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ZAWYA-PRESSR: IILM announces its top Primary Dealers for 2025

ZAWYA-PRESSR: IILM announces its top Primary Dealers for 2025

Kuwait Finance House K.s.c.January 26, 20263
ZAWYA-PRESSR: IILM announces its top Primary Dealers for 2025

About this update from Kuwait Finance House K.s.c.

Kuala Lumpur, Malaysia – The International Islamic Liquidity Management Corporation (IILM), the world’s leading issuer of Shari’ah-compliant short-term liquidity management instruments, is pleased to announce the most active Primary Dealers for the IILM Ṣukūk Programme for 2025.Based on the total primary market allocations as at 31 December 2025, with a total of 21 auctions and 69 series of Ṣukūk issued for a cumulative amount of USD 22.9 billion – the top three Primary Dealers are:Kuwait Finance HouseFirst Abu Dhabi BankCIMB Islamic BankIn the secondary market, based on the total trading volume of USD 3.8 billion as at 31 December 2025, the top three Primary Dealers are:Kuwait Finance HouseStandard CharteredFirst Abu Dhabi BankMohamad Safri Shahul Hamid, Chief Executive Officer of the IILM, said: “We are pleased to recognise our top Primary Dealers for their outstanding performance in 2025. The continued support and steadfast commitment of our Primary Dealers have been instrumental in expanding the distribution of the IILM’s short‑term Ṣukūk, strengthening market liquidity and reinforcing investor confidence in Shari’ah-compliant liquidity management instruments.The year 2025 marked a significant milestone for the IILM. We successfully upsized our Ṣukūk issuance programme to USD 8.5 billion and recorded a 55% increase in outstanding assets to USD 6.4 billion, from USD 4.14 billion at end-2024. These achievements reflect strong market demand as well as the unwavering commitment and critical market-making role of our Primary Dealers, whose efforts continue to underpin the depth, resilience and reliability of our offerings — cementing the IILM’s position as the world’s largest issuer of short‑term Islamic liquidity instruments.“We are also encouraged by the strong increase in market interest, as reflected in the onboarding of three new Primary Dealers, namely Golden Global Investment Bank from Turkiye, Kuwait International Bank from Kuwait and AlRayan Bank from Qatar — alongside 24 new investors globally. Looking ahead, we remain fully committed to working closely with all our Primary Dealers and investors to further deepen market liquidity, broaden geographic reach and support the stability and growth of the global Islamic finance ecosystem.Kuwait Finance House“Kuwait Finance House (“KFH”) is proud to be recognised as the leading Primary Dealer in both the...

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