The IILM concludes reissuance of USD 980 million short-term Ṣukūk

Despite the resurgence of Global Ṣukūk issuances and the market’s shifting expectations on rates, today’s auction also witnessed several new investors participating at primary level for the first time. This underscores the global cross-border appeal of the IILM’s short-term Ṣukūk and our commitment to support the growth of the global Islamic financial system Kuala Lumpur,…

The IILM Issues a total of USD 1.01 billion Sukūk

Kuala Lumpur, Malaysia – 06 July 2020. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total amount of USD 1.01 billion short-term A-1 rated Ṣukūk in three series of 1-month, 3-month and 6-month tenor. Read More (English)

Islamic Market Short-Term Liquidity Products to Boost Cross-Border Flows

The Islamic Financial Services Board, a global standard-setting body for the industry with $1 trillion in assets, is forming an institution that will issue short-term products to help Shariah-compliant banks manage funds. Islamic Market Short-Term Liquidity Products to Boost Cross-Border Flows

The IILM issues USD860 million Sukūk

Kuala Lumpur, Malaysia – The International Islamic Liquidity Management Corporation (IILM) has today successfully conducted an auction of USD860 million 3 months A-1 rated Sukūk at a yield of 0.55635. The new issuance is part of the IILM Programme rated A-1 by Standard and Poor’s Rating Services. This issuance brings the total amount of the…