The IILM reissues USD 740 million short-term Ṣukūk

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…

Liquidity management body to facilitate investment flows

Governors and representatives from 12 central banks and two multilateral organisations signed on Monday the articles of agreement for the establishment of the International Islamic Liquidity Management Corporation (IILM). The signing ceremony was the highlight at the opening ceremony of the Global Islamic Finance Forum. Liquidity management body to facilitate investment flows

The IILM issues USD 1.06 billion Sukūk

Kuala Lumpur, Malaysia – 11 August 2020. The International Islamic Liquidity Management Corporation (IILM) has successfully conducted an auction for a total issuance of USD 1.06 billion short-term A-1 rated Sukūk in three series of 1-month, 3-month and 7-month tenor, respectively. Read More (English)

The IILM signs a Memorandum of Understanding with African Development Bank to promote global cross-border Shari’ah-compliant liquidity management

Tunis 24 June 2013 – Today, the International Islamic Liquidity Management Corporation (The IILM) signed a Memorandum of Understanding (“MoU”) with the African Development Bank (“AfDB”) to strengthen cooperation between the two organisations. The MoU represents another milestone for the IILM following the first MoU, which it signed with the Asian Development Bank (“ADB”) on…