IILM set to re-issue 3 and 6-month sukuk


DUBAI: Malaysia-based International Islamic Liquidity Management Corp (IILM) will hold two auctions next week to issue a combined US$990mil (RM3.6bil) worth of sukuk, under a programme that is now authorised to issue US$3bil (RM10.9bil) in short-term paper.

The IILM would auction US$490mil (RM1.8bil) worth of three-month sukuk and US$500mil of six-month sukuk on Tuesday, it said in a central bank filing.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , IILM , issue , sukuk , stocks , shares , klci , klse ,

Next In Business News

GEAR-uP needs a transparency tune-up
Casino home run for Cohen
Cortina rolls out mobile homes for Winter Games
Telcos pay for DNB’s misfire
China’s slow stock rally gains investor trust
Majuhome� built to last
Genting’s high-stakes double-edged win
Stable credit lights up Asia Pacific
Investors turn to EMs
Mega port strategy in the dock

Others Also Read