Tag Archives | Shariah-compliant services

New Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Construction of Fire Training Ground Facility at Ghanfooda, Arabian Gulf Oil Company (AGOCO) Provision of Heat Exchangers Dedicated Services at Mellitah Complex , Mellitah Oil & Gas Takaful Medical Fund Management Services, Mabruk Oil Operations (Source: National Oil Corporation) (Picture: Call for tender written […]

Mellitah Seeks Provider of Takaful Insurance

The Mellitah Oil & Gas Company (Gas division) intends to issue the tender below and wishes to invite for pre-qualification interested, experienced and reputable companies specialized in providing similar services for inclusion in the bidders list: TENDER NO. (ITT/005/ER/15) Provision of Takaful Medical InsuranceServices to Mellitah Oil & Gas Employees & Dependants. SCOPE OF WORK […]

Akakus Tenders for Health Insurance Pre-Qual

Akakus Oil Operations (formerly Repsol Oil Operations) has declared for tender pre-qualification of Commercial Health Insurance and Islamic Jointly [Mutual] (Takaful) Insurance for its employees and their family members including parents, totaling 7778 members. The Local, Joint And Global Companies specialized and competent in this field, and have the technical and financial resources for the […]

Cental Bank Announces Islamic Banking Conference

Preparations are underway for an international conference organized by the Central Bank of Libya in collaboration with the World Bank and the Islamic Development Bank on Islamic banking in Libya. The CBL has announced that the event will be held on 1st and 2nd of March, 2014. (Source: CBL)

Libyan Foreign Bank Considers Strategy

The Libyan Foreign Bank (LFB) has begun a a three-day seminar to see how it can better integrate its banking subsidiaries in 22 countries throughout Africa, Europe and the Middle East, according to Libya Herald. LFB chairman Ben Issa Ahmed explained that, along with Libya itself, the bank had undergone many changes and needed to […]

Central Bank Signs Islamic Banking Deal

The Global University of Islamic Finance and the Central Bank of Libya, signed a Memorandum of Understanding (MOU) to collaborate in the areas of executive training and education in Islamic finance. The collaboration is in line with International Centre For Education In Islamic Finance (INCEIF) vision to be the knowledge leader in Islamic finance through […]

Qatari Bank Targets Libya

A Qatari bankm is reported to be seeking shareholder approval increase its capital in order to buy a strategic stake in a Libyan commercial bank. In a bourse filing, he sharia-compliant Masraf Al Rayan bank said it will ask shareholders to approve the stake purchase, but it did not say which Libyan bank is to […]