Yes, you can make labneh yogurt. To do this you'll want to make normal yogurt, adding 25% to the ferment time to get a thicker, more sour yogurt. After that you can strain the yogurt, at first with gravity and then by squeezing it, to get as much liquid as possible out of it. After this you can put the yogurt in the fridge and let the liquid seep out and the fermenting continue until you have your desired labneh consistency.