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.
Kuala Lumpur, Malaysia – 05 August 2019. Today, the International Islamic Liquidity Management Corporation (IILM) has successfully reissued A-1 short-term Sukūk amounting to USD 1.05 billion in three tranches with three different tenors of 1-month, 3-month and 6-month, respectively. The breakdown details of today’s reissuance are as follows: 1. USD 250 million with 1-month tenor…
Further to today’s reissuance, the IILM has achieved year-to-date cumulative issuances totaling USD 9.36 billion through 24 Ṣukūk series. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of USD 1.25 billion short-term “A-1” rated Ṣukūk across three different tenors of one, three, and six-month respectively. The three series were priced competitively…
Kuala Lumpur, Malaysia – 11 January, 2017. The International Islamic Liquidity Management Corporation (IILM) today announced that it has successfully conducted an auction of USD1.11 billion short-term Sukūk. The A-1 rated IILM Sukūk by Standard & Poor’s Rating Services were issued in two different series as follows: i)A USD260 million 2-month tenor priced at a…
The outcomes of the Governing Board meeting underscore our commitment to fostering a resilient Islamic finance market that aligns with the IILM mission and mandate Istanbul, Türkiye – 13 December 2023 The International Islamic Liquidity Management Corporation (IILM) convened its 31st Governing Board meeting on 12 December in Istanbul, Turkiye. During this session, key…
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