Future financial regulation in Libya, as democracy takes root, will have its share of challenges and advantages. But will the absence of political stability and security favour the adoption of Islamic finance?
Libya is currently in a transitory stage towards a hopeful democratic state post the elections of the National Congress held in recent July 2012. This Congress will appoint an interim government and a constituent authority to draft the constitution of the Country as first in decades………………………………………..Full Article: Source