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…

Furthermore, the IILM’s Ṣukūk issuances during the year accounts for 39% of total global US dollar Ṣukūk issuances. 2022 has been nothing short of an extraordinary year for the IILM, with multiple key achievements that validate the IILM’s short-term Ṣukūk programme as an integral part of the wider Islamic finance ecosystem   Kuala Lumpur, Malaysia…

Kuala Lumpur, Malaysia – 20 October 2014. The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it has today successfully conducted a reissuance of USD860 million short-term Sukūk. The 3- month tenor Sukūk were rated A-1 by Standard & Poor’s Rating Services and priced with an average yield of 0.51075%.

We are pleased that the IILM’s Ṣukūk issuance activities and overall mandate remain on solid footing, made possible by the strong relationship with the Primary Dealers and wider investor base, and continues unabated despite the difficulties posed by the pandemic The International Islamic Liquidity Management Corporation (“IILM”) is pleased to announce the top three most…