Indonesia Sharia Economic Festival
31 October 2024
On 31 October, the International Islamic Liquidity Management Corporation (IILM) organised a joint high-level international seminar with the Bank Indonesia and the Islamic Financial Services Board (IFSB), and the Investor Forum.
The half-day event that was held on the sidelines of the Indonesia Sharia Economic Festival (ISEF) and hosted by Bank Indonesia brought together top industry leaders such as representatives from financial institutions, multilateral organisations, diverse investors, business leaders, and policymakers from around the globe to engage in insightful discussions and strengthen collaborative efforts on the future development of product innovation and liquidity management in the Islamic financial services industry.
The joint seminar and the Investor Forum attracted a global audience of approximately 350 participants, also providing them with comprehensive insights into the IILM and its Shari’ah-compliant short-term Sukuk programme, designed to support efficient cross-border Islamic liquidity management.
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About IILM
The International Islamic Liquidity Management Corporation (IILM) is an international organisation established on 25 October 2010 by central banks, monetary authorities and multilateral organisations to develop and issue short-term Shari’ah-compliant financial instruments to facilitate effective cross-border liquidity management for institutions that offer Islamic financial services (IIFS).
The current members of the IILM Governing Board are the central banks and monetary agencies of Indonesia, Kuwait, Malaysia, Mauritius, Nigeria, Qatar, Türkiye, the United Arab Emirates, as well as the multilateral Islamic Corporation for the Development of the Private Sector.
Membership of the IILM is open to central banks, monetary authorities, financial regulatory authorities or government ministries or agencies that have regulatory oversight of finance or trade and commerce, and multilateral organisations.
The IILM is hosted by Malaysia and headquartered in Kuala Lumpur.
Media Enquiries:
The International Islamic Liquidity Management Corporation (IILM)
T: +60(3) 2170 5000
www.iilm.com