Kuala Lumpur, Malaysia – Today, the International Islamic Liquidity Management Corporation (the IILM) wishes to announce the inaugural issuance of its US Dollar-denominated short-term Sukūk in August 2013.

While the IILM’s issuance this month appears to be quite sizeable at the tail end of the year, on the back of the markets’ intensifying expectations for a tighter policy by the Fed, we are pleased that the issuance for all tenors were fully subscribed at a competitive all-in profit rates The International Islamic Liquidity…

Dr. Umar Oseni, Chief Executive Officer of the IILM, said: “We are pleased with the conclusion of today’s USD 1.1 billion auction, just before the Eid al-Adha holidays. The competitive demand and strong appetite from investors for high quality Islamic short-term papers reflects a continued positive market trend at the start of the second half…

Kuala Lumpur, Malaysia – 12 January 2017. The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that its Governing Board has appointed Abdoul Aziz Ba as its new Acting Chief Executive Officer (CEO), effective 1 January 2017.