Formation of IILM timely to address volatility in financing

PETALING JAYA: The Islamic Financial Services Board-initiated move to set up International Islamic Liquidity Management Corp (IILM) to address volatility in financing at national level and across borders is timely as the newly-formed body will help make the industry more sustainable in the long term. Formation of IILM timely to address

The IILM Reissues USD860 Million Sukūk

Kuala Lumpur, Malaysia – 14 January, 2016. The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it has successfully reissued USD860 million 3-month tenor Sukūk priced at 1.07360% profit rate.

Sukūk Reissuance of USD960 million in Three Tranches

Kuala Lumpur, Malaysia – 6 March 2019. Today is the second time that International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total amount of USD960 million short-term Sukūk in three tranches. The A-1 rated Sukūk by Standard & Poor’s were reissued as follows; 1. USD 200 million with 1-month tenor at a profit…

International Islamic Liquidity Management Corporation Reissues USD 1.070 Billion Short-Term Sukuk

The International Islamic Liquidity Management Corporation (IILM) has announced the successful completion of an auction for the reissuance of A1-rated short-term Sukuk worth USD 1.070 billion. According to a statement issued by the IILM on the 10th of November 2020, the Sukuk had an average oversubscription ratio of 145%, with a combined order book in…