This file is indexed.

/etc/xdg/libfm/libfm.conf is in libfm-data 1.2.5-1ubuntu1.

This file is owned by root:root, with mode 0o644.

The actual contents of the file can be viewed below.

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[config]
single_click=0
use_trash=1
confirm_del=1
terminal=x-terminal-emulator %s
thumbnail_local=1
thumbnail_max=2048

[ui]
big_icon_size=48
small_icon_size=24
thumbnail_size=128
pane_icon_size=24
show_thumbnail=1