CBL to accept Islamic bank applications later this month
08-04-2013
The Central Bank of Libya (CBL) says it will accept applications for new Islamic banks from late April, and suggests the state will provide support for losses made on existing non-Islamic loans.
Read also
Central Bank 'receives many requests' for Islamic bank licenses GNC passes law banning interest CBL approves proposals on Islamic banking Islamic banking law "hopefully" implemented before end of 2012 New Islamic banking amendment 'approved' NTC passes new law on Islamic banking Gumhouria Bank opens more Islamic branches Gumhouria Bank to train staff in Islamic finance