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September 11, 2019
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The IILM Reissues USD 1.11 billion Sukūk
Kuala Lumpur, Malaysia – 11 September 2019. Today, the International Islamic Liquidity Management Corporation (IILM) has successfully reissued A-1 short-term Sukūk amounting to USD 1.11 billion in three tranches with three different tenors of 1-month, 3-month and 6-month. The breakdown of today’s reissuances is as follows: 1. USD 450 million with 1-month tenor at a…
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October 20, 2014
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The IILM Reissues USD860 million Sukūk
Kuala Lumpur, Malaysia – 20 October 2014. The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it has today successfully conducted a reissuance of USD860 million short-term Sukūk. The 3- month tenor Sukūk were rated A-1 by Standard & Poor’s Rating Services and priced with an average yield of 0.51075%.
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October 19, 2012
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The IILM Announces Shareholding Changes
The International Islamic Liquidity Management Corporation (IILM) Governing Board wishes to announce the appointment of Dr. Rifaat Ahmed Abdel Karim as Chief Executive Officer of the IILM effective today, 19 October 2012.
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April 8, 2020
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The IILM issues a total of USD 1.06 Billion Sukūk
The auction drew more than USD1.85 billion in demand with an average bid-to-cover ratio for the three tranches of 175% – an increase of 16% of the order book since last month issuances. With over 60 orders from diversified investors, the Islamic Primary Dealers got allocations across all tenors of up to 90% of…
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