Appointment of Chief Executive Officer and Shariah Committee of the IILM

Kuala Lumpur & Jeddah, 13 December 2010 / 7 Muharam 1432 - The International Islamic Liquidity Management Corporation (IILM) wishes to announce the appointment of Mr. Mahmoud AbuShamma as its first Chief Executive Officer (CEO) for a three-year tenure effective 1 February 2011. Appointment of Chief Executive Officer

The IILM successfully reissues a total of USD 1.12 billion short-term Ṣukūk

Today’s auction also marks the IILM’s second 12-month Ṣukūk offering, further exemplifying the IILM’s efforts to supply its Shari’ah-compliant paper across the short-term yield curve   Kuala Lumpur, Malaysia – 04 October 2022. The International Islamic Liquidity Management Corporation (IILM), an international organisation that develops and issues short-term Shari’ah-compliant financial instruments, has successfully reissued a…

The IILM successfully reissues USD 790 million short-term Ṣukūk

Today’s Ṣukūk reissuance, which marks the IILM’s seventh auction for the year, garnered a strong demand from both Primary Dealers and investors with a combined orderbook of USD 1.56 billion, representing an average bid-to-cover ratio of 198%   Kuala Lumpur, Malaysia – 11 July 2023. The International Islamic Liquidity Management Corporation (IILM), an international organisation…

The IILM Issues a total of USD 1.06 Billion Sukūk

Kuala Lumpur, Malaysia – 08 April 2020. The International Islamic Liquidity Management Corporation (IILM) has successfully conducted its auction amidst the challenging global market conditions by issuing three short-term A-1 rated Ṣukūk for a total amount of USD1.06 billion. The auction drew more than USD1.85 billion in demand with an average bid-to-cover ratio for the…