diff --git a/ext/openssl/openssl.c b/ext/openssl/openssl.c
index 6518a719314fd..c34a8dae82490 100644
--- a/ext/openssl/openssl.c
+++ b/ext/openssl/openssl.c
@@ -351,12 +351,39 @@ int php_openssl_get_ssl_stream_data_index(void)
 	return ssl_stream_data_index;
 }
 
-/* {{{ INI Settings */
+static PHP_INI_MH(OnUpdateLibCtx)
+{
+#if PHP_OPENSSL_API_VERSION >= 0x30000
+	const char *name = ZSTR_VAL(new_value);
+
+	if (!strcmp(name, "default")) {
+		OPENSSL_G(ctx).libctx = OPENSSL_G(ctx).default_libctx;
+	} else if (!strcmp(name, "custom")) {
+		OPENSSL_G(ctx).libctx = OPENSSL_G(ctx).custom_libctx;
+	} else {
+		int err_type;
+		if (stage == ZEND_INI_STAGE_RUNTIME) {
+			err_type = E_WARNING;
+		} else {
+			err_type = E_ERROR;
+		}
+
+		/* Do not output error when restoring ini options. */
+		if (stage != ZEND_INI_STAGE_DEACTIVATE) {
+			php_error_docref(NULL, err_type, "OpenSSL libctx \"%s\" cannot be found", name);
+		}
+		return FAILURE;
+	}
+#endif
+
+	return SUCCESS;
+}
+
 PHP_INI_BEGIN()
 	PHP_INI_ENTRY("openssl.cafile", NULL, PHP_INI_PERDIR, NULL)
 	PHP_INI_ENTRY("openssl.capath", NULL, PHP_INI_PERDIR, NULL)
+	PHP_INI_ENTRY("openssl.libctx", "custom", PHP_INI_PERDIR, OnUpdateLibCtx)
 PHP_INI_END()
-/* }}} */
 
 /* {{{ PHP_MINIT_FUNCTION */
 PHP_MINIT_FUNCTION(openssl)
@@ -438,9 +465,7 @@ PHP_GINIT_FUNCTION(openssl)
 #endif
 	openssl_globals->errors = NULL;
 	openssl_globals->errors_mark = NULL;
-#if PHP_OPENSSL_API_VERSION >= 0x30000
-	php_openssl_backend_init_libctx(&openssl_globals->libctx, &openssl_globals->propq);
-#endif
+	php_openssl_backend_init_libctx(&openssl_globals->ctx);
 }
 /* }}} */
 
@@ -453,9 +478,7 @@ PHP_GSHUTDOWN_FUNCTION(openssl)
 	if (openssl_globals->errors_mark) {
 		pefree(openssl_globals->errors_mark, 1);
 	}
-#if PHP_OPENSSL_API_VERSION >= 0x30000
-	php_openssl_backend_destroy_libctx(openssl_globals->libctx, openssl_globals->propq);
-#endif
+	php_openssl_backend_destroy_libctx(&openssl_globals->ctx);
 }
 /* }}} */
 
diff --git a/ext/openssl/openssl_backend_v1.c b/ext/openssl/openssl_backend_v1.c
index 8b9ede38437d6..44b4e8a67a174 100644
--- a/ext/openssl/openssl_backend_v1.c
+++ b/ext/openssl/openssl_backend_v1.c
@@ -44,6 +44,16 @@ void php_openssl_backend_shutdown(void)
 #endif
 }
 
+void php_openssl_backend_init_libctx(struct php_openssl_libctx *ctx)
+{
+	// Do nothing as there is no libctx
+}
+
+void php_openssl_backend_destroy_libctx(struct php_openssl_libctx *ctx)
+{
+	// Do nothing as there is no libctx
+}
+
 EVP_PKEY_CTX *php_openssl_pkey_new_from_name(const char *name, int id)
 {
 	return EVP_PKEY_CTX_new_id(id, NULL);
diff --git a/ext/openssl/openssl_backend_v3.c b/ext/openssl/openssl_backend_v3.c
index e3c80cf659ba1..b542fc6c93e25 100644
--- a/ext/openssl/openssl_backend_v3.c
+++ b/ext/openssl/openssl_backend_v3.c
@@ -29,32 +29,47 @@ void php_openssl_backend_shutdown(void)
 	(void) 0;
 }
 
-void php_openssl_backend_init_libctx(OSSL_LIB_CTX **plibctx, char **ppropq)
+#define PHP_OPENSSL_DEFAULT_CONF_MFLAGS \
+	(CONF_MFLAGS_DEFAULT_SECTION | CONF_MFLAGS_IGNORE_MISSING_FILE | CONF_MFLAGS_IGNORE_RETURN_CODES)
+
+void php_openssl_backend_init_libctx(struct php_openssl_libctx *ctx)
 {
-	/* The return value is not checked because we cannot reasonable fail in GINIT so using NULL 
-	 * (default context) is probably better. */
-	*plibctx = OSSL_LIB_CTX_new();
-	*ppropq = NULL;
+	ctx->default_libctx = OSSL_LIB_CTX_get0_global_default();
+	ctx->custom_libctx = OSSL_LIB_CTX_new();
+	if (ctx->custom_libctx != NULL) {
+		/* This is not being checked because there is not much that can be done. */
+		CONF_modules_load_file_ex(ctx->custom_libctx, NULL, NULL,
+				PHP_OPENSSL_DEFAULT_CONF_MFLAGS);
+#ifdef LOAD_OPENSSL_LEGACY_PROVIDER
+		OSSL_PROVIDER_load(ctx->custom_libctx, "legacy");
+		OSSL_PROVIDER_load(ctx->custom_libctx, "default");
+#endif
+		ctx->libctx = ctx->custom_libctx;
+	} else {
+		/* If creation fails, just fallback to default */
+		ctx->libctx = ctx->default_libctx;
+	}
+	ctx->propq = NULL;
 }
 
-void php_openssl_backend_destroy_libctx(OSSL_LIB_CTX *libctx, char *propq)
+void php_openssl_backend_destroy_libctx(struct php_openssl_libctx *ctx)
 {
-	if (libctx != NULL) {
-		OSSL_LIB_CTX_free(libctx);
+	if (ctx->custom_libctx != NULL) {
+		OSSL_LIB_CTX_free(ctx->custom_libctx);
 	}
-	if (propq != NULL) {
-		free(propq);
+	if (ctx->propq != NULL) {
+		free(ctx->propq);
 	}
 }
 
 EVP_PKEY_CTX *php_openssl_pkey_new_from_name(const char *name, int id)
 {
-	return EVP_PKEY_CTX_new_from_name(OPENSSL_G(libctx), name, OPENSSL_G(propq));
+	return EVP_PKEY_CTX_new_from_name(PHP_OPENSSL_LIBCTX, name, PHP_OPENSSL_PROPQ);
 }
 
 EVP_PKEY_CTX *php_openssl_pkey_new_from_pkey(EVP_PKEY *pkey)
 {
-	return  EVP_PKEY_CTX_new_from_pkey(OPENSSL_G(libctx), pkey, OPENSSL_G(propq));
+	return  EVP_PKEY_CTX_new_from_pkey(PHP_OPENSSL_LIBCTX, pkey, PHP_OPENSSL_PROPQ);
 }
 
 EVP_PKEY *php_openssl_pkey_init_rsa(zval *data)
@@ -299,7 +314,7 @@ EVP_PKEY *php_openssl_pkey_init_ec(zval *data, bool *is_private) {
 			goto cleanup;
 		}
 
-		if (!(group = EC_GROUP_new_by_curve_name_ex(OPENSSL_G(libctx), OPENSSL_G(propq), nid))) {
+		if (!(group = EC_GROUP_new_by_curve_name_ex(PHP_OPENSSL_LIBCTX, PHP_OPENSSL_PROPQ, nid))) {
 			goto cleanup;
 		}
 
@@ -698,7 +713,7 @@ zend_string *php_openssl_dh_compute_key(EVP_PKEY *pkey, char *pub_str, size_t pu
 
 const EVP_MD *php_openssl_get_evp_md_by_name(const char *name)
 {
-	return EVP_MD_fetch(OPENSSL_G(libctx), name, OPENSSL_G(propq));
+	return EVP_MD_fetch(PHP_OPENSSL_LIBCTX, name, PHP_OPENSSL_PROPQ);
 }
 
 static const char *php_openssl_digest_names[] = {
@@ -754,7 +769,7 @@ static const char *php_openssl_cipher_names[] = {
 
 const EVP_CIPHER *php_openssl_get_evp_cipher_by_name(const char *name)
 {
-	return EVP_CIPHER_fetch(OPENSSL_G(libctx), name, OPENSSL_G(propq));
+	return EVP_CIPHER_fetch(PHP_OPENSSL_LIBCTX, name, PHP_OPENSSL_PROPQ);
 }
 
 const EVP_CIPHER *php_openssl_get_evp_cipher_from_algo(zend_long algo)
@@ -805,7 +820,7 @@ static int php_openssl_compare_func(Bucket *a, Bucket *b)
 void php_openssl_get_cipher_methods(zval *return_value, bool aliases)
 {
 	array_init(return_value);
-	EVP_CIPHER_do_all_provided(OPENSSL_G(libctx),
+	EVP_CIPHER_do_all_provided(PHP_OPENSSL_LIBCTX,
 		aliases ? php_openssl_add_cipher_or_alias : php_openssl_add_cipher,
 		return_value);
 	zend_hash_sort(Z_ARRVAL_P(return_value), php_openssl_compare_func, 1);
diff --git a/ext/openssl/php_openssl.h b/ext/openssl/php_openssl.h
index 67522f3d34717..92ccd9a546f9e 100644
--- a/ext/openssl/php_openssl.h
+++ b/ext/openssl/php_openssl.h
@@ -70,15 +70,24 @@ struct php_openssl_errors {
 	int bottom;
 };
 
-ZEND_BEGIN_MODULE_GLOBALS(openssl)
-	struct php_openssl_errors *errors;
-	struct php_openssl_errors *errors_mark;
+struct php_openssl_libctx {
 #if PHP_OPENSSL_API_VERSION >= 0x30000
 	OSSL_LIB_CTX *libctx;
-	char *propq;
+	OSSL_LIB_CTX *default_libctx;
+	OSSL_LIB_CTX *custom_libctx;
 #endif
+	char *propq;
+};
+
+ZEND_BEGIN_MODULE_GLOBALS(openssl)
+	struct php_openssl_errors *errors;
+	struct php_openssl_errors *errors_mark;
+	struct php_openssl_libctx ctx;
 ZEND_END_MODULE_GLOBALS(openssl)
 
+#define PHP_OPENSSL_LIBCTX OPENSSL_G(ctx).libctx
+#define PHP_OPENSSL_PROPQ OPENSSL_G(ctx).propq
+
 #define OPENSSL_G(v) ZEND_MODULE_GLOBALS_ACCESSOR(openssl, v)
 
 #if defined(ZTS) && defined(COMPILE_DL_OPENSSL)
diff --git a/ext/openssl/php_openssl_backend.h b/ext/openssl/php_openssl_backend.h
index 69317e3c7833b..4717ac26c4e74 100644
--- a/ext/openssl/php_openssl_backend.h
+++ b/ext/openssl/php_openssl_backend.h
@@ -237,10 +237,8 @@ void php_openssl_backend_init_common(void);
 void php_openssl_backend_gshutdown(void);
 void php_openssl_backend_shutdown(void);
 
-#if PHP_OPENSSL_API_VERSION >= 0x30000
-void php_openssl_backend_init_libctx(OSSL_LIB_CTX **plibctx, char **ppropq);
-void php_openssl_backend_destroy_libctx(OSSL_LIB_CTX *libctx, char *propq);
-#endif
+void php_openssl_backend_init_libctx(struct php_openssl_libctx *ctx);
+void php_openssl_backend_destroy_libctx(struct php_openssl_libctx *ctx);
 
 const char *php_openssl_get_conf_filename(void);
 
diff --git a/php.ini-development b/php.ini-development
index 162fb3f25c19c..4e18abb6e36f9 100644
--- a/php.ini-development
+++ b/php.ini-development
@@ -1857,6 +1857,14 @@ ldap.max_links = -1
 ; SSL stream context option.
 ;openssl.capath=
 
+; The libctx is an OpenSSL library context. OpenSSL defines a default library
+; context, but PHP OpenSSL also defines its own library context to avoid
+; interference with other libraries using OpenSSL and to provide an independent
+; context for each thread in ZTS. Possible values:
+;  "custom"  - use a custom library context (default)
+;  "default" - use the default OpenSSL library context
+;openssl.libctx=custom
+
 [ffi]
 ; FFI API restriction. Possible values:
 ; "preload" - enabled in CLI scripts and preloaded files (default)
diff --git a/php.ini-production b/php.ini-production
index 042d246943d81..da8b8a64bc844 100644
--- a/php.ini-production
+++ b/php.ini-production
@@ -1859,6 +1859,14 @@ ldap.max_links = -1
 ; SSL stream context option.
 ;openssl.capath=
 
+; The libctx is an OpenSSL library context. OpenSSL defines a default library
+; context, but PHP OpenSSL also defines its own library context to avoid
+; interference with other libraries using OpenSSL and to provide an independent
+; context for each thread in ZTS. Possible values:
+;  "custom"  - use a custom library context (default)
+;  "default" - use the default OpenSSL library context
+;openssl.libctx=custom
+
 [ffi]
 ; FFI API restriction. Possible values:
 ; "preload" - enabled in CLI scripts and preloaded files (default)