Hay Andalus Municipality and Jumhouria bank discuss Islamic loans for domestic solar systems
By Sami Zaptia.
London, 14 September 2020:
- Municipality leads the way to solar power use
- Seeks Islamic/ Murabaha loans for purchase of domestic solar systems
- Jumhouria bank has specialized Islamic/ Murabaha Department
- Jumhouria bank is a state bank and Libya’s largest bank
- Beginnings of cultural change towards solar power use
- Central government not taking lead
- Crippling and continuous power cuts over last 9 years
- Power cuts forcing cultural change towards solar use
- Hay Al-Andalus is experimenting . . .
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