The IILM is pleased to announce the onboarding of Jaiz Bank Plc, marking a historic milestone as the IILM’s first Primary Dealer from Nigeria and the first from the African continent. Jaiz Bank, Nigeria’s first and leading fully fledged non-interest (Islamic) bank, becomes the fourth institution to join the IILM’s Primary Dealer network this year, further strengthening the organisation’s global distribution capabilities and market reach. This brings the total number of Primary Dealers in the IILM’s network to 16. The IILM also extends its appreciation to the Central Bank of Nigeria, Chair of the IILM Governing Board for 2025, for facilitating the onboarding of Jaiz Bank.

The IILM was delighted to conclude a two-day training workshop with the Central Bank of Nigeria (CBN) in Abuja from 4–5 December 2025, aimed at strengthening Nigeria’s Islamic liquidity management capabilities. The programme brought together participants from CBN, Nigeria’s financial institutions, and international partners to deepen technical understanding of Shari’ah-compliant liquidity instruments, regulatory frameworks, and the practical application of short-term IILM Ṣukūk.

2025 marks a defining milestone for the International Islamic Liquidity Management Corporation (IILM) as we celebrate 15 years of progress, resilience, and global collaboration. This year, the IILM achieved several historic firsts—including the onboarding of three new global Primary Dealers, the upsizing of our Sukuk Programme to USD 8.5 billion, and a record high of USD 6.4 billion in outstanding Sukuk. These results reflect the continued trust and support of our members, regulators, and financial counterparts across the world.