Jeddah: 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 Azeri-Press News Agency, the development of Islamic capital markets is one of the key prerequisites for regional integration. Mohamad Safri Hamid emphasized that regional integration extends beyond infrastructure, transport corridors, or trade, highlighting the importance of sustainable, efficient, and strong capital markets.

Safri Hamid noted that many IsDB member countries possess sufficient financial resources and liquidity, but these funds largely remain fragmented within domestic markets. He stressed that deep and liquid Islamic capital markets increase investor confidence, reduce financing costs, and create conditions for attracting new investments.

The IILM chief further explained that the corporation has been providing Islamic banks with high-quality liquid assets for the past 13 years, issuing sukuk worth approximately $2.5 billion every month. The IILM is currently the world's largest sukuk issuer, representing around 36% of the market.

He added that activity in the global sukuk market had nearly halted between February and April 2026, with IILM being the sole institution issuing sukuk during that period to meet the liquidity needs of Islamic banks.

According to Mohamad Safri Hamid, successful regional integration now requires the integration of economies as well as capital and liquidity. He emphasized that 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.