Liquidity Management Solutions for Islamic Banks

In the last issue of this publication there were several articles that touched on the problems experienced by Islamic banks in the matter of liquidity instruments. Many of the instruments approved by regulatory bodies in the in the West are not open to Islamic banks, because they are not Shari’ah compliant. The establishment of the...

The IILM issues a total of USD 800 million Sukūk

    Strong global investor demand led to a total order book of USD 1.47 billion and a bid-to-cover ratio for the three Sukūk series of 190%.   Kuala Lumpur, Malaysia : Today, the International Islamic Liquidity Management Corporation (IILM) conducted its third auction of the year by issuing a total amount of USD 800…

The IILM Issues USD590 million Sukūk

Kuala Lumpur, Malaysia – 25 November 2014. The International Islamic Liquidity Management Corporation (IILM) is proud to announce that it has successfully conducted an auction for the amount of USD590 million Sukūk with 3 months tenor. The Sukūk issuance of USD590 million was made of: