Islamic Finance

Libya to get two new Islamic bank listings following re-opening says bourse boss


Published 05 May,2021 via Arab News - Economy RIYADH - Libya’s long dormant stock exchange will witness a number of public offerings this year, including two Islamic banks, Asharq Business reported.

A real estate investment fund offering is also in the pipeline along with a number of potential sukuk, the website reported, citing Ahmed Karoud, the general manager of the Libyan Stock Market.

The stock market is expected to reopen within the next five months after being closed for six years because of the war in the country.

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