BI forms International Islamic Liquidity Management Corporation (IILM)

Bank Indonesia, together with 10 other central banks and two multilateral organisations, signed an agreement on 25thOctober 2010 in Kuala Lumpur, Malaysia to establish the International Islamic Liquidity Management Corporation (IILM). This agreement, facilitated by the Islamic Financial Services Board (IFSB), marks collaboration regarding an array of elements involved with current global initiatives aimed at...

The IILM Reissues USD490 Million Sukūk

Kuala Lumpur, Malaysia – 22 May, 2015. The International Islamic Liquidity Management Corporation (the IILM) is pleased to announce that it has successfully reissued USD490 million 3-month tenor Sukūk priced at 0.58100% profit rate.