Home/The Features of the IILM Sukūk

Globally

The IILM Sukūk are distributed and tradable globally via a multi-jurisdictional primary dealer network

Tradable

The IILM Sukūk are tradable Shari’ah-compliant US Dollar-denominated short-term financial instruments issued at maturities of up to 364 days

Money-market

The IILM Sukūk are money-market instruments backed by sovereign, sovereign-linked and supranational assets

Collaboration

The IILM Sukūk represent a unique collaboration between several central banks and a multilateral development organisation with the aim of enhancing the financial stability and the efficient functioning of Islamic financial markets