The outcomes of the Governing Board meeting underscore our commitment to fostering a resilient Islamic finance market that aligns with the IILM mission and mandate   Istanbul, Türkiye – 13 December 2023 The International Islamic Liquidity Management Corporation (IILM) convened its 31st Governing Board meeting on 12 December in Istanbul, Turkiye. During this session, key…

With the conclusion of today’s successful issuance, the IILM has achieved year-to-date cumulative issuances totaling USD 11.52 billion across 36 US dollar-denominated short-term Ṣukūk series and crossing the USD 100 billion mark in total issuances since the organisation’s inception. Furthermore, the IILM’s Ṣukūk issuances during the year-to-date period accounts for approximately 20% of total global…

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…