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# ITFC Finances US$ 100 Million to Boost Maldives Energy Sector
- URL: https://www.alwihdainfo.com/itfc-finances-us-100-million-to-boost-maldives-energy-sector-a60319/
- Published: 2017-12-31T13:03:40.000Z
- Updated: 2026-04-02T14:17:52.000Z
- Author: APO
- Tags: ACTUALITES, #Import 2026-04-02 14:16

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic Development Bank (IsDB) Group signed with the State Trading Organization (STO), a government owned company in the Republic of Maldives, a syndicated murabaha financing agreement for US$ 100 million. The Murabaha financing will secure more than 75% of the purchase of petroleum products \[…\]

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