Doha, Qatar – Today, the International Islamic Liquidity Management Corporation (The IILM) signed a Memorandum of Understanding (MoU) with the Asian Development Bank (“ADB”) to strengthen cooperation between the two organisations. The landmark MoU signing ceremony was held in Doha, State of Qatar and witnessed by the Central Banks and the Islamic Development Bank that…

Kuala Lumpur, Malaysia – 3 April 2013. The International Islamic Liquidity Management Corporation (the IILM) has announced a restructuring of its shareholding. The IILM has eleven shareholders consisting of central banks, monetary authorities and one multilateral institution. With the restructuring, the number of shareholders becomes ten. The total paid-up capital however remains unchanged. The Central…

Kuala Lumpur, Tuesday 2nd April 2013 – The International Islamic Liquidity Management Corporation (the IILM) notes that there has been speculation and comment in certain media regarding the IILM. The IILM has no comment to make at this point in time and will make official announcements in due course and when it is appropriate via…