Kuala Lumpur, Malaysia – 3 April 2013. The International Islamic Liquidity Management Corporation (the IILM) has announced a restructuring of its shareholding. The IILM has eleven shareholders consisting of central banks, monetary authorities and one multilateral institution. With the restructuring, the number of shareholders becomes ten. The total paid-up capital however remains unchanged. The Central…
Kuala Lumpur, Tuesday 2nd April 2013 – The International Islamic Liquidity Management Corporation (the IILM) notes that there has been speculation and comment in certain media regarding the IILM. The IILM has no comment to make at this point in time and will make official announcements in due course and when it is appropriate via…
The International Islamic Liquidity Management Corporation (IILM) Governing Board wishes to announce the appointment of Dr. Rifaat Ahmed Abdel Karim as Chief Executive Officer of the IILM effective today, 19 October 2012.
Kuala Lumpur, 18 November 2011 – The Council of the Islamic Financial Services Board (IFSB) has yesterday resolved to admit seven organisations into the IFSB membership. An international inter-governmental organisation, two supervisory authorities, two financial institutions and two professional firms have been admitted as Associate and Observer Members.
JAKARTA, July 19 (Bernama): The main challenge now for the International Liquidity Management Corporation (IILM), perhaps, is to find the most common denominator among the jurisdictions for the global Islamic finance market, said Chief Executive Officer Mahmoud AbuShamma.
