Bank (IDB) has approved $189m in financing for development projects in several of its African member states…