Islamic liquidity body hires CEODec 15 (Reuters) – The International Islamic Liquidity Management Corporation, an industry body designed to help Islamic banks manage their risks, has named Mahmoud AbuShamma as chief executive officer.
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Islamic liquidity body hires CEODec 15 (Reuters) – The International Islamic Liquidity Management Corporation, an industry body designed to help Islamic banks manage their risks, has named Mahmoud AbuShamma as chief executive officer.
The IILM achieved a critical milestone in 2023 when it crossed the USD 100 billion mark in total issuances since the organisation’s inception, and this would not have been possible without the tremendous support of the Primary Dealers. They have played a pivotal role in ensuring that the IILM’s short-term liquidity instruments continue to support…
Today’s Ṣukūk reissuance, which marks the IILM’s fourth auction for the year, also featured the IILM’s fifth 12-month tenor since its introduction in 2022 Kuala Lumpur, Malaysia – 2 April 2024. The International Islamic Liquidity Management Corporation (IILM), an international organisation that develops and issues short-term Shari’ah-compliant financial instruments, has successfully completed its fourth auction…
We are pleased to start the year on a strong and positive note, with today’s first transaction of the year witnessing a healthy coverage ratio and its competitive yield reflecting a strong demand for high quality Shari’ah-compliant liquidity instruments Kuala Lumpur, Malaysia – 17 January 2023. The International Islamic Liquidity Management Corporation (IILM), an…
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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