Grand Mufti raises objections to CBL’s supposedly Islamic – Sharia compliant certificates of deposit
[Libya Herald - Libya] - 12/10/2025
Libya’s Grand Mufti, Sheikh Al-Sadeg Al-Ghiriani said that the ‘‘Absolute Speculative’’ (referred to as Mudaraba in Islamic – Sharia) certificates of deposit proposed for sale by the Central Bank of Libya (CBL) are not 100 percent Islamic – Sharia compliant. The Fatwa by the Grand Mufti could (…)
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