06.11.2012 - Lybia: The Central Bank and Islamic banking plans
The Central Bank of Libya is continuing to work on plans for the introduction of Sharia-compliant banking within the Libyan financial sector. A consultant engaged on the project at the bank, Fatih Aqoub, has been reported as saying that rapid progress has been made, since a special committee began work this January. The committee had been seeking best practice from elsewhere in the Islamic world . It was formulating amendments to the banking laws that would enable Sharia banking for an interim period before separate legislation was enacted...............................................Full Article: Source
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