The IILM Reissues its USD490 million Sukūk

Kuala Lumpur, Malaysia – The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that on 26 November 2013 it successfully conducted an auction for the reissuance of its USD 490 million short-term Sukūk, rated A-1 by Standard & Poor’s Rating Services.

The IILM signs a Memorandum of Understanding with African Development Bank to promote global cross-border Shari’ah-compliant liquidity management

Tunis 24 June 2013 – Today, the International Islamic Liquidity Management Corporation (The IILM) signed a Memorandum of Understanding (“MoU”) with the African Development Bank (“AfDB”) to strengthen cooperation between the two organisations. The MoU represents another milestone for the IILM following the first MoU, which it signed with the Asian Development Bank (“ADB”) on…

The IILM Announces its Inaugural Short-term Sukūk Programme

Doha, Qatar – In a key move aimed at creating a robust global cross-border market for Islamic financial instruments and strengthening the liquidity management of Institutions that offer Islamic Financial Services (IIFS), the Governing Board of the International Islamic Liquidity Management Corporation (the IILM), announced today in its 10th meeting in Doha, Qatar the official…

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