Türkiye’s well-developed infrastructure and robust network of participation banks, underpinned by solid support from the government and various key domestic and international stakeholders, will be an attractive prospect for potential investors and position the country as a destination for Islamic finance   Istanbul, Türkiye – 15 December 2023. The International Islamic Liquidity Management Corporation (IILM)…

In the face of uncertainties, market players in the Islamic finance sector will need to continue to explore innovative tools to address the industry’s evolving liquidity management needs   Istanbul, Türkiye – 14 December 2023.   The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it successfully organised the ‘Islamic Liquidity Management…

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…