International Islamic Liquidity Management Corporation (IILM) is an international institution established in 2010 by central banks, monetary authorities and multilateral organisations to create and issue short-term Shariah compliant financial instruments to facilitate effective cross-border Islamic liquidity management. The ensuing $2 billion trust certificate issuance programme, rated A-1 by S&P, incorporates a double SPV structure comprising of an issuer and an asset-holding vehicle, both domiciled in Luxembourg and managed by SFM. The... Lees Meer »