UK High Court wades into Dubai trade finance fraud case
27-07-22 / by Felix Thompson
The UK High Court has sided with the Dubai Islamic Bank in the latest episode...Murabaha
SABB launches new sharia-compliant inventory financing solution
30-03-22 / by Felix Thompson
Saudi British Bank (SABB) has completed its first sharia-compliant inventory finance transaction, as it works...
Rasmala sues Trafigura over alleged fraudulent coal trades
19-05-21 / by John Basquill
A trade finance fund owned by Dubai’s Rasmala Investment Bank is suing Trafigura over a...
ITFC and Mizuho pen US$100mn trade finance agreement
22-09-20 / by Felix Thompson
The International Islamic Trade Finance Corporation (ITFC) has signed a sharia-compliant revolving trade finance facility...
Afreximbank strikes deal with ITFC to boost support for food exports
07-07-20 / by Felix Thompson
In a bid to help agricultural exporters in Africa weather the Covid-19 crisis, the International...
ITFC moves to support trade finance in struggling Senegal
10-06-20 / by Felix Thompson
With Senegal’s economy rocked by the impact of coronavirus, the International Islamic Trade Finance Corporation...
ITFC backs Uzbekistan agribusiness trade with pilot project
11-12-19 / by Felix Thompson
The International Islamic Trade Finance Corporation (ITFC) says it has struck its first sovereign deal...
Murabaha first for DMCC
02-04-13 / by GTR
The Dubai Multi Commodities Centre (DMCC) has hosted the first murabaha transaction on its Tradeflow...
Islamic loan for United Gulf
15-11-05 / by GTR
United Gulf (UGB) as borrower has raised a US$100mn three-year mudaraba restricted with revolving commodity...