The IILM concludes the year with USD 1.1 billion short-term Ṣukūk reissuance; issued a total of USD 14.12 billion throughout 2021

the IILM has achieved year-to-date cumulative issuances totalling USD 14.12 billion across 36 US dollar-denominated short-term Ṣukūk series, which is the highest to date since our inaugural issuance in 2013 and a significant milestone in the organisation’s history The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it has successfully completed the…

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Sustained demand for the IILM’s USD 1.31 billion short-term Sukuk reissuance in November

While the IILM’s issuance this month appears to be quite sizeable at the tail end of the year, on the back of the markets’ intensifying expectations for a tighter policy by the Fed, we are pleased that the issuance for all tenors were fully subscribed at a competitive all-in profit rates The International Islamic Liquidity…

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IIFM and IILM host Seminar focusing on Global Benchmark Rate Reforms and Challenges posed to Islamic Finance at ISEF 2021

The situation we are facing today calls upon us to further progress and develop the Islamic financial markets globally, to be equipped with deeper Islamic money market instruments and an Islamic benchmark yield curve. Jakarta, Indonesia: The International Islamic Financial Market (IIFM) and the International Islamic Liquidity Management Corporation (IILM) hosted a joint awareness seminar…

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The IILM successfully concludes its 10th auction for 2021 with USD 1.15 billion short-term Sukuk

The IILM’s Islamic papers remain a go-to solution for investors to place short-term cash in the context of potential upcoming shift of global monetary conditions and investors’ anticipation of rising rates. The International Islamic Liquidity Management Corporation (IILM) has successfully completed its tenth auction for 2021 today, by reissuing a total of USD 1.15 billion…

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The IILM concludes reissuance of USD 1.2 billion short-term Ṣukūk

The competitive tender witnessed a strong orderbook in excess of USD 2.07 billion, representing an average oversubscription rate of 1.73 times. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of USD 1.2 billion short-term “A-1” rated Ṣukūk across three different tenors of one, three, and six-month respectively. The three series were…

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The IILM announces its top ranked Primary Dealers for first half of 2021

We are pleased that the IILM’s Ṣukūk issuance activities and overall mandate remain on solid footing, made possible by the strong relationship with the Primary Dealers and wider investor base, and continues unabated despite the difficulties posed by the pandemic The International Islamic Liquidity Management Corporation (“IILM”) is pleased to announce the top three most…

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