No Result
View All Result
Friday, March 6, 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

National Development Agency signs two strategic agreements with UAE’s Global Builders for Sirte projects

Egyptian dredger arrives in Sirte – starts dredging work in various marine projects

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

GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Aldabaiba continues to appoint new ministers despite political opposition to the legality of the process

March 5, 2026
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Former Culture Minister declared yesterday that she does not accept her sacking by PM Aldabaiba – today she is prevented from entering the ministry

March 4, 2026
Largest-ever Libyan government delegation to visit Washington first week of September
Libya

Libya needs unified institutions to restore economic vitality through UNSMIL’s efforts: Trumps Advisor Boulos

March 4, 2026
HoR condemns Serraj’s foreign intervention call
Libya

HoR members call for amendment of the HoR’s internal regulations – to check Ageela Saleh’s unilateral decision-making powers

March 3, 2026
Presidency Council objects to holding of south reconciliation event in Italy
Libya

As Tripoli PM Aldabaiba fills two vacant ministerial posts, Presidency Council expresses a split over the legality of their appointment

March 3, 2026
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Business

PM Aldabaiba discusses with Shell activating January’s MoU expediting its return to the Libyan market – supporting its exploration and development programmes

March 2, 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

  • Gunfire at Tripoli demonstrations calling for downfall of all corrupt domestic political entities and the UN – calling for lower prices, a cheaper dollar and better standard of living

    Gunfire at Tripoli demonstrations calling for downfall of all corrupt domestic political entities and the UN – calling for lower prices, a cheaper dollar and better standard of living

    0 shares
    Share 0 Tweet 0
  • PM Aldabaiba discusses with Shell activating January’s MoU expediting its return to the Libyan market – supporting its exploration and development programmes

    0 shares
    Share 0 Tweet 0
  • Is Libya’s judicial system on the verge of splitting?

    0 shares
    Share 0 Tweet 0
  • Libyan Embassy in Paris discusses French delegation visit to Libya and starting direct flights

    0 shares
    Share 0 Tweet 0
  • NDA launches construction of Sebha’s Rose Palace Hotel – implemented by Turkey’s Nova Global company

    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

Second Deputy HoR Speaker Duma denies having chaired an HoR session during which the new tax law was passed

Libyan Export Promotion Authority explains policy to establish fishing boats factory

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.