Shariah Money Markets Expand With First Global Bill Sales Islamic FinanceThe first global Shariah-compliant money-market securities may be sold early next year, providing Islamic banks with more opportunities to invest reserves and boost profits.
Shariah Money Markets Expand With First Global Bill Sales Islamic FinanceThe first global Shariah-compliant money-market securities may be sold early next year, providing Islamic banks with more opportunities to invest reserves and boost profits.
Kuala Lumpur, Malaysia – 25 August 2014. The International Islamic Liquidity Management Corporation (IILM) wishes to announce that today it has successfully conducted an auction for the amount of USD790 million Sukūk, which was issued in two different tenors.
Kuala Lumpur, Malaysia – Today, the IILM is pleased to announce that it has successfully conducted the auction of its inaugural USD denominated short-term Sukūk of USD490 million, rated A-1 by Standard & Poor’s Rating Services. The Sukūk have a tenor of 3 months and were priced at LIBOR + 30bps. The USD490 million Sukūk…
Kuala Lumpur, Malaysia – 21 July 2020. The International Islamic Liquidity Management Corporation (IILM) has successfully issued a total amount of USD 490 million short-term A-1 rated Sukūk of 6-month tenor. Read More (English)
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