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.
Kuala Lumpur, Malaysia – The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that on 25 February 2014 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. The Sukūk, which have a tenor of 3 months, were reissued with…
The outcomes of the Governing Board meeting underscore our commitment to fostering a resilient Islamic finance market that aligns with the IILM mission and mandate Istanbul, Türkiye – 13 December 2023 The International Islamic Liquidity Management Corporation (IILM) convened its 31st Governing Board meeting on 12 December in Istanbul, Turkiye. During this session, key…
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…
Kuala Lumpur, Malaysia – 12 May 2020. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total amount of USD 600 Million short-term A-1 rated Sukūk in two series as follows: a.USD 300 million with 1-month tenor at a profit rate of 0.33%; and b.USD 300 million with 3-month tenor at a profit…
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