March 12, 2025, between Tunisia and the International Islamic Trade Finance Corporation (ITFC), concerning a Mourabaha agreement worth $70 million (approximately TND 217 million).
The agreement was concluded between STEG (Tunisian Company of Electricity and Gas) and the ITFC. It aims to support the financing of natural gas imports.
The funds, which will be mobilized through the Mourabaha mechanism, an Islamic-compliant financing method involving resale at cost plus a known and agreed profit margin—will enable STEG to increase its natural gas purchases to meet growing electricity demand during the summer, according to a document issued by the Presidency of the Republic.
This Mourabaha agreement is part of broader efforts to diversify funding sources, ensuring that STEG can meet its contractual obligations to suppliers and contribute to energy security in Tunisia.
