
The IILM concludes reissuance of USD 1.16 billion short-term Ṣukūk
Today’s Ṣukūk reissuance, which marks the IILM’s ninth auction for the year, garnered a strong demand from both Primary Dealers and investors with a combined orderbook of USD 2.09 billion, representing an average bid-to-cover ratio of 180%. Kuala Lumpur, Malaysia – 5 September 2023. The International Islamic Liquidity Management Corporation (IILM), an international organisation…