Recently, Standard & Poor’s rated the first finance program of the International Islamic Liquidity Management Corp. The organizati…
Recently, Standard & Poor’s rated the first finance program of the International Islamic Liquidity Management Corp. The organizati…
Doha, Qatar – In a key move aimed at creating a robust global cross-border market for Islamic financial instruments and strengthening the liquidity management of Institutions that offer Islamic Financial Services (IIFS), the Governing Board of the International Islamic Liquidity Management Corporation (the IILM), announced today in its 10th meeting in Doha, Qatar the official…
Today’s Ṣukūk reissuance, which marks the IILM’s ninth auction for the year, garnered a strong demand from both Primary Dealers and investors with a combined orderbook of USD 2.09 billion, representing an average bid-to-cover ratio of 180%. Kuala Lumpur, Malaysia – 5 September 2023. The International Islamic Liquidity Management Corporation (IILM), an international organisation…
With the conclusion of today’s successful issuance, the IILM has achieved year-to-date cumulative issuances totaling USD 11.52 billion across 36 US dollar-denominated short-term Ṣukūk series and crossing the USD 100 billion mark in total issuances since the organisation’s inception. Furthermore, the IILM’s Ṣukūk issuances during the year-to-date period accounts for approximately 20% of total global…
Further to today’s reissuance, the IILM has achieved year-to-date cumulative issuances totaling USD 12.67 billion through 34 Ṣukūk series Kuala Lumpur, Malaysia – 08 November 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 total of USD 1.12 billion short-term…
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