Doha, Qatar – Today, the International Islamic Liquidity Management Corporation (The IILM) signed a Memorandum of Understanding (MoU) with the Asian Development Bank (“ADB”) to strengthen cooperation between the two organisations. The landmark MoU signing ceremony was held in Doha, State of Qatar and witnessed by the Central Banks and the Islamic Development Bank that…

Kuala Lumpur, Malaysia – 06 July 2020. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total amount of USD 1.01 billion short-term A-1 rated Ṣukūk in three series of 1-month, 3-month and 6-month tenor. Read More (English)

  The auction drew more than USD1.85 billion in demand with an average bid-to-cover ratio for the three tranches of 175% – an increase of 16% of the order book since last month issuances. With over 60 orders from diversified investors, the Islamic Primary Dealers got allocations across all tenors of up to 90% of…