Arab Trade Financing Programme

EENI- School of International Business

Sub-subject: The Arab Trade Financing Programme (ATFP). Syllabus:

1. Introduction to the Arab Trade Financing Programme (Emirates)
2. Promotion of the intra-Arab trade
3. Support for the Arab Free Trade Zone
4. Financing tools in accordance with the Islamic Sharia

Sample of the Sub-subject: The Arab Trade Financing Programme (ATFP)

Description of the Sub-Subject: The Arab Trade Financing Programme

Financial institution (Arab Development Funds): The Arab Trade Financing Programme (ATFP).

1. Created in 1989 in Abu Dhabi (United Arab Emirates)
2. The main objective is to promote intra-Arab trade
3. Support to the Arab Free Trade Zone
4. The Arab Trade Financing Programme is the promoter of the Intra-Arab Trade Information Network (IATIN)
5. Financing tools in accordance with the Islamic Sharia: financing, forfeiting, lines of credit
6. Eligible products and services should be considered as “Arab origin” (entirely manufactured in an Arab nation, or 40% of local added value)
7. Finance of imports of capital goods
8. Pre-export and import credits
9. Post-shipment credits
10. The Arab Trade Financing Programme (ATFP) is a Muslim fund of the Islamic Civilisation

Beneficiary countries of the Arab Trade Financing Programme:

1. Africa: Algeria, Djibouti, Egypt, Libya, Morocco, Mauritania, Somalia, Sudan, and Tunisia
2. The Middle East: Bahrain, Iraq, Jordan, Kuwait, Lebanon, Oman, Palestine, Qatar, Saudi Arabia, Syria, the United Arab Emirates, and Yemen