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.
Today’s issuance also signifies the IILM crossing the USD 100 billion mark in total issuances since the organisation’s inception, demonstrating our commitment in providing Islamic financial institutions with access to high-quality liquid assets (HQLA) via our short-term Ṣukūk instruments on a consistent and regular basis Kuala Lumpur, Malaysia – 7 November 2023. The International…
Abu Dhabi – 22 October 2017. The Islamic Financial Services Board (IFSB), represented by Mr. Zahid ur Rehman Khokher, Acting Secretary-General and International Islamic Liquidity Management Corporation (IILM), represented by Mr. Abdoul Aziz Ba, Acting Chief Executive Officer signed a Memorandum of Understanding (MoU), to further strengthen cooperation and collaboration in enhancing the ability of…
The overall demand was strong with a total order book of USD 2.15 billion and a weighted average bid-to-cover ratio for the three Sukūk series of 215%. Kuala Lumpur, Malaysia: Today, the International Islamic Liquidity Management Corporation (IILM) conducted the second auction of the year by issuing a total amount of USD 1…
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