Recently, Standard & Poor’s rated the first finance program of the International Islamic Liquidity Management Corp. The organizati…
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October 19, 2012
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The IILM Announces Shareholding Changes
The International Islamic Liquidity Management Corporation (IILM) Governing Board wishes to announce the appointment of Dr. Rifaat Ahmed Abdel Karim as Chief Executive Officer of the IILM effective today, 19 October 2012.
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November 26, 2013
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The IILM Reissues its USD490 million Sukūk
Kuala Lumpur, Malaysia – The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that on 26 November 2013 it successfully conducted an auction for the reissuance of its USD 490 million short-term Sukūk, rated A-1 by Standard & Poor’s Rating Services.
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September 13, 2021
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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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December 6, 2010
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Shariah Banks Get Profit Boost With Money-Market Products: Islamic Finance
Islamic banks will be offered a range of new money-marketinstruments in coming months, allowing lenders to earn larger returns from excess cash stored at central banks or locked into longer-dated securities. Shariah Banks Get Profit Boost
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