Indonesia to join International Islamic finance groupBI has also secured approval from the House of Representatives to join the newly established International Islamic Liquidity Management.
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October 25, 2010
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Eleven central banks and two multilateral organisations participate in International Islamic Liquidity Management Corporation initiative facilitated by the IFSB
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...
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October 10, 2010
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Establishment of IILM is a big relief
The announcement by the Islamic Development Bank (IDB) and the Islamic Financial Services Board (IFSB) last Thursday at the side of the International Monetary Fund (IMF)-World Bank Group annual meetings in Washington that a Memorandum of Participation has been signed for the establishment of the International Islamic Liquidity Management Corporation (IILM) has left the Islamic...
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April 6, 2013
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The IILM Inks landmark MoU with a Multilateral Development Bank to promote global cross-border Shari’ah-compliant liquidity management
Doha, Qatar – Today, the International Islamic Liquidity Management Corporation (The IILM) signed a Memorandum of Understanding (MoU) with the Asian Development Bank (“ADB”) to strengthen cooperation between the two organisations. The landmark MoU signing ceremony was held in Doha, State of Qatar and witnessed by the Central Banks and the Islamic Development Bank that…
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July 10, 2019
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Sukūk Reissuance of USD 550 million
Kuala Lumpur, Malaysia – 10 July 2019. Today, the International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total amount of USD 550 million short-term A-1 rated Sukūk in two series as follows; 1. USD 250 million with 2-week tenor at a profit rate of 2.48%; and 2. USD 300 million with 3-month tenor…
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