Islamic Finance

ITFC supports Senegal’s COVID-19 plan with EUR 8 million disbursement for the private sector


(Dakar, Senegal, 02 June 2020) – The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has approved a Murabaha Financing of EUR 8 million for the Senegalese bank, Banque Islamique du Sénégal (BIS), to support the Bank’s trade finance operations within Senegal’s private sector.

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