The IILM concludes issuance of USD900 million short-term Ṣukūk

Today’s Ṣukūk reissuance witnessed strong demand from Primary Dealers and investors mainly across Middle East and Asia, with an encouraging orderbook in excess of USD 1.4 billion representing an average oversubscription rate of 1.6 times. The International Islamic Liquidity Management Corporation (IILM) has successfully closed its issuance calendar for the 2nd Quarter of 2021 today,…

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The IILM issues USD1.11 billion of short-term Ṣukūk

Today’s Ṣukūk reissuance resulted in strong demand from Islamic Primary Dealers and investors especially from GCC, with a strong orderbook in excess of USD 1.63 billion representing an average oversubscription rate of 1.48 times. Kuala Lumpur, Malaysia – 4 May 2021.The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it has successfully…

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Strong demand sustained for the IILM’s short-term Ṣukūk

The transaction comprised USD 400 million 1-month tenor priced at 0.33%, USD 450 million 3-month at 0.36% and USD 250 million 6-month at 0.40%. Kuala Lumpur, Malaysia – 13 April 2021.The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it has successfully completed the auction for the reissuance of an aggregate of…

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The IILM concludes its third auction for 2021 for USD1.40 billion short-term Ṣukūk

The competitive tender resulted in significant interest from GCC and Asia-based Primary Dealers as well as other jurisdictions, with a strong orderbook in excess of USD 2.1 billion representing an average oversubscription rate of 1.5 times. Kuala Lumpur, Malaysia – 16 March 2021.The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it…

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The IILM concludes its second auction for 2021 with the highest reissuance amount of USD1.35 billion short-term Ṣukūk

Today’s second issuance of the year marks another milestone for the IILM as its highest issuance size since inception. The IILM’s engagement and partnership with its Primary Dealers and investors across various jurisdictions have resulted in robust demand for its Ṣukūk in the current low rate market environment. Kuala Lumpur, Malaysia – 15 February 2021….

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