ITFC Signs EUR 20 million Murabaha Agreement with Albaraka Turk to Empower Turkiye's Private Sector
Turkey, Dec. 24 -- The International Islamic Trade Finance Corporation (ITFC) has signed a EUR 20 million Murabaha Agreement with Albaraka Turk Kat?l?m Bankas? A.?., a pioneer of participation banking in Turkiye. The facility expands access to Shariah-compliant trade finance solutions for Turkiye's private sector clients - particularly small and medium-sized enterprises (SMEs) - to support import needs and pre-export transactions of essential goods and commodities, reinforcing ITFC's commitment to inclusive and sustainable private-sector growth in Turkiye. This agreement is aligned with ITFC's broader strategy in Turkiye, where the Corporation has committed significant resources to empowering the private sector through targeted trade financ...
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