4d ago
KUALA LUMPUR, May 18 (Bernama) -- The International Islamic Liquidity Management Corporation’s (IILM) total outstanding short-term sukuk assets climbed to a record US$7.055 billion, following a US$975 million issuance and reissuance exercise (US$1=RM3.97).
11d ago
KUALA LUMPUR, May 11 (Bernama) -- India-based Vedanta Limited, a global leader in metals, oil & gas, critical minerals, power and technology, posted a record profit of US$2.8 billion for the financial year ended March 31, 2026, up 22 per cent year-on-year (YoY), driven by structurally strong businesses and disciplined execution. (US$1 = RM3.91)
1m ago
KUALA LUMPUR, April 7 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of US$1.335 billion in short-term sukuk across five tenors: two weeks, one month, three months, six months and nine months.
2m ago
KUALA LUMPUR, March 4 (Bernama) -- Asia-Pacific commodity issuers are likely to see divergent credit effects if the Iran conflict prolongs Gulf energy supply and shipping disruption, global credit rating agency Fitch Ratings said today.
3m ago
KUALA LUMPUR, Feb 3 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM), the world’s leading issuer of shariah-compliant short-term liquidity instruments, said its outstanding sukuk portfolio reached a record US$6.795 billion (US$1 = RM3.93), up 64 per cent from US$4.14 billion a year ago.
5m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.
5m ago
KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit opened at its strongest level in more than four years against the greenback after the US Federal Reserve (Fed) cut its benchmark lending rate by 25 basis points (bps).
5m ago
KUALA LUMPUR, Dec 5 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has reissued a total of US$1.365 billion short-term sukuk across four tenors, in its final auction for 2025.
6m ago
KUALA LUMPUR, Nov 17 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has issued and reissued US$1.35 billion (US$1 = RM4.15) in short-term sukuk across five tenors, its widest range of maturities offered in a single auction.
6m ago
KUALA LUMPUR, Nov 4 (Bernama) -- The International Islamic Liquidity Management Corporation’s (IILM) outstanding short-term Sukuk portfolio has reached a new record level of US$6.2 billion (US$1=RM4.20).
7m ago
KUALA LUMPUR, Oct 16 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) today announced the upsizing of its sukuk programme from US$6 billion to US$8.5 billion (US$1=RM4.22).
7m ago
KUALA LUMPUR, Oct 14 (Bernama) -- The expectation of a downward trend in general government debt and Gross Domestic Product (GDP) that is closer to peer medians, supported by a strong consolidation strategy and improved growth prospects, could put upward pressure on Malaysia’s ‘BBB+’ sovereign rating.