CBL announces that first ‘‘Absolute Speculative’’ Certificates of Deposit will be issued to banks from 12 October
[Libya Herald - Libya] - 8/10/2025
The Central Bank of Libya (CBL) announced today that its planned ‘‘Absolute Speculative (Mudaraba)’’ Certificates of Deposit will be issued to banks first, beginning on 12 October. The launch of these Islamic / Sharia-compliant certificates of deposit, the CBL said, comes as part of its steps to (…)
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