2023-07-12

Circular 8/2017

The regulatory authority issues Circular 8/2017 to define the eligibility criteria for registering Sharia Supervision Board members with banks and financial institutions. The document mandates that all candidates meet specified academic, professional, and Sharia compliance standards to qualify for inclusion in the official register. It further outlines the application procedures, documentation requirements, and renewal conditions to ensure consistent regulatory oversight of board members.

Libya

Central Bank of Libya

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Circular 8/2017

Year: 2017

Conditions for Registration in the Register of Sharia Supervision Board Members at Banks and Financial Institutions

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