The IILM successfully reissues USD 910 million short-term Sukuk

We made a strategic decision to split the May auction into two, given the current market conditions, especially with the recent rate hike by the US Federal Reserve of its benchmark interest rate by half a percentage point (50 basis point) Kuala Lumpur, Malaysia – 11 May 2022. The International Islamic Liquidity Management Corporation (IILM)…

The IFSB announces the establishment of an International Islamic Liquidity Management Corporation

Washington, 7 October 2010 - The Islamic Financial Services Board (IFSB) today facilitated the signing of the Memorandum of Participation for the establishment of the International Islamic Liquidity Management Corporation (IILM). The primary objective of the IILM is to issue Sharī`ah-compliant financial instruments in order to facilitate more efficient and effective liquidity management solutions for...

Sukūk Reissuance of USD 750 million

Kuala Lumpur, Malaysia – 12 June 2019. Today, the International Islamic Liquidity Management Corporation (IILM) has successfully reissued short-term Sukūk amounting to USD 750 million in two tranches. The Sukuk were rated A-1 by Standard & Poor’s. The details of today’s reissuance are as follows: 1. USD 250 million with 1-month tenor at a profit…

The IILM Reissues USD 1.05 billion Sukūk

Kuala Lumpur, Malaysia – 05 August 2019. Today, the International Islamic Liquidity Management Corporation (IILM) has successfully reissued A-1 short-term Sukūk amounting to USD 1.05 billion in three tranches with three different tenors of 1-month, 3-month and 6-month, respectively. The breakdown details of today’s reissuance are as follows: 1. USD 250 million with 1-month tenor…