World

ITFC surpasses $100bn in cumulative trade finance approvals

RIYADH: Operations supported by the International Islamic Trade Finance Corp. helped provide food access to 24 million households and electricity access to 17.8 million households in 2025, as the Jeddah-based institution surpassed $100 billion in cumulative trade finance approvals since 2008. The corporation, the trade finance arm of the Islamic Development Bank Group, also reached around 460,000 farmers and provided access to finance for 546 companies and small and medium-sized businesses in 2