No Result
View All Result
Saturday, April 11, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

IS closes banks in Sirte; orders them to change to Sharia banking

byMichel Cousins
September 13, 2015
Reading Time: 1 min read
A A

By Libya Herald reporter.

Tripoli, 13 September 2015:

A source in Sirte has told the Libya Herald that the Islamic State (IS) forces . . .[restrict]in the town had not taken over and looted the Central Bank, as widely reported earlier.

What happened, according to the source, was that on Thursday, IS went to all banks in the town and closed them. They ordered all staff to turn up to the main mosque on Friday after evening prayer to repent for having being involved in dealing with interest (usury or riba) and ask for forgiveness.  Most went.

The banks must change to Islamic banking, IS has demanded. When they have made the change, they can re-open, the source said.

RELATED POSTS

NDA’s 350-hectare Sirte Agricultural Project No. 87 reaches 80% completion – supporting food security and reducing dependence on imports

NDA signs contracts for construction of Sirte International Equestrian Track and new government complex

In any event, taking over the Central Bank in Sirte would be little more than a symbolic gesture. No money has been transferred to Sirte for many months. There is said to be almost no money held in the other banks either. [/restrict]

Tags: Islamic StateLibyaSirte

Related Posts

Breaking: Libya’s Western and Eastern administrations agree a unified budget
Business

Breaking: Libya’s Western and Eastern administrations agree a unified budget

April 11, 2026
Undersecretary of Defence Zoubi effuses about the forthcoming Flintlock military exercises in Sirte as a sign of progress in Libya’s unification
Libya

Undersecretary of Defence Zoubi effuses about the forthcoming Flintlock military exercises in Sirte as a sign of progress in Libya’s unification

April 11, 2026
LTT and GIA sign cooperation agreement on electronic connectivity
Libya

Government Reporting Platform activated as a unified tool for monitoring performance and measuring achievement levels within public entities

April 10, 2026
NOC announces force majeure at Zawia port
Libya

The National Oil Corporation and Eni North Africa announce successful drilling of new gas discovery in offshore Block D (Contract D)

April 9, 2026
Italian Embassy in Libya, ITA and the Libyan Board of Architecture, announce competition for students in Architecture and Urban Design
Libya

Italian Embassy in Libya, ITA and the Libyan Board of Architecture, announce competition for students in Architecture and Urban Design

April 9, 2026
‘‘U.S. experts’’ visit Sirte’s single pivot agricultural irrigation circles – 87 irrigation circles will be restarted in 2025
Business

Sebha’s new Palm City Residential Project: 106 residential buildings with 3,000 housing units

April 8, 2026
Next Post

Tripoli court adjourns Saadi footballer case again

One Libyan dead in Mecca Grand Mosque disaster

One Libyan dead in Mecca Grand Mosque disaster

Top Stories

  • Military Intelligence Chiefs Conference for the Sahel and Mediterranean countries 2026 held in Tripoli

    Military Intelligence Chiefs Conference for the Sahel and Mediterranean countries 2026 held in Tripoli

    0 shares
    Share 0 Tweet 0
  • New China Qingdao Port to Libya route, avoiding Hormuz Straight, to reduce shipping time by up to ten days: Julyana Free Port

    0 shares
    Share 0 Tweet 0
  • Tunisia’s New African Transit Corridor via Ras Jedir: An Opportunity for Libya to Become a Trade Gateway to sub-Saharan Africa

    0 shares
    Share 0 Tweet 0
  • Aldabaiba instructs CBL to terminate Arkenu Oil Company’s oil sales agreement

    0 shares
    Share 0 Tweet 0
  • Libyan dinar will be down to LD 7.90 before mid-April: CBL briefing

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Breaking: Libya’s Western and Eastern administrations agree a unified budget

Undersecretary of Defence Zoubi effuses about the forthcoming Flintlock military exercises in Sirte as a sign of progress in Libya’s unification

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.