MALAYSIA - LIQUIDITY MANAGEMENT - IILM To Issue First Sukuk In 6 Months, Says Zeti

KUALA LUMPUR, Nov 15 (Bernama) - The International Islamic Liquidity Management Corporation (IILM) is expected to issue its first sukuk in the next six months, as it will contribute to better liquidity management, Bank Negara Malaysia (BNM) Governor Tan Sri Zeti akhtar Aziz said Tuesday.

"We are about to get rated for the issuance short-term instruments and we are in the process of all the parameters as well as to get the allocation of high-quality underlying assets. (source)

MALAYSIA - SPEECH - Governor's Keynote Address at the Islamic Financial Intelligence Summit (IFIS) 2011- "The New Islamic Finance Landscape"

This speech refers to the IFSB-IDB Task Force of Islamic Finance and Global Financial Stability Report (April 2010) that can be accessed here. 

This decade has witnessed dramatic changes in the Islamic financial landscape. As a dynamic industry, Islamic finance is responding to the forces of change emanating from the changing requirements of the real economy, the changing pattern and pace of globalisation and the wide spread financial reforms being undertaken at both the international and national levels.  This transformation of the Islamic financial system is also taking place during the most challenging of times as the world enters the fifth year of the global financial crisis. A central aspect of the new Islamic financial landscape is also the increased focus on financial stability to enhance further its potential as a form of financial intermediation in an increasingly more challenging environment.  (source)