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.
The secondary market especially, has seen a hive of activity with total trading volume reaching USD 2.23 billion as at the end of last year, which is the highest we have seen on an annual basis since inception Kuala Lumpur, Malaysia – 16 January 2023. The International Islamic Liquidity Management Corporation (“IILM”), an international…
Given the size of the issuance today, which is the IILM’s largest Ṣukūk issuance for the year to date, we are very pleased with a successful auction that saw the offerings being oversubscribed Kuala Lumpur, Malaysia – 06 September 2022. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of USD 1.34…
Kuala Lumpur, Malaysia – 06 October 2020. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of USD1.1 billion short-term “A-1” rated Ṣukūk across three tenors of 1, 3 and 6-months. Read More (English)
Comments are closed.