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.

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.
Against a backdrop of cautious market sentiments, the IILM has successfully secured strong demand from the market with an order book in excess of USD 1.56 billion, representing an average oversubscription ratio of 145% Kuala Lumpur, Malaysia: The International Islamic Liquidity Management Corporation (IILM) announced that it has successfully reissued a combined total of…
Kuala Lumpur, Malaysia – 23 May 2019. Today the International Islamic Liquidity Management Corporation (IILM) has successfully issued a total amount of USD 150 million short-term A-1 Sukūk rated by Standard & Poor’s under a new series with a 3-week tenor at a 2.54% profit rate. Read More (English)
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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