The IILM’s USD 1 billion short-term Ṣukūk oversubscribed by 1.54 times in first issuance of 2022

We are very pleased to kickstart the year on a solid footing, with today’s transaction’s coverage ratio and its competitive yield reflecting a strong appetite from both Primary Dealers and investors for high quality Shari’ah-compliant liquidity instruments Kuala Lumpur, Malaysia – 17 January 2022. The International Islamic Liquidity Management Corporation (IILM) is pleased to announce…

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The IILM announces its most active Primary Dealers for 2021

2021 proved to be another challenging year for global markets due to the continued disruption caused by Covid-19 and other forms of volatilities, yet the Primary Dealers and investors remained steadfast with the IILM’s Ṣukūk programme, which amounted to USD 14.12 billion across 36 Ṣukūk series during the year Kuala Lumpur, Malaysia – 13 January…

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The IILM announces leadership changes for 2022

I commend the IILM for its excellent work over the years, and on behalf of the IILM members, we look forward to the organisation’s mandates in 2022 to further enhance financial stability of IIFS through Ṣukūk issuances as well as initiatives to promote cross-border liquidity management infrastructure and to further strengthen co-operation among the IILM…

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The IILM concludes the year with USD 1.1 billion short-term Ṣukūk reissuance; issued a total of USD 14.12 billion throughout 2021

the IILM has achieved year-to-date cumulative issuances totalling USD 14.12 billion across 36 US dollar-denominated short-term Ṣukūk series, which is the highest to date since our inaugural issuance in 2013 and a significant milestone in the organisation’s history The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it has successfully completed the…

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Sustained demand for the IILM’s USD 1.31 billion short-term Sukuk reissuance in November

While the IILM’s issuance this month appears to be quite sizeable at the tail end of the year, on the back of the markets’ intensifying expectations for a tighter policy by the Fed, we are pleased that the issuance for all tenors were fully subscribed at a competitive all-in profit rates The International Islamic Liquidity…

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IIFM and IILM host Seminar focusing on Global Benchmark Rate Reforms and Challenges posed to Islamic Finance at ISEF 2021

The situation we are facing today calls upon us to further progress and develop the Islamic financial markets globally, to be equipped with deeper Islamic money market instruments and an Islamic benchmark yield curve. Jakarta, Indonesia: The International Islamic Financial Market (IIFM) and the International Islamic Liquidity Management Corporation (IILM) hosted a joint awareness seminar…

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