The International Islamic Trade Finance Corporation (ITFC) has increased its trade finance facility for Bangladesh to $3.3 billion for fiscal year 2026-27.
The expanded credit line is designed to support the country's imports of critical energy commodities, including fuel oil and liquefied natural gas (LNG), as well as fertilizers.
The move underscores the growing reliance on Islamic finance mechanisms to secure energy supply chains in emerging markets.
By raising the facility cap, ITFC aims to provide greater liquidity to Bangladeshi importers, helping to stabilize domestic energy availability amid global price volatility.
Bangladesh remains a significant consumer of LNG and fuel oil in South Asia, with import costs often straining the national trade balance.
The additional financing capacity is expected to facilitate smoother procurement cycles for state-owned and private energy distributors, reducing the risk of supply bottlenecks during peak demand periods.