Liquidity Management Solutions for Islamic Banks

In the last issue of this publication there were several articles that touched on the problems experienced by Islamic banks in the matter of liquidity instruments. Many of the instruments approved by regulatory bodies in the in the West are not open to Islamic banks, because they are not Shari’ah compliant. The establishment of the...

The IILM issues USD 900 million Sukūk

Kuala Lumpur, Malaysia – 08 September 2020. The International Islamic Liquidity Management Corporation (IILM) has successfully conducted an auction for a total issuance of USD 900 million short-term A-1 rated Ṣukūk in two series of 1-month and 3-month tenors, respectively. Read More (English)

The IILM announces its most active Primary Dealers for 2021

2021 proved to be another challenging year for global markets due to the continued disruption caused by Covid-19 and other forms of volatilities, yet the Primary Dealers and investors remained steadfast with the IILM’s Ṣukūk programme, which amounted to USD 14.12 billion across 36 Ṣukūk series during the year Kuala Lumpur, Malaysia – 13 January…