Abstract:
This study aims to identify the extent of the Libyan Islamic banking contribution to achieving
economic development, through studying the Bank of the Republic, represented in the
management of the branches of the Benghazi area and the national commercial Bank (NCB)
of Al-Bayda. The researcher Use a descriptive hmethod, in addition to collecting data and
information from references and books as well as the collection of practical data using the
questionnaire list that was designed according to the Likert five-way method and was
distributed to the study sample, which was a department of Islamic banking and investment
management in the two banks, and the two samples were treated as they are one sample
because the purpose of the study is not to know the difference between the two samples or
their arrangement but increasing sample volume so be reflective of the study population of a
Libyan commercial banks that have implemented Islamic banking. The study concluded that
the Islamic banking in Libya contributes to achieving economic development through its financing formulas and the investment it provides works to activate the national economy and
provide the necessary funds for owners of small and medium projects by taking care of
investment projects, activating the funds, achieving fair distribution and directing the money
on its right track in a way that serves the individual and society.
