LIB

Islamic finance

Islamic Financing and Investment

There is a diverse range of financing services available for individuals and companies whose objectives are compatible with the provisions of Islamic Sharia.

For example, we are proud to be the first banking institution in the Libyan market to offer diverse Islamic financing options, including Salam (forward sale), Sharif (cost-plus financing), Istisna’ (manufacturing contract), and Ijarah Muntahia Bittamleek (lease-to-own).

Individual financing includes the following:

Convenient installments

The bank offers convenient installment plans for purchasing cars through Murabaha, and the service will soon be expanded to include home appliances, electronics, mobile phones, and building materials.

Manfa'a service

A financing program from the Libyan Islamic Bank allows immediate access to services such as travel, education, and healthcare, with convenient monthly installments without paying the full amount upfront.

Leasing of benefits

A financing service for individuals (Ijarah Manafa'a) where the Libyan Islamic Bank purchases services and benefits from their providers and then sells them to its clients.

FAQ

Answers to the most frequently asked questions to help you quickly get the information you need.

 

Do you have any other questions?

Contact us on customer support number 1540

The Easy Installment Plan is a financing option offered by the Libyan Islamic Bank.

Opening a Current Account at the Libyan Islamic Bank
Required Documents to Obtain a MasterCard:

A copy of the passport.

Certified national ID number.

The MasterCard application form available here: https://bit.ly/3nxSJpZ

Your Ideal Loan Solution

The Libyan Islamic Bank offers interest-free loans (Qard Hasan) as a Sharia-compliant financing solution. This type of financing aims to support individuals and businesses in achieving their financial goals without incurring any additional costs or interest. Benefit from Qard Hasan to cover your urgent needs or support your business project securely and transparently.