The Central Bank of Libya has announced the opening of subscription for the issuance number (4-2026) of absolute Mudarabah deposit certificates, effective from February 16, 2026, in accordance with the procedures and controls applied in previous issuances.
The bank clarified that this issuance includes three categories of certificates: the first for a period of 91 days ending on May 18, 2026; the second for 182 days ending on August 17, 2026; and the third for 365 days ending on February 16, 2027, with a value of 10 million dinars per certificate.
The announcement indicated that the distribution ratio of profits generated from investments will be 99.75% for subscribers (the second party), compared to 0.25% for the Central Bank of Libya as the Mudarib (the first party). It also set the expected profit margin between 5.5% and 7.5% annually, while emphasizing that this percentage is estimated and not binding.
This issuance comes within the framework of enhancing Islamic investment instruments and expanding the base of Sharia-compliant financing, which contributes to supporting financial stability and providing new investment opportunities for commercial banks in Libya.
