Time: 10.00 am – 1.30 pm
Venue: Doha, State of Qatar
Time: 10.00 am – 1.30 pm
Venue: Doha, State of Qatar
KUALA LUMPUR (Sept 8): The International Islamic Liquidity Management Corporation (IILM) has today successfully conducted an auction for a total issuance of US$900 million short-term A-1 rated sukuk in two series — one-month and three-month tenors. In a statement, IILM said one was a US$400 million issuance of one-month tenor at 0.22%, while the…
The upsizing of the Ṣukūk programme to USD 6 billion reflects the growing and sustainable demand for high quality Ṣukūk issued by the IILM, which has seen oversubscription rates exceeding 220% year-to-date. It also reinforces the IILM’s status as a unique provider of Islamic safe-haven liquidity management instruments, vital for institutions seeking Shari’ah-compliant High-Quality Liquid…
Today’s Ṣukūk reissuance, which marks the IILM’s ninth auction for the year, garnered a strong demand from both Primary Dealers and investors with a combined orderbook of USD 2.09 billion, representing an average bid-to-cover ratio of 180%. Kuala Lumpur, Malaysia – 5 September 2023. The International Islamic Liquidity Management Corporation (IILM), an international organisation…
Doha, Qatar – In a key move aimed at creating a robust global cross-border market for Islamic financial instruments and strengthening the liquidity management of Institutions that offer Islamic Financial Services (IIFS), the Governing Board of the International Islamic Liquidity Management Corporation (the IILM), announced today in its 10th meeting in Doha, Qatar the official…
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