Total Sukuk Issuance Amount
USD 9.85 Billion
Total Sukuk Series Issued
15
Total Sukuk Issuance Amount
USD 9.85 Billion
Total Sukuk Series Issued
15
Against a backdrop of cautious market sentiments, the IILM has successfully secured strong demand from the market with an order book in excess of USD 1.56 billion, representing an average oversubscription ratio of 145% Kuala Lumpur, Malaysia: The International Islamic Liquidity Management Corporation (IILM) announced that it has successfully reissued a combined total of…
Given the size of the issuance today, which is the IILM’s largest Ṣukūk issuance for the year to date, we are very pleased with a successful auction that saw the offerings being oversubscribed Kuala Lumpur, Malaysia – 06 September 2022. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of USD 1.34…
Kuala Lumpur, Malaysia – 20 August, 2015. The International Islamic Liquidity Management Corporation (the IILM) is pleased to announce that it has successfully reissued USD990 million short-term Sukūk today. This is in line with its core strategy to issue Sukūk on a regular basis to facilitate liquidity management for institutions that offer Islamic financial services.
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…
Comments are closed.