IILM Sets New Issuance Record With US$1.572 Bln Short-term Sukuk
KUALA LUMPUR, Nov 3 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) today announced the completion of a record US$1.572 billion short-term sukuk, lifting its outstanding portfolio to an all-time high of US$7.59 billion.
The organisation said the sukuk, which was issued across five tenors, had attracted a total orderbook of US$3.772 billion, representing an oversubscription of 2.37 times.
“Robust investor demand enabled IILM to upsize the final auction by US$100 million from its initial target of US$1.472 billion, reflecting the depth and resilience of its investor base amid a highly uncertain market environment,” it said in a statement today.
Chief executive officer Mohamad Safri Shahul Hamid said today’s record issuance reinforces the importance of maintaining a reliable and diversified supply of high-quality Shariah-compliant liquidity instruments, particularly in an increasingly volatile global environment.
Year-to-date, IILM’s short-term sukuk issuance has totalled US$27.352 billion across 103 series, compared with US$22.9 billion across 42 series for the whole of 2025. This represents an increase of US$4.452 billion, or approximately 19 per cent, over the previous full-year issuance volume.
-- BERNAMA