3 December 2025
Bank of Mauritius Governor Dr Priscilla Muthoora Thakoor has been appointed Chairperson of the Governing Board of the International Islamic Liquidity Management Corporation (IILM) further to its meeting held today. Dr Muthoora Thakoor succeeds the Governor of the Central Bank of Nigeria, Mr Olayemi Michael Cardoso.
Headquartered in Kuala Lumpur, Malaysia, the IILM stands as a pivotal global institution committed to fostering cross-border investment flows, strengthening international linkages, and enhancing financial stability through the creation of liquid Shari’ah-compliant financial instruments. Since its establishment in October 2010, the IILM has played a crucial role in supporting Islamic financial institutions during periods of liquidity stress and providing them with access to highly rated liquidity instruments.
In the wake of her appointment, Dr Muthoora Thakoor stated: ” The Bank of Mauritius feels privileged to be able to contribute to the advancement of Islamic finance globally and ensuring robust governance standards.”
About the IILM:
Established on 25 October 2010, the IILM is a unique global institution that enhances cross-border investment flows, international linkages, and financial stability by creating liquid Shari’ah-compliant financial instruments for institutions offering Islamic financial services.
Headquartered in Kuala Lumpur, Malaysia, the IILM’s diverse membership includes central banks from Indonesia, Kuwait, Malaysia, Mauritius, Nigeria, Qatar, Türkiye, the UAE, and the Islamic Corporation for the Development of the Private Sector.
For more information on the IILM, please visit https://iilm.com/v2/en/
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