The Islamic Development Bank Institute (IsDBI) has collaborated with the Central Bank of Libya (CBL) to deliver three specialized capacity-building programs in Tripoli, Libya. The programs, which ran from 4 to 22 October 2026, equipped over 60 senior CBL professionals with knowledge and practical insights to support the development of the country's Islamic financial services industry. This initiative was implemented under an IsDB-funded Technical Assistance Project aimed at supporting the development of the Islamic financial services industry in Libya and strengthening institutional capabilities within the country's financial sector.
The three programs focused on "Shari'ah-Compliant Monetary Policy Tools," "Liquidity Management in the Banking System," and "Treasury Management in Central Banks." Each program comprised 20 intensive training sessions facilitated by subject-matter experts, Dr. Mohammed Saleh Ayyash of IsDBI and Dr. Fathalrahman Ali Mohammed Saleh of the Financial Investment Bank, Sudan. The sessions covered advanced topics in Shari'ah-compliant monetary policy and liquidity management, including the design and pricing of Islamic financial instruments and Sukuk.
Participants engaged in extensive discussions, case studies, and practical learning exercises that provided valuable insights into contemporary practices aligned with international standards and Islamic finance principles. The programs received highly positive feedback from participants, who commended their relevance, quality, and practical orientation. Each program concluded with a certificate-awarding ceremony recognizing the participants' successful completion of the training.
Alongside the programs, the IsDBI team also held a series of professional meetings with several beneficiary institutions of IsDBI Technical Assistance Projects. These visits included meetings with the Ministry of Finance, Areefi Bank, and Aljomhoria Bank, where discussions focused on project implementation progress and ensuring the timely execution of planned activities.
A scoping visit was also made to the Saving and Real Estate Investment Bank as a newly approved beneficiary of IsDBI technical assistance. Discussions focused on identifying priority technical assistance needs and possible project technical components, besides exploring avenues to maximize the development impact of the grant.
The successful delivery of these programs and engagement with important Libyan stakeholders reflect IsDBI's continued commitment to advancing human capital development, facilitating the transfer of knowledge and expertise, and strengthening institutional capacities across its member countries. IsDBI continues to support the sustainable growth and development of the Islamic finance industry worldwide through its technical assistance initiatives.
Through its technical assistance initiatives, IsDBI enables economic development by pioneering research, human capital development, and knowledge creation, dissemination, and management. The Institute leads initiatives to enable Islamic finance ecosystems, ultimately helping Member Countries achieve their development objectives.
Key points
- The Islamic Development Bank Institute delivered three specialized training programs in Islamic finance to over 60 senior professionals from Libya's Central Bank.
- The programs aimed to support the development of Libya's Islamic financial services industry and strengthen institutional capabilities within the country's financial sector.
- IsDBI continues to support the sustainable growth and development of the Islamic finance industry worldwide through its technical assistance initiatives.
