Dr. Umar further noted that though there have been significant and pioneering efforts made by the IIFM, the AAOIFI and the IFSB in relation to developing and harmonizing Islamic repo structures and documentation across jurisdictions, there was still room for enhancement to ensure that the Islamic repo framework represents a widely accepted cross-border Islamic liquidity…
Today’s issuance also signifies the IILM crossing the USD 100 billion mark in total issuances since the organisation’s inception, demonstrating our commitment in providing Islamic financial institutions with access to high-quality liquid assets (HQLA) via our short-term Ṣukūk instruments on a consistent and regular basis Kuala Lumpur, Malaysia – 7 November 2023. The International…
We are extremely pleased with the outcome of this latest auction (the second for this month), bringing the IILM’s outstanding asset portfolio to an all-time high of USD 4.5 billion Kuala Lumpur, Malaysia – 19 November 2024. The International Islamic Liquidity Management Corporation (IILM), an international organisation that develops and issues short-term Shari’ah-compliant financial…
The issuance marks the first transaction for 2021 and forms part of the IILM’s “A-1” rated USD4.0 billion short-term issuance programme. The auction garnered favourable demand from both Primary Dealers and investors with a combined orderbook in excess of USD 2,079 million, representing an average oversubscription ratio of 1.8 times. Kuala Lumpur, Malaysia – 19…
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