🕌 Islamic finance solutions for factoring is an area of growing importance for the wider trade finance community, including FCI.
🤝 In fact, FCI signed an MoU with the International Islamic Trade Finance Corporation (ITFC) to promote Shariah-compliant Islamic International Factoring and expand cooperation with Islamic Banks. However, it takes a collaborative effort to educate the industry about Islamic factoring and financing before further growth can occur.
🗣️ That is why at the 56th Annual FCI Meeting in Seoul, Betül Kurtulus, Regional Director, FCI, was joined by Basel Al-Hussien, Senior Manager – Advisory, ITFC, to discuss the growth of Islamic international factoring and ITFC’s development of Islamic factoring solutions in collaboration with FCI.
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