Our Islamic finance solutions meet your financial needs with full commitment to the principles of Islamic Sharia.
Our Islamic finance solutions meet your financial needs with full commitment to the principles of Islamic Sharia.
There is a diverse range of financing services for individuals and businesses that align with the principles of Islamic Sharia.
For example, and without limitation, we take pride in being the first banking institution in the Libyan market to offer financing through various Islamic modes, including Salam sales, Mudarabah, and Istisna financing, in addition to Ijarah with ownership transfer.
The bank has purchased and owns a number of (BAIC) cars from the exclusive agent in Libya. BAIC is one of the largest car manufacturers in China, with two manufacturing plants, including one in the Arab Republic of Egypt. BAIC cars are considered among the highest-quality vehicles in the region.
The Libyan Islamic Bank offers a convenient installment plan for purchasing cars through Murabaha. Additionally, the bank will soon expand this service to include a variety of products, such as home appliances, electronics, mobile phones, and building materials.
Answers to the most frequently asked questions to help you get the information you need quickly.
The Easy Installment Plan is a financing option offered by the Libyan Islamic Bank.
Official letter from the company – requesting account opening and specifying the authorized signatory.
Copy of the Articles of Association + amendments.
Copy of the Incorporation Contract + amendments.
Copy of the founding General Assembly meeting minutes.
Copy of the valid Commercial Register.
Copy of the valid Commercial License.
Copy of the Importers’ Registration Certificate (for importing companies).
Copy of the company’s Statistical Code Card.
Copy of the Industrial License (for factories and industrial companies).
Copy of the National ID + Passport + Personal ID of the authorized signatories for the account.
Copy of the National ID + Passport + Personal ID of the Chairman of the Board and members.
One personal photo of each authorized signatory.
Filling out the account opening file + signature card.
Certified true copies of documents by the contract issuer.
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
The Libyan Islamic Bank offers the “Manfa’a” program, an innovative financing service that allows clients immediate access to a variety of services and benefits such as travel and tourism, education, and healthcare. The “Manfa’a” program is based on the principle of Ijarah al-Manafi’ (leasing of benefits), where the bank purchases services from providers and then offers them to clients through an easy monthly installment payment plan. This gives you the ability to benefit from these services immediately without having to pay the full cost upfront. The program provides flexible financial solutions tailored to your individual needs, ensuring peace of mind in managing your expenses.
The Libyan Islamic Bank offers the “Manfa’a” program, an innovative financing service that allows clients immediate access to a variety of services and benefits such as travel and tourism, education, and healthcare. The “Manfa’a” program is based on the principle of Ijarah al-Manafi’ (leasing of benefits), where the bank purchases services from providers and then offers them to clients through an easy monthly installment payment plan. This gives you the ability to benefit from these services immediately without having to pay the full cost upfront. The program provides flexible financial solutions tailored to your individual needs, ensuring peace of mind in managing your expenses.
إجابات على أكثر الأسئلة المتكررة لمساعدتكم في الحصول على المعلومات التي تحتاجونها بسرعة
The Easy Installment Plan is a financing option offered by the Libyan Islamic Bank.
Official company letter – requesting account opening and specifying the authorized signatory.
Copy of the Articles of Association + amendments.
Copy of the Incorporation Contract + amendments.
Copy of the founding General Assembly meeting minutes.
Copy of the valid Commercial Register.
Copy of the valid Commercial License.
Copy of the Importers’ Registration Certificate (for importing companies).
Copy of the company’s Statistical Code Card.
Copy of the Industrial License (for factories and industrial companies).
Copy of the National ID + Passport + Personal ID of the authorized signatories for the account.
Copy of the National ID + Passport + Personal ID of the Chairman of the Board and members.
One personal photo of each authorized signatory.
Filling out the account opening file + signature card.
Certified true copies of documents by the contract issuer.
Opening a Current Account at the Libyan Islamic Bank
Required Documents to Obtain a MasterCard:
A copy of your passport.
Certified National ID number.
The MasterCard application form, available here: https://bit.ly/3nxSJpZ
The Libyan Islamic Bank offers the Benevolent Loan as an interest-free financing solution in accordance with Islamic Sharia principles. This type of financing aims to support individuals and businesses in achieving their financial goals without any additional costs or interest charges. Benefit from the Benevolent Loan to cover your urgent needs or to safely and transparently support your business project.