JEDDAH — The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank Group, and Asia Alliance Bank, a joint-stock commercial bank in the Republic of Uzbekistan signed Wednesday a line of Murabaha Trade Financing Agreement.

This is the first operation of ITFC in Uzbekistan, and it marks the start of the implementation of $100 million Framework Agreement, signed between Uzbekistan and ITFC on the March 6, 2018.