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.
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.
Kuala Lumpur, Malaysia – 3 April 2013. The International Islamic Liquidity Management Corporation (the IILM) has announced a restructuring of its shareholding. The IILM has eleven shareholders consisting of central banks, monetary authorities and one multilateral institution. With the restructuring, the number of shareholders becomes ten. The total paid-up capital however remains unchanged. The Central…
Further to today’s reissuance, the IILM has achieved year-to-date cumulative issuances totaling USD 9.36 billion through 24 Ṣukūk series. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of USD 1.25 billion short-term “A-1” rated Ṣukūk across three different tenors of one, three, and six-month respectively. The three series were priced competitively…
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…
Kuala Lumpur, Malaysia – 20 August, 2015. The International Islamic Liquidity Management Corporation (the IILM) is pleased to announce that it has successfully reissued USD990 million short-term Sukūk today. This is in line with its core strategy to issue Sukūk on a regular basis to facilitate liquidity management for institutions that offer Islamic financial services.
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