The Art of RF (Riba-Free) Islamic Banking and Finance: Tools and Techniques for Community-Based Banking (Wiley Finance)
| Author | : | |
| Rating | : | 4.65 (906 Votes) |
| Asin | : | 111877096X |
| Format Type | : | paperback |
| Number of Pages | : | 544 Pages |
| Publish Date | : | 2014-10-29 |
| Language | : | English |
DESCRIPTION:
As an alternative, riba-free (RF) Islamic banking is gaining ground. By focusing on community development rather than renting money and collecting interest, RF banking offers a path to avoiding the greedy, unethical, and predatory practices that can often be encountered in traditional finance, while abiding by the laws of both the United States and the Judeo-Christian-Islamic system.Based on traditional Judeo-Christian-Islamic principles, RF banking adds value to the business of the financing community's needs and has proven to be more prudent and economically effective than traditional banking in economic bubble crises. The Art of RF (Riba-Free) Islamic Banking and Finance is the only book on the market to deal comprehensively with these t
Don't waste your money Frank & Salma From the back cover and the ToC and the publication by Wiley Finance, I expected a professional and objective analysis of Islamic Finance. Unfortunately, the book is neither. The author is telling stories that are not backed up by a single reference or source, for example that Jesus learned from the Talmud that interest is evil. And how do we know that? The following passage should suffice to illustrate the problem: "In the case of fungibles (such as wheat, which will be consumed or changes its nature upon use), it would be unjus. Client d'Amazon said Muslim community banking. The new edition of Dr Yahia Abdul-Rahman's book follows the success of the first edition. He demonstrates the viability and sustainability of riba free Islamic banking. The absence of riba ensures greater stability for Islamic banking, even in countries where the interest based model is dominant. This book was the first to examine the Islamic banking experience in the United States, at first sight an unpromising environment for Islamic banking. Yet as the study shows both the Whittier Bank in Dallas Texas and La Riba of southern . This second edition of the Art of Riba-Free Islamic Banking This second edition of the Art of Riba-Free Islamic Banking and Finance offers an insightful, powerful and at the same time practical on the implementation of Islamic banking and finance in different legal environments particularly in the United States. The book contains very significant information on the fundamental principles of Islamic banking and finance and more importantly enlighten the readers with the unique characteristics of riba-free banking. The 'inclusivist approach' of this book by bringing the traditional Judeo-Ch
Updated and expanded insights into Islamic banking and financeFrom 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 o
YAHIA ABDUL-RAHMAN came to the United States from Egypt in 1968. 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.. T