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Islamic Development Group and Libya to set up finance mechanisms for SMEs

Islamic Development Group and Libya to set up finance mechanisms for SMEs

During the 29th CONCEC session held in Istanbul this week, the Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank Group (IDB), and the Libyan Ministry of Economy signed an agreement calling for the structuring of several Shariah-complaint finance mechanisms to address the small and medium enterprises (SMEs) and the unemployed Libyan youth.

Islamic Banking

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