Interest-free Aman bank loans to buy Eid rams
Jul 1 Sami Zaptia

Interest-free Aman bank loans to buy Eid rams

By Sami Zaptia.London, 1 July 2020:Private sector Aman bank announced on Monday (29 June) that it is offering an interest-free loan for the purchase o...

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Jun 27 Sami Zaptia

Jumhouria bank offers Murabaha Islamic banking loans for Hyundai cars

By Sami Zaptia.Jumhouria bank is offering an Islamic-compliant Murabha loan to sell cars to customers (Logo: Jumhouria bank).London, 27 June 2020:Liby...

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Yaqeen bank opens new Zliten branch, will open its main Tripoli branch this Thursday
Feb 25 Sami Zaptia

Yaqeen bank opens new Zliten branch, will open its main Tripoli branch this Thursday

By Sami Zaptia. London, 25 February 2020: Yaqeen bank, a Sharia/Islamic-compliant bank, opened a new branch in Zliten, 160 km east of Tripoli, last Th...

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Libya’s Jumhouria bank offers cars for sale on Islamic ‘‘Murabaha’’ basis
Oct 23 Sami Zaptia

Libya’s Jumhouria bank offers cars for sale on Islamic ‘‘Murabaha’’ basis

By Sami Zaptia.London, 23 October 2019:Libya’s Jumhouria bank yesterday launched a new product whereby it offers to sell cars to clients through an Is...

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Eastern CBL workshop on dual banking system makes numerous reform proposals
Jul 24 Sami Zaptia

Eastern CBL workshop on dual banking system makes numerous reform proposals

By Sami Zaptia.London, 24 July 2019:Libya's eastern-based Central Bank of Libya organized a workshop on the challenges of working with a dual banking...

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Jul 23 Sami Zaptia

Sahary bank offers loan to buy Eid sacrifice

By Sami Zaptia.Sahary bank is offering an interest-free loan for customers to buy their rams for the Eid of Sacrifice (Photo: Sami Zaptia).London, 23...

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CBL meets World Bank team in Tunis to discuss reform of the Libyan financial sector
May 12 Sami Zaptia

CBL meets World Bank team in Tunis to discuss reform of the Libyan financial sector

By Sami Zaptia. London, 12 May 2018: The Tripoli-based Central Bank of Libya (CBL) reports that it had concluded its meetings with the World Bank in T...

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Al-Ejmaa Al-Arabi Bank opens new Tripoli branch
Jul 28 Michel Cousins

Al-Ejmaa Al-Arabi Bank opens new Tripoli branch

By Libya Herald reporter.Tunis, 28 July 2017:The Benghazi-hearquartered Al-Ejmaa Al-Arabi Bank (Arab Union Bank) opened a new branch yesterday in Trip...

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Libyan Foreign bank signs MoU with Al-Baraka Banking Group
Jul 27 Michel Cousins

Libyan Foreign bank signs MoU with Al-Baraka Banking Group

By Libya Herald reporter.Tunis, 27 July, 2017:Leading Bahrain-based Islamic banking group Al-Baraka Banking Group (ABG) have signed a Memorandum of Un...

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May 11 Sami Zaptia

Libya’s Real Estate bank must operate commercially

By Sami Zaptia.The Libya Investment Summit, Istanbul, 9-11 May (Photo: Sami Zaptia).Istanbul, 11 May 2017: Khaled Zharrugh, chairman of Libya’s Invest...

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