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…

Kuala Lumpur, Malaysia – 09 October 2019. Today, the International Islamic Liquidity Management Corporation (IILM) has successfully reissued A-1 short-term Sukūk amounting to USD 500 million in two series with 3-week and 3-month tenors. The breakdown of today’s reissuances is as follows: 1. USD 200 million with 3-week tenor at a profit rate of 2.00%;…

Kuala Lumpur, Malaysia – 17 July 2014. The International Islamic Liquidity Management Corporation (IILM) is delighted to announce that it has today successfully reissued USD860 million short-term Sukūk. The 3-month tenor Sukūk rated A-1 by Standard & Poor’s Rating Services were priced with an average yield of 0.52310%. The USD860 million Sukūk were fully subscribed…

Abu Dhabi, United Arab Emirates 5 October 2015 –The Arab Monetary Fund signed a Memorandum of Understanding (MoU) with the International Islamic Liquidity Management Corporation (the “IILM”) at the headquarters of the Arab Monetary Fund in Abu Dhabi. The MoU aims to establish and implement a framework for cooperation between the two institutions.