Initialize IList<T> C#

Is there a particular way to initialize an IList<T>? This does not seem to work:

IList<ListItem> allFaqs = new IList<ListItem>();
// Error I get here: Cannot create an instance of the interface 'IList<ListItem>'

ReSharper suggests to initialize it like so:

IList<ListItem> allFaqs = null;

But won't that cause a Null Reference Exception when I go to add items to this list?

Or should I just use List<ListItem>?

Thanks!