The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB),  has announced its active involvement in supply chain finance (SCF)  to empower small and medium-sized enterprises (SMEs) in accessing both global and local markets.
 This initiative is a collaboration between the International Finance Corporation (IFC), the African Export-Import Bank (Afreximbank), the Asian Development Bank (ADB), the European Bank for Reconstruction and Development (EBRD), IsDB, and ITFC.
ITFC emphasized that increasing SMEs' participation in global value chains enhances trade opportunities and promotes improved environmental and social practices.
This is facilitated through the Supply Chain Finance Task Force, which operates under the Multilateral Development Banks (MDBs) Working Group of the World Trade Organization (WTO).
 Involving SMEs in global value chains creates better opportunities for trade, value integration, and positive performance incentives.