Libyan Islamic Bank is a Sharia-compliant financial institution established in 2017 with a capital of 250 million Libyan Dinars.
The bank operates according to the principles of Islamic Sharia and relevant financial legislation, engaging in activities based on modes of sale and Islamic financing and investment (both cash and in-kind). It directs funds toward the purchase of goods and services or the establishment of other Islamic finance instruments, unlike conventional banking services, with the goal of achieving both economic and social returns.

The bank strictly adheres to Islamic Sharia standards in all its operations. It operates under a Sharia Supervisory Board, which ensures full compliance with Islamic rulings and regulations. The bank is also regulated by the Central Bank of Libya under Law No. 1 of 2005 and Law No. 46 of 2012, making it the first officially licensed Islamic bank in Libya.

The Libyan Islamic Bank is committed to building a solid financial structure based on a fully integrated operational system tailored to Islamic finance. It draws from the economic awareness of its founders and shareholders, who have a proven track record in this field. The bank leverages the latest financial and banking technologies and seeks to play an active role in rebuilding Libya’s economy across various sectors.