Skip to content

A digest of news and opinion from the Maldives.

International Islamic Trade Finance Corporation

International Islamic Trade Finance Corporation Signs US$5 Million Murabaha Financing Facility to Support SMEs

International Islamic Trade Finance Corporation Signs US$5 Million Murabaha Financing Facility to Support SMEs

2 min read

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has approved a US$5 million Murabaha Financing Facility in favour of Bank of Maldives to support the Bank’s private sector businesses, particularly SMEs importing raw materials from the international markets. Bank of Maldives is the first partner institution in […]