The IILM successfully reissues USD 910 million short-term Sukuk

We made a strategic decision to split the May auction into two, given the current market conditions, especially with the recent rate hike by the US Federal Reserve of its benchmark interest rate by half a percentage point (50 basis point) Kuala Lumpur, Malaysia – 11 May 2022. The International Islamic Liquidity Management Corporation (IILM)…

BI forms International Islamic Liquidity Management Corporation (IILM)

Bank Indonesia, together with 10 other central banks and two multilateral organisations, signed an agreement on 25thOctober 2010 in Kuala Lumpur, Malaysia to establish the International Islamic Liquidity Management Corporation (IILM). This agreement, facilitated by the Islamic Financial Services Board (IFSB), marks collaboration regarding an array of elements involved with current global initiatives aimed at...

International Islamic Liquidity Management Corporation’s Governing Board lauds regular supply of short-term Ṣukūk

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…

Signing of the Articles of Agreement of the International Islamic Liquidity Management Corporation (IILM)

HE the Governor of Qatar Central Bank attended the signing of the Articles of Agreement (AA) of the International Islamic Liquidity Management Corporation (IILM) on Monday, October 25th, 2010 in Kuala Lumpur, Malaysia. The signing ceremony was witnessed by HE the Malaysian Prime Minister, Dato’ Sri Mohd Najib Tun Haji Abdul Razak, Crown Prince of...