Shariah Banks Get Profit BoostIslamic banks will be offered a range of new money-marketinstruments in coming months, allowing lenders to earn larger returns from excess cash stored at central banks or locked into longer-dated securities.
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Shariah Banks Get Profit BoostIslamic banks will be offered a range of new money-marketinstruments in coming months, allowing lenders to earn larger returns from excess cash stored at central banks or locked into longer-dated securities.
Kuala Lumpur, Malaysia – 08 May 2019. Today the International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total amount of USD 600 million short-term A-1 Sukūk rated by Standard & Poor’s in two series as follows: 1. USD 200 million with 1-month tenor at a profit rate of 2.63%; and 2. USD 400…
Kuala Lumpur, Malaysia – 14 January, 2016. The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it has successfully reissued USD860 million 3-month tenor Sukūk priced at 1.07360% profit rate.
Kuala Lumpur, Malaysia – 17 July 2014. The International Islamic Liquidity Management Corporation (IILM) is delighted to announce that it has today successfully reissued USD860 million short-term Sukūk. The 3-month tenor Sukūk rated A-1 by Standard & Poor’s Rating Services were priced with an average yield of 0.52310%. The USD860 million Sukūk were fully subscribed…
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