Shariah Money Markets Expand With First Global Bill Sales Islamic FinanceThe first global Shariah-compliant money-market securities may be sold early next year, providing Islamic banks with more opportunities to invest reserves and boost profits.
Shariah Money Markets Expand With First Global Bill Sales Islamic FinanceThe first global Shariah-compliant money-market securities may be sold early next year, providing Islamic banks with more opportunities to invest reserves and boost profits.
Türkiye’s well-developed infrastructure and robust network of participation banks, underpinned by solid support from the government and various key domestic and international stakeholders, will be an attractive prospect for potential investors and position the country as a destination for Islamic finance Istanbul, Türkiye – 15 December 2023. The International Islamic Liquidity Management Corporation (IILM)…
Kuala Lumpur, Malaysia – 25 August 2014. The International Islamic Liquidity Management Corporation (IILM) wishes to announce that today it has successfully conducted an auction for the amount of USD790 million Sukūk, which was issued in two different tenors.
Strong global investor demand led to a total order book of USD 1.47 billion and a bid-to-cover ratio for the three Sukūk series of 190%. Kuala Lumpur, Malaysia : Today, the International Islamic Liquidity Management Corporation (IILM) conducted its third auction of the year by issuing a total amount of USD 800…
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