The Governor of the Central Bank of Libya (CBL), Al-Siddiq Al-Kabir, and his deputy, Marai Al-Barasi, have discussed developments in the Islamic finance sector, and the role of the Islamic finance sector in supporting sustainable economic growth and financial inclusion.
This came during the 43rd meeting of the Supreme Council for Islamic Financial Services, which was held in Jeddah, Kingdom of Saudi Arabia.
The Islamic Financial Services Council aims to develop and enhance the strength and stability of the Islamic financial services industry, by issuing precautionary standards and guiding principles.