IIMM Operations |
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» Islamic Indicative Rates |
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IIMM Operations > BNM Money Operations |
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Islamic Money Operation |
The Islamic money operation is used by BNM as one of its tools in managing liquidity. The process involves moping up excess liquidity from the IIMM or injecting liquidity into the IIMM on an overnight basis. |
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Islamic Tender Operation |
The Islamic tender operation is also used by BNM as one of its tools in managing liquidity. The process involves acceptance of funds by BNM for fixed tenure from the Islamic financial institutions by way of tender basis. |
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