{"id":253633,"date":"2025-04-15T21:06:56","date_gmt":"2025-04-15T19:06:56","guid":{"rendered":"https:\/\/sada.ly\/en\/?p=253633"},"modified":"2025-04-16T11:16:26","modified_gmt":"2025-04-16T09:16:26","slug":"exclusive-details-of-central-banks-instructions-on-launching-unrestricted-mudarabah-deposit-certificates","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/exclusive-details-of-central-banks-instructions-on-launching-unrestricted-mudarabah-deposit-certificates\/","title":{"rendered":"Exclusive: Details of Central Bank&#8217;s Instructions on Launching Unrestricted Mudarabah Deposit Certificates"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Our source has obtained the Central Bank of Libya&#8217;s instructions to banks regarding the launch of <strong>unrestricted Mudarabah deposit certificates<\/strong>, which are intended to invest customers&#8217; balances in investment accounts at Libyan banks. These certificates, issued by the Central Bank of Libya to commercial banks, carry an expected <strong>annual return of 5.5% for the banks<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the circular, banks will issue <strong>unrestricted Mudarabah deposit certificates<\/strong> to their clients who hold investment accounts, for the same terms and durations announced by the Central Bank. These are specifically designated for the balances in clients&#8217; investment accounts, with an <strong>expected annual return of 5%<\/strong> for customers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These certificates are defined as a <strong>Sharia-compliant investment instrument<\/strong> (based on the Islamic Mudaraba system), meaning that customers can invest their funds (only from investment accounts) through them.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Expected return for customers:<\/strong> Approximately 5% annually<\/li>\n\n\n\n<li><strong>Return for banks (from the Central Bank):<\/strong> Approximately 5.5%<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">In simpler terms, a citizen who has an investment account in any bank can purchase one of these certificates. The bank then invests the money on behalf of the citizen, and at the end of the term, grants them the expected profits. The entire process is supervised by the Central Bank of Libya to ensure transparency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our source has obtained the Central Bank of Libya&#8217;s instructions to banks regarding the launch of unrestricted Mudarabah deposit certificates, which are intended to invest customers&#8217; balances in investment accounts at Libyan banks. These certificates, issued by the Central Bank of Libya to commercial banks, carry an expected annual return of 5.5% for the banks. [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":253635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":0,"_asgm_disable_schema":false,"_asgm_disable_faq":false,"_asgm_disable_howto":false,"_asgm_disable_llms":false,"_asgm_llms_description":"","footnotes":""},"categories":[2],"tags":[628,613],"class_list":["post-253633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-central-bank","tag-libya"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Exclusive: Details of Central Bank&#039;s Instructions on Launching Unrestricted Mudarabah Deposit Certificates - Sada Newspaper<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sada.ly\/en\/exclusive-details-of-central-banks-instructions-on-launching-unrestricted-mudarabah-deposit-certificates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exclusive: Details of Central Bank&#039;s Instructions on Launching Unrestricted Mudarabah Deposit Certificates - Sada Newspaper\" \/>\n<meta property=\"og:description\" content=\"Our source has obtained the Central Bank of Libya&#8217;s instructions to banks regarding the launch of unrestricted Mudarabah deposit certificates, which are intended to invest customers&#8217; balances in investment accounts at Libyan banks. These certificates, issued by the Central Bank of Libya to commercial banks, carry an expected annual return of 5.5% for the banks. 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