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2026-08-04T13:30:25.000Z

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Central Bank Launches New Mudaraba Certificates

Central Bank Launches New Mudaraba Certificates

The Central Bank of Libya announced a new issuance of absolute profit-sharing deposit certificates aimed at regulating liquidity and providing investment opportunities for commercial banks. The issuance includes three different maturity certificates, each valued at up to 10 million Libyan dinars, covering periods of 91, 182, and 365 days, with maturities between November 2026 and February 2027. It is expected to achieve an annual profit margin ranging from 5.5% to 7.5%, with profit distribution at 99.75% to the subscribing banks and 0.25% to the Central Bank of Libya. This issuance is part of the absolute profit-sharing system designed to enhance liquidity tools within the Libyan banking sector.

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