The International Islamic Trade Finance Corporation (ITFC) was awarded “Best Islamic Trade Finance Institution 2018” at the Eight Global Islamic Finance Awards (GIFA) on September 29, 2018, held in Sarajevo, Bosnia and Herzegovina.
The award was accepted by Eng. Hani Salem Sonbol, Chief Executive Officer of ITFC, in the presence of the President of Bosnia and Herzegovina, His Excellency, Bakir Izetbegović.
Since its inception in 2008, ITFC, a member of the Islamic Development Bank Group (IsDB), has risen to become one of the world’s most important facilitators of trade and financing in the Organisation of Islamic Cooperation (OIC) countries.
In a release to our reporter, Eng. Sonbol said, “ITFC is honoured to accept this award from GIFA, which comes as a momentous milestone as we commemorate 10 years of development impact.
“The award is a validation of ITFC’s founding values of advancing trade and improving lives through Islamic trade finance. The recognition underscores the ever growing importance, relevance and viability of Islamic trade finance in rising above today’s global market volatility to do its part in facilitating a new era of global trade,” he said.