liquidity management is a critical aspect of any financial system, and I applaud the IILM’s commitment in staying at the forefront of these developments and continuously adapting to better serve the wider Islamic finance industry   Doha, Qatar – 9 November 2023. The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it…

Today’s issuance also signifies the IILM crossing the USD 100 billion mark in total issuances since the organisation’s inception, demonstrating our commitment in providing Islamic financial institutions with access to high-quality liquid assets (HQLA) via our short-term Ṣukūk instruments on a consistent and regular basis   Kuala Lumpur, Malaysia – 7 November 2023. The International…

We are pleased that the 12-month tenor Ṣukūk, which was issued for the fourth time since its introduction last year, received overwhelming demand with subscription level reaching 2.4 times the offered amount   Kuala Lumpur, Malaysia – 3 October 2023. The International Islamic Liquidity Management Corporation (IILM), an international organisation that develops and issues short-term…

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…

We are indeed pleased with today’s auction that saw the 6-month tenor, especially, fully covered within the first five minutes, reflecting investors healthy appetite for the tenor. Today’s auction is also made more meaningful as it marks 10 years since the IILM issued its inaugural short-term Ṣukūk in August 2013   Kuala Lumpur, Malaysia –…

Today’s Ṣukūk reissuance, which marks the IILM’s seventh auction for the year, garnered a strong demand from both Primary Dealers and investors with a combined orderbook of USD 1.56 billion, representing an average bid-to-cover ratio of 198%   Kuala Lumpur, Malaysia – 11 July 2023. The International Islamic Liquidity Management Corporation (IILM), an international organisation…