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

Praise for The Art of RF (Riba-Free) Islamic Banking and Finance " The Art of Islamic Banking and Finance gives a powerful, practical, and proven answer to the question of the hour: how to make banks responsible to the public they are meant to serve. The book offers not a theory but a report on how Islamic banking has successfully functioned in modern America." —Richard Bushman, Professor of History Emeritus, Columbia University " The Art of Islamic Banking and Finance is an insightful and sometimes surprising comparative study of the impact of Judeo-Christian-Islamic religious principles on the evolution of banking and finance in its various forms. One of Dr. Abdul-Rahman's key observations is this: it is not so much the fundamental principles that are different between Islamic and conventional finance, but rather their interpretation and application in modern practice. This fine work will appeal not only to those who wish to understand Islamic banking, but to anyone with an interest in our financial institutions and how and why they have evolved to what they are today." —Guy David, Partner, Gowling Lafleur Henderson LLP

Preface to the Second Edition Second Edition: Popularizing the RF (Riba Free) Movement Preface: My Story With RF (Riba Free Islamic) Banking and Finance in America Acknowledgments Chapter 1: Introduction Chapter 2: The Faith–Based Judeo–Christian–Islamic Foundation of the Prohibition of Interest and the RF (Riba–Free) Banking System Chapter 3: The RF Valuation Disciplines of Commodity Indexation and Marking to the Market Chapter 4: The Law: The Judeo–Chistian–Islamic Shari′aa Chapter 5: Money and Its Creation Chapter 6: Towards an RF Monetary Discipline: The RF Commodity Indexation Discipline Chapter 7: Civility and Social Responsibility of the RF (Riba–Free) Banking System Chapter 8: The Conventional Riba–Based Banking System Chapter 9: Comparing RF (Riba–Free) Banking and Conventional Riba–Based Banking: What is the Difference Chapter 10: RF (Islamic) Banking in the 20th Century Chapter 11: RF (Islamic) Banking Model for the 21st Century: The  LARIBA RF Model Chapter 12: Putting the RF Finance Movement and Discipline Together Chapter 13: Starting an RF Bank in the United States Chapter 14: RF Capital Markets Chapter 15: Case Studies ? Real Life Applyications of RF Finance Chapter 16: RF Credits (Loans) in Contrast to Types of  Riba–Based Credits Chapter 17: The RF Approach to Handling Troubled and Non–Performing Credits (Loans) Chapter 18: Visions for the Future of RF Banking Chapter 19: RF Banking: A New Banking Brand  for Banking  in the 21st Century About the Companion Web Site Index

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.