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…

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The IILM concludes reissuance of USD 1.03 billion short-term Sukuk

The competitive tender witnessed a strong orderbook in excess of USD 1.86 billion, representing an average bid-to-cover ratio of 181% Kuala Lumpur, Malaysia – 07 June 2022. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of USD 1.03 billion short-term “A-1” rated Ṣukūk across three different tenors of one, three and…

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The IILM successfully reissues USD 600 million short-term Sukuk; second issuance in May 2022

The competitive tender witnessed a strong orderbook of approximately USD 1.14 billion, representing an average bid-to-cover ratio of 190% Kuala Lumpur, Malaysia – 24 May 2022. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of USD 600 million short-term “A-1” rated Ṣukūk across two different tenors of three and six-month respectively….

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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)…

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Sustained demand for the IILM’s USD 1.28 billion short-term Ṣukūk reissuance in April

Despite a challenging and highly volatile operating environment, we are pleased that the IILM is able to continue fulfilling the liquidity needs of the Islamic markets, with issuance for all tenors fully subscribed at a competitive all-in profit rates Kuala Lumpur, Malaysia – 18 April 2022. The International Islamic Liquidity Management Corporation (IILM) has successfully…

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The IILM reissues USD 1.2 billion short-term Ṣukūk

Further to today’s reissuance, the IILM has achieved year-to-date cumulative issuances totaling USD 3.41 billion through nine Ṣukūk series. Kuala Lumpur, Malaysia – 14 March 2022. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of USD 1.2 billion short-term “A-1” rated Ṣukūk across three different tenors of one, three, and six-month…

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