The IILM receives sustained demand for its USD 1.12 billion short-term Ṣukūk reissuance in November

Further to today’s reissuance, the IILM has achieved year-to-date cumulative issuances totaling USD 12.67 billion through 34 Ṣukūk series   Kuala Lumpur, Malaysia – 08 November 2022. The International Islamic Liquidity Management Corporation (IILM), an international organisation that develops and issues short-term Shari’ah-compliant financial instruments, has successfully reissued a total of USD 1.12 billion short-term…

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The IILM successfully reissues a total of USD 1.12 billion short-term Ṣukūk

Today’s auction also marks the IILM’s second 12-month Ṣukūk offering, further exemplifying the IILM’s efforts to supply its Shari’ah-compliant paper across the short-term yield curve   Kuala Lumpur, Malaysia – 04 October 2022. The International Islamic Liquidity Management Corporation (IILM), an international organisation that develops and issues short-term Shari’ah-compliant financial instruments, has successfully reissued a…

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The IILM receives second international rating of “F1” from Fitch Ratings for its USD 4 billion short-term Ṣukūk programme

The second rating received by the IILM from Fitch reaffirms the strong fundamentals of the IILM Ṣukūk and solidifies the IILM’s Ṣukūk programme that serves the global financial services market’s need for Shari’ah compliant instruments Kuala Lumpur, Malaysia – 28 September 2022. Today, the International Islamic Liquidity Management Corporation (IILM), an international organisation that develops…

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The IILM concludes reissuance of USD 1.34 billion short-term Ṣukūk

Given the size of the issuance today, which is the IILM’s largest Ṣukūk issuance for the year to date, we are very pleased with a successful auction that saw the offerings being oversubscribed Kuala Lumpur, Malaysia – 06 September 2022. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of USD 1.34…

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The IILM successfully reissues USD 1.03 billion short-term Sukuk

Further to today’s reissuance, the IILM has achieved year-to-date cumulative issuances totaling USD 9.09 billion through 22 Ṣukūk series Kuala Lumpur, Malaysia – 02 August 2022. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of USD 1.03 billion short-term “A-1” rated Ṣukūk across three different tenors of one, three and six-month…

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The IILM achieves key milestone with successful issuance of inaugural 12-month “A-1” rated cross-border USD Sukuk

This auction is indeed a landmark for us, as it marks the IILM’s inaugural issuance of a 12-month tenor Ṣukūk and we are glad that it was well received by the market, with the demand for the tranche reaching 1.85 times the issuance size (of USD 250 million) Kuala Lumpur, Malaysia – 04 July 2022….

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International Islamic Liquidity Management Corporation’s Governing Board lauds regular supply of short-term Ṣukūk

As Islamic finance attracts greater demand, the IILM aims to solidify its position as a leading support hub for international Islamic finance. We are proud to be an integral part of the infrastructure to support Shari’ah compliant options for the global financial services market and our growing investor base USD7.23 bn short-term Ṣukūk issued in…

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The IILM concludes reissuance of USD 1.03 billion short-term Sukuk

The competitive tender witnessed a strong orderbook in excess of USD 1.86 billion, representing an average bid-to-cover ratio of 181% Kuala Lumpur, Malaysia – 07 June 2022. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of USD 1.03 billion short-term “A-1” rated Ṣukūk across three different tenors of one, three and…

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The IILM successfully reissues USD 600 million short-term Sukuk; second issuance in May 2022

The competitive tender witnessed a strong orderbook of approximately USD 1.14 billion, representing an average bid-to-cover ratio of 190% Kuala Lumpur, Malaysia – 24 May 2022. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of USD 600 million short-term “A-1” rated Ṣukūk across two different tenors of three and six-month respectively….

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The IILM successfully reissues USD 910 million short-term Sukuk

We made a strategic decision to split the May auction into two, given the current market conditions, especially with the recent rate hike by the US Federal Reserve of its benchmark interest rate by half a percentage point (50 basis point) Kuala Lumpur, Malaysia – 11 May 2022. The International Islamic Liquidity Management Corporation (IILM)…

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Sustained demand for the IILM’s USD 1.28 billion short-term Ṣukūk reissuance in April

Despite a challenging and highly volatile operating environment, we are pleased that the IILM is able to continue fulfilling the liquidity needs of the Islamic markets, with issuance for all tenors fully subscribed at a competitive all-in profit rates Kuala Lumpur, Malaysia – 18 April 2022. The International Islamic Liquidity Management Corporation (IILM) has successfully…

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The IILM reissues USD 1.2 billion short-term Ṣukūk

Further to today’s reissuance, the IILM has achieved year-to-date cumulative issuances totaling USD 3.41 billion through nine Ṣukūk series. Kuala Lumpur, Malaysia – 14 March 2022. 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…

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