Kuala Lumpur, Malaysia – 23 December, 2016. The International Islamic Liquidity Management Corporation’s (IILM) Governing Board (GB) announces that the service of Professor Datuk Rifaat Ahmed Abdel Karim as the Chief Executive Officer (CEO) of the IILM will end effective 31 December 2016.

Kuala Lumpur,  Malaysia – 10 November 2020.  The International Islamic Liquidity Management Corporation (IILM) announced that it has successfully reissued a combined total of USD1.070 billion short-term “A-1” rated Sukūk across three different tenors of 1, 3 and 6-months respectively. Read More (English)

Today’s Ṣukūk reissuance witnessed strong demand from Primary Dealers and investors mainly across Middle East and Asia, with an encouraging orderbook in excess of USD 1.4 billion representing an average oversubscription rate of 1.6 times. The International Islamic Liquidity Management Corporation (IILM) has successfully closed its issuance calendar for the 2nd Quarter of 2021 today,…

Dr. Umar further noted that though there have been significant and pioneering efforts made by the IIFM, the AAOIFI and the IFSB in relation to developing and harmonizing Islamic repo structures and documentation across jurisdictions, there was still room for enhancement to ensure that the Islamic repo framework represents a widely accepted cross-border Islamic liquidity…