The auction garnered a favourable and robust demand from both Primary Dealers and investors with a combined orderbook of USD 2 billion, representing an average bid-to-cover ratio of 218%.   Kuala Lumpur, Malaysia – 7 February 2023. The International Islamic Liquidity Management Corporation (IILM), an international organisation that develops and issues short-term Shari’ah-compliant financial instruments,…

  The tender resulted in significant demand mainly from GCC-based Primary Dealers and investors, with an orderbook that closed in excess of USD 888 million for both tenors.   Kuala Lumpur, Malaysia: Today, further to the successful update of the Issuance Programme from USD 3 billion to USD 4 billion, the International Islamic Liquidity Management…

Kuala Lumpur, 18 November 2011 – The Council of the Islamic Financial Services Board (IFSB) has yesterday resolved to admit seven organisations into the IFSB membership. An international inter-governmental organisation, two supervisory authorities, two financial institutions and two professional firms have been admitted as Associate and Observer Members.

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…