Central Bank Sets Mudarabah Certificate Launch Date
The Central Bank of Libya has issued a new batch of Absolute Murabaha deposit certificates with a nominal value of 10,000 dinars each. The issuance includes three categories with maturities of 91, 182, and 365 days, starting on September 24, 2026, and ending on dates ranging between December 24, 2026, and September 24, 2027. The returns will be distributed at a rate of 99.75% to the bank as the secondary party, and 0.25% to the Central Bank. The expected profit margin ranges between 5.5% and 7.5% annually, though these figures are indicative and not binding. This issuance is part of the bank’s plan to enhance financing tools for commercial banks.
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