The Art of RF (Riba-Free) Islamic Banking and Finance: Tools and Techniques for Community-Based Banking (Wiley Finance)

From Yahia Abdul-Rahman-the father of Riba-Free (RF) banking-comes the expanded edition of the definitive resource that offers an understanding for applying Islamic banking and financial practices. No matter what your faith or religious beliefs, the book shows how to take a modern American approach to incorporating Islamic financial principles into banking and investment techniques.

The Art of RF (Riba-Free) Islamic Banking and Finance describes the emergence of a culture of Islamic banking and finance today, which is based on the real Judeo-Christian-Islamic spirit and has proven very effective when compared to 20th century models that use financial engineering and structural techniques to circumvent the Shari'aa Law. The author also reveals information about how fiat money is created, the role of the Federal Reserve, and the US banking system. Abdul-Rahman includes a wealth of real-life examples and offers an analysis of how this new brand of banking and financing yields superior results.

• Offers the fundamentals on Riba-Free (RF) banking
• Shows how to apply RF to everything from joint ventures and portfolio management to home mortgages and personal finance
• Reveals what it takes to incorporate Shariah Law into US financial systems
• Includes information on why RF banking is a socially responsible way to invest

Thoroughly revised and updated, this resource offers a handbook for applying Shari'aa law to American banking and finance.

YAHIA ABDUL-RAHMAN came to the United States from Egypt in 1968. In 1987, he founded LARIBA, a highly successful RF (riba-free) finance institution in Pasadena, CA. Today, LARIBA continues to specialize in RF financing and is frequently profiled in media outlets around the world. Dr. Abdul-Rahman has also co-funded numerous Islamic schools and community centers in the United States and Canada, and is a frequent lecturer worldwide on Judeo-Christian-Islamic issues including banking and finance in the United States, Canada, Europe, Asia, and the Middle East.