From Financeasia.com: Eleven central banks and two multilateral organisations establish the International Islamic Liquidity Management Corporation to absorb excess liquidity and facilitate greater investment flows within the Islamic financial services industry.
Taking advantage of the international audience at this year’s Global Islamic Finance Forum (GIFF) in Kuala Lumpur, Bank Negara on Monday hosted the launch of the International Islamic Liquidity Management Corporation (IILM)……………………………………….Full Article: Source