The International Islamic Liquidity Management Corporation (IILM) currently accounts for 36% of the global sukuk market and issues sukuk worth approximately $2.5 billion every month, said IILM Chief Executive Officer Mohamad Safri Hamid during a plenary discussion at the Private Sector Forum 2026 held within the framework of the Annual Meetings of the Islamic Development Bank Group (IsDB), APA reports.
According to him, the development of Islamic capital markets is one of the key prerequisites for regional integration.
“Regional integration is not only about the development of infrastructure, transport corridors or trade. For all of this to be sustainable, efficient and strong capital markets are essential,” he said.
Safri Hamid noted that many IsDB member countries have sufficient financial resources and liquidity, but these funds largely remain fragmented within domestic markets.
“Deep and liquid Islamic capital markets increase investor confidence, reduce financing costs and create conditions for attracting new investments,” he stressed.
The IILM chief said that the corporation has been providing Islamic banks with high-quality liquid assets for the past 13 years:
“We issue sukuk worth approximately $2.5 billion every month. We are currently the world's largest sukuk issuer and represent around 36% of the market.”
He added that activity in the global sukuk market had almost come to a halt between February and April 2026:
“The market was effectively closed. During that period, IILM was the only institution issuing sukuk in the market. We continued sukuk issuances to meet the liquidity needs of Islamic banks.”
According to Mohamad Safri Hamid, successful regional integration now requires not only the integration of economies but also the integration of capital and liquidity:
“Deep, liquid and interconnected Islamic capital markets create the financial infrastructure necessary to transform the development goals of countries and regions into real projects with investment appeal.”
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on TikTok
Follow us on Facebook
Follow us on X
