Time: 9.30am – 12.30pm
Venue: Jakarta, Indonesia
Time: 9.30am – 12.30pm
Venue: Jakarta, Indonesia
Kuala Lumpur, Malaysia – 17 July 2014. The International Islamic Liquidity Management Corporation (IILM) is delighted to announce that it has today successfully reissued USD860 million short-term Sukūk. The 3-month tenor Sukūk rated A-1 by Standard & Poor’s Rating Services were priced with an average yield of 0.52310%. The USD860 million Sukūk were fully subscribed…
Today’s auction also witnessed the participation of new investors from across the GCC and Asia, namely an Oman-based bank, a Qatari bank, and asset managers from Singapore and Malaysia respectively. The increased participation by investors demonstrates the safe haven status of the IILM Ṣukūk in a highly volatile market environment Kuala Lumpur, Malaysia –…
As Islamic finance attracts greater demand, the IILM aims to solidify its position as a leading support hub for international Islamic finance. We are proud to be an integral part of the infrastructure to support Shari’ah compliant options for the global financial services market and our growing investor base USD7.23 bn short-term Ṣukūk issued in…
Despite the changing expectations surrounding the Federal Reserves’ decision on interest rates, we witnessed a healthy average bid-to-cover ratio of 244% across all three tenors, reflecting a booming demand for the IILM’s short-term Islamic papers Kuala Lumpur, Malaysia – 7 May 2024. The International Islamic Liquidity Management Corporation (IILM), an international organisation that develops and…
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