The IILM concludes its seventh auction for 2021 with USD 1.1 billion short-term Ṣukūk

Dr. Umar Oseni, Chief Executive Officer of the IILM, said: “We are pleased with the conclusion of today’s USD 1.1 billion auction, just before the Eid al-Adha holidays. The competitive demand and strong appetite from investors for high quality Islamic short-term papers reflects a continued positive market trend at the start of the second half…

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The IILM hosts its 5th Shari’ah Roundtable focusing on Shari’ah Compliant Repo Market

Dr. Umar further noted that though there have been significant and pioneering efforts made by the IIFM, the AAOIFI and the IFSB in relation to developing and harmonizing Islamic repo structures and documentation across jurisdictions, there was still room for enhancement to ensure that the Islamic repo framework represents a widely accepted cross-border Islamic liquidity…

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The IILM hosts its 5th Shari’ah Roundtable focusing on Shari’ah Compliant Repo Market

Dr. Umar further noted that though there have been significant and pioneering efforts made by the IIFM, the AAOIFI and the IFSB in relation to developing and harmonizing Islamic repo structures and documentation across jurisdictions, there was still room for enhancement to ensure that the Islamic repo framework represents a widely accepted cross-border Islamic liquidity…

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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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