‎Bahrain’s Al Salam Bank is to provide Islamic banking consultancy and training to Libya’s Sahara bank; it was revealed yesterday. The revelation came after Sahara Bank’s Acting Director General received, on Monday 3 June, at Sahara bank’s Tripoli headquarters representatives of the ‎Al Salam Bank. ‎During the meeting, the two sides discussed ways of cooperation between the banks in light of the transformation of Sahara Bank to an Islamic bank (announced on 8 January 2024). The meeting discussed cooperation plans that will be implemented soon, which aim to provide consultations in the field of Islamic banking and provide training programmes for the Sahara bank’s employees in this field.‎They also discussed the agreements to be signed between the two banks, and the two sides agreed to adopt Al Salam Bank ‎as a direct correspondent bank for Sahara Bank in Bahrain‎. Sahara bank converts itself into an Islamic bank (libyaherald.com)Sahara Bank Accounts Manager detained for embezzlement, pending trial (libyaherald.com)Six Sahary Bank officials jailed for defrauding the bank of LD 1.5 million (libyaherald.com)Libyan Islamic Bank introduces country’s first e-instalment sale service (libyaherald.com)Libyan Islamic Bank and Dokkan sign e-payment agreement (libyaherald.com)Wahda bank offers Islamic banking loans for building materials, home furniture and cars (libyaherald.com)Hay Andalus Municipality and Jumhouria bank discuss Islamic loans for domestic solar systems | (libyaherald.com)North Africa bank offers Islamic Murabaha loan for household goods | (libyaherald.com)Jumhouria bank offers Murabaha Islamic banking loans for Hyundai cars | (libyaherald.com)Libya’s Jumhouria bank offers cars for sale on Islamic ‘‘Murabaha’’ basis | (libyaherald.com)CBL east’s Islamic banking conference postponed to 6-7 November | (libyaherald.com)CBL eastern branch organizing Islamic banking conference | (libyaherald.com)Jumhouria bank offers Murabaha Islamic banking loans for Hyundai cars | (libyaherald.com)CBL workshop with World Bank on introduction of Islamic banking into Libya | (libyaherald.com)CBL Islamic banking conference postponed to 29-30 March | (libyaherald.com)PPPs work well with Islamic banking – Adrian Creed of Clyde & Co. | (libyaherald.com)CBL Islamic banking conference 1-2 March | (libyaherald.com)CBL holds Islamic banking meeting with local bank heads | (libyaherald.com)The Central Bank and Islamic banking plans | (libyaherald.com)Employees want Islamic banking | (libyaherald.com)Islamic banking workshop at Central Bank | (libyaherald.com)

Source: Libya Today June 09, 2024 16:40 UTC