26.10.2010 - 11 central banks, two multilaterals link in International Islamic Liquidity Management Corporation
From Cpifinancial.net: Eleven central banks and two multilateral organisations signed the Articles of Agreement for the establishment of the International Islamic Liquidity Management Corporation (IILM) in Kuala Lumpur on 25 October 2010 The collaboration is a landmark global initiative that is aimed to assist institutions offering Islamic financial services in addressing their liquidity management in an efficient and effective manner. In addition, the initiative should facilitate greater investment flows for the Islamic financial services industry..............................................Full Article: Source
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