WHAT IS IN LIBYA A SHARIA COMPLIANT CREDIT CARD ?
In Libya, a Sharia-compliant credit card is a card product issued by a bank that aligns with Islamic finance principles—avoiding riba (interest) and excessive gharar—and operating under the oversight of a Sharia Supervisory Board.
In recent years, Libyan banks have expanded Islamic offerings alongside conventional services, and the Central Bank of Libya has referenced Islamic banking governance at the sector level. Several banks advertise card products and, in some cases, explicitly note Sharia compliance on their card pages.