Sukuk Fifth Monthly GainIslamic bonds gained for a fifth month, sending yields to the lowest levels since 2005, as faster growth in the Persian Gulf lured investors who expect new sales to recover after falling 27 percent this year.
Sukuk Fifth Monthly GainIslamic bonds gained for a fifth month, sending yields to the lowest levels since 2005, as faster growth in the Persian Gulf lured investors who expect new sales to recover after falling 27 percent this year.
Recently, Standard & Poor’s rated the first finance program of the International Islamic Liquidity Management Corp. The organizati…
Kuala Lumpur, Malaysia – 11 February 2019. The IILM is pleased to announce that today, it has created a history in the market by reissuing a total of USD 1.0 billion short-term Sukūk in three tranches for the first time. The Sukūk that are rated A-1 by Standard & Poor’s Rating Services were reissued at different sizes, tenors…
Kuala Lumpur, Malaysia – 10 July 2019. Today, the International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total amount of USD 550 million short-term A-1 rated Sukūk in two series as follows; 1. USD 250 million with 2-week tenor at a profit rate of 2.48%; and 2. USD 300 million with 3-month tenor…
Kuala Lumpur, Malaysia – 13 July, 2016. The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it has successfully issued USD1.11 billion 3-month tenor Sukūk priced at 1.14910% profit rate. The Sukūk issuance of USD1.11 billion was made of: (i). USD860 million reissuance; & (ii). USD250 million new issuance.
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