Today’s Ṣukūk reissuance mark’s the IILM’s fifth auction for the year and garnered a strong demand from both Primary Dealers and investors with a combined orderbook of USD 1.63 billion, representing an average bid-to-cover ratio of 199% Kuala Lumpur, Malaysia – 2 May 2023. The International Islamic Liquidity Management Corporation (IILM), an international organisation…
The outcomes of the Governing Board meeting underscore our commitment to fostering a resilient Islamic finance market that aligns with the IILM mission and mandate Istanbul, Türkiye – 13 December 2023 The International Islamic Liquidity Management Corporation (IILM) convened its 31st Governing Board meeting on 12 December in Istanbul, Turkiye. During this session, key…
Today’s Ṣukūk reissuance, which marks the IILM’s fourth auction for the year, also featured the IILM’s fifth 12-month tenor since its introduction in 2022 Kuala Lumpur, Malaysia – 2 April 2024. The International Islamic Liquidity Management Corporation (IILM), an international organisation that develops and issues short-term Shari’ah-compliant financial instruments, has successfully completed its fourth auction…
Kuala Lumpur, Malaysia – 04 December 2019. Today, the International Islamic Liquidity Management Corporation (IILM) has successfully reissued USD 300 million A-1 short term Sukūk with 3-month tenor at a profit rate of 1.92%.
Comments are closed.