Islamic bonds gained for a fifth month, sending yields to the lowest levels since 2005, as faster growth in the Persian Gulf lured investors who expect new sales to recover after falling 27 percent this year. Sukuk Fifth Monthly Gain

Bank Indonesia, together with 10 other central banks and two multilateral organisations, signed an agreement on 25thOctober 2010 in Kuala Lumpur, Malaysia to establish the International Islamic Liquidity Management Corporation (IILM). This agreement, facilitated by the Islamic Financial Services Board (IFSB), marks collaboration regarding an array of elements involved with current global initiatives aimed at...

PETALING JAYA: The Islamic Financial Services Board-initiated move to set up International Islamic Liquidity Management Corp (IILM) to address volatility in financing at national level and across borders is timely as the newly-formed body will help make the industry more sustainable in the long term. Formation of IILM timely to address

Eleven central banks and two multilateral organisations today signed the Articles of Agreement for the establishment of the International Islamic Liquidity Management Corporation (IILM) marking their collaboration in a landmark global initiative that is aimed to assist institutions offering Islamic financial services in addressing their liquidity management in an efficient and effective manner. In addition,...

Kuala Lumpur, 25 October 2010 – Eleven central banks and two multilateral organisations today signed the Articles of Agreement for the establishment of the International Islamic Liquidity Management Corporation (IILM) marking their collaboration in a landmark global initiative that is aimed to assist institutions offering Islamic financial services in addressing their liquidity management in an...

The Bank of Mauritius (BoM) has, on 7 October 2010, signed the Memorandum of Participation for the establishment of the International Islamic Liquidity Management Corporation. Mauritius signs the memorandum of participation