The International Islamic Liquidity Management Corporation (IILM) is an international institution established by central banks, monetary authorities and multilateral organisations to create and issue short-term Shari’ah-compliant financial instruments to facilitate effective cross-border Islamic liquidity management. By creating more liquid Islamic financial markets for institutions offering Islamic financial services (IIFS), IILM aims to enhance cross-border investment flows, international linkages and financial stability.

Established on 25 October 2010, IILM has fourteen founding members consisting of the central banks or monetary authorities of Indonesia, Iran, Kuwait, Luxembourg, Malaysia, Mauritius, Nigeria, Qatar, Saudi Arabia, Sudan, Turkey and the United Arab Emirates and two multilateral institutions, the Islamic Development Bank and the Islamic Corporation for the Development of the Private Sector.

Membership of 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.

IILM is hosted by Malaysia and headquartered in Kuala Lumpur. As an international organisation, IILM enjoys a range of privileges and immunities conferred by the IILM Act 2011 of Malaysia.

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