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بوابة الوسط
Central Bank Announces Profit-Sharing Certificate Issuance on July 28
The Central Bank of Libya has issued a new provision of mudaraba certificates for commercial banks, aligning with previous procedures and standards. Subscription begins on July 28, 2026. The certificates come in three types, each valued at 10 million dinars, with durations ranging from 91 to 365 days, and specific maturities in October 2026, January 2027, and July 2027. The bank anticipates annual profits between 5.5% and 7.5%, with profit distribution at 99.75% to the commercial banks and 0.25% to the Central Bank of Libya, where the investor acts as a mudarib in the investment process.
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