IILM Recognises Maybank Islamic as its Leading Primary Dealer for 2020

Primary market rankings of the International Islamic Liquidity Management Corporation (IILM) have affirmed Maybank Islamic as IILM’s most active primary dealer for 2020. Standard Chartered Bank and Kuwait Finance House were ranked in second and third positions, respectively.

In terms of primary dealer activity and secondary market footprint, First Abu Dhabi Bank, Kuwait Finance House and Abu Dhabi Islamic Bank were ranked as the top three dealers, respectively.

Why it matters?

IILM plays a crucial role within the international Islamic financial system, given that its Sukuk is a high credit quality liquidity instrument that accounted for 30% market share of all Sukuk issuances made globally in 2020.

Maybank Islamic chief execut...