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Source:
عين ليبيا
Endowments Confirm Central Report Figures
The Public Authority for Endowments and Islamic Affairs has concluded that the financial amounts in the Central Bank of Libya's August 2026 report relate to various disbursement mechanisms, and not all of them represent direct expenses incurred by the Authority. It clarified that the salary item, amounting to approximately 17 million Libyan dinars, includes staff salaries paid through bank accounts. Additionally, the 77 million dinars pertain to the "Your Instant Salary" system managed by the Central Bank of Libya, due to differing disbursement methods. The report also included approximately 90 million dinars as monthly bonuses for around 20,000 volunteers in mosques and Quran memorization centers, including imams, preachers, and Quran teachers. The Authority confirmed that these amounts also encompass independent entities such as the Islamic Studies Institute, Al-Imam Malik College, and the Zakat Fund. Moreover, the Quran Radio and Zakat Fund are not administratively or financially affiliated with the Authority; thus, some portions do not constitute direct expenses for it. This clarification aims to explain the items in the financial report issued by the Central Bank, emphasizing that some of the amounts relate to independent entities outside the Authority.
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