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The Central Bank of Nigeria on Sunday expressed relief that Nigerians have fully embraced the introduction of Islamic banking years after speculations made the round that it was an attempt to Islamise the country
Doha, Qatar: Qatar Central Bank (QCB) organised yesterday, a joint Capacity Building Programme with the International Islamic Liquidity Management Cor...
Maybank Islamic Bank was among the top three most active primary dealers for the IILM Sukuk Programme for 2022, the International Islamic Liquidity Management Corporation (IILM) said. IILM, an international organisation that develops and issues short-term Shariah-compliant financial instruments, said based on the total amount allocated at the primary level as of end-December 2022, a total of 37 sukuk issued for a cumulative amount of US$13.88 billion with Maybank Islamic Bank joining Kuwait Finance House and First Abu Dhabi Bank as the top three primary dealers.
KUALA LUMPUR (March 16): The International Islamic Liquidity Management Corporation (IILM) has successfully completed the auction for the reissuance of an aggregate of US$1.4 billion short-term sukuk. In a statement today, IILM said the transaction comprised US$400 million one-month tenor at 0.35%, US$500 million three-month at 0.33%, and US$500 million six-month at 0.40%. It said the competitive tender resulted in significant interest from Gulf Cooperation Council and Asia-based primary dealers, as well as other jurisdictions, with a strong order book in excess of US$2.1 billion represent...
“We are pleased that with the well received milestone placement, which was fully covered in the early minutes of the auction window, the IILM has extended its 2021 track record of successful issuances, ” said IILM chief executive officer Dr Umar Oseni. PETALING JAYA: The International Islamic Liquidity Management Corporation (IILM) said it has successfully completed the auction of US$1.35bil short-term sukuk. In a statement yesterday, IILM said the sukuk was across three different tenors comprising one-month for US$400mil million at 0.25%, three-month for US$500mil at 0.35% and six-month ...