Islamic Finance
CBL comes in for more criticism from Grand Mufti – accuses it of usury
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Grand Mufti raises objections to CBL’s supposedly Islamic – Sharia compliant certificates of deposit
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CBL announces that first ‘‘Absolute Speculative’’ Certificates of Deposit will be issued to banks from 12 October
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The Real Estate Savings and Investment Bank launches the ‘‘Savings for Housing’’ Islamic Sharia savings account
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Libya Africa Investment Portfolio considering funding its Libya projects through Islamic bonds
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Libyan Banks Forum launched in Tripoli: 13-14 October
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New private bank opens in Tripoli: The Arab Islamic Investment Bank
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Jumhouria bank main sponsor of Bahrain’s AAOIFI Annual Conference
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