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.

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.
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…
Kuala Lumpur, Malaysia – 19 January 2015. The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it has today successfully reissued 3-month tenor USD860 million short-term Sukūk. The Sukūk, rated A-1 by Standard & Poor’s Rating Services, were priced with an average yield of 0.55260 %.
The competitive tender resulted in significant interest from GCC and Asia-based Primary Dealers as well as other jurisdictions, with a strong orderbook in excess of USD 2.1 billion representing an average oversubscription rate of 1.5 times. Kuala Lumpur, Malaysia – 16 March 2021.The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it…
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