The IILM reissues USD 740 million short-term Ṣukūk
The International Islamic Liquidity Management Corporation (IILM), an international organisation that develops and issues short-term Shari’ah-compliant financial instruments, has successfully completed its fourth auction of 2024 with the reissuance of an aggregate USD 740 million short-term Ṣukūk across three different tenors of one, three, and twelve-month respectively.
The three series were priced competitively at:
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