diff --git a/src/CMakeLists.txt b/src/CMakeLists.txt
index 24b3d98f..737b1438 100644
--- a/src/CMakeLists.txt
+++ b/src/CMakeLists.txt
@@ -2,7 +2,16 @@ add_subdirectory(common)
 add_subdirectory(emulator)
 add_subdirectory(unicorn-emulator)
 add_subdirectory(windows-emulator)
-if (NOT MOMO_BUILD_AS_LIBRARY)
+
+if (MOMO_BUILD_AS_LIBRARY)
+    if (TARGET zlib)
+        # Remove all properties and dependencies from the zlib shared lib target
+        # (this will keep the zlibstatic target)
+        set_target_properties(zlib PROPERTIES EXCLUDE_FROM_ALL TRUE)
+        set_target_properties(zlib PROPERTIES EXCLUDE_FROM_DEFAULT_BUILD TRUE)
+        message(STATUS "Target 'zlib' has been disabled in emulator-lib mode.")
+    endif()
+else()
     add_subdirectory(analyzer)
     add_subdirectory(fuzzing-engine)
     add_subdirectory(fuzzer)