The IILM concludes reissuance of USD 1.16 billion short-term Ṣukūk

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…

Mauritius signs the memorandum of participation for the establishment of the international islamic liquidity management corporation

The Bank of Mauritius (BoM) has, on 7 October 2010, signed the Memorandum of Participation for the establishment of the International Islamic Liquidity Management Corporation. Mauritius signs the memorandum of participation

IFSB’s debut summit in Europe attracts widespread interest

This year’s 8th annual summit of the Islamic Financial Services Board (IFSB), scheduled to be held at the New Conference Centre Kirchberg in Luxembourg on May 10-13, is already making an impact.