Demand grows for Islamic finance body IILM sukuk

by | July 15, 2015 8:51 am

Demand for Islamic bonds issued by the International Islamic Liquidity Management Corp (IILM) is growing, signaling widening popularity for a programme designed as a cross-border tool for Islamic banks to manage their liquidity needs. The Kuala Lumpur-based body is a likely beneficiary of a decision by Malaysia’s central bank to wind down its own sales…

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