The Art of Islamic Banking and Finance: Tools and Techniques for Community-Based Banking

Strategies Designed and Steps Implemented by the New Management The following is a list of the strategies developed and the step ...

the bank. In addition, the RF private banker is responsible for know- ing the family and its members, understanding their aspira ...

&Contacting our community members in our Community Re- investment Act (CRA) assessment area, especially those who have been ...

sophisticated, and highly analytical credit analyst. I reasoned that this per- son did not have to have any banking experience. ...

tell her that she had written a check without sufficient funds to cover it. We all were surprised, because she never apologized ...

All board members, management, and staff of the bank sincerely believe that the various internal and external audits and the ons ...

risk profile. The board of directors must carefully consider how exten- sive the audit program must be to effectively test and m ...

render an opinion on the bank’s financial statements and/or other bank functions, depending on the type of audit being conducted ...

firms, bank consulting firms and/orother parties knowledgeable in banking. Please note that the frequency of the audits suggeste ...

the bank’s adherence to consumers’ compliance regulations to ensure that the bank has adequate systems and control procedures to ...

concerns outlined by the audit, list the corrective actions already taken, and identify specific recommendations, plans, and the ...

Yahia Abdul-Rahman, Mike Abdelaaty, and Gary S. Findley, Esq.,The Chal- lenges of Offering a LARIBA Products and Services Windo ...

CHAPTER 12 Operating an RF Bank in the United States A bank—also known as a government chartered (licensed) depository in- stitu ...

the deposited funds in financing different projects. As the funds available to the banker grow—as in the case of the mega-banks— ...

think of the process of financing (lending in a riba-based bank) as a process of investing prudently with the customer. The RF b ...

services available in the world. The reason is that these products and ser- vices comply with the most sophisticated and best de ...

The Added Value of RF Banking New RF banking institutions need to let the market know—through prac- tice, experience, and track ...

money. The foundation of the RF banking and finance system (riba-free and gharar-free) is based on the moral andethical values a ...

The Spirit of the Riba-Free and Gharar-Free (Islamic) Banking and Finance System Money is a manmade measuring device, created to ...

to remember that the most overriding goal of Shari’aa is to bring what is beneficial and useful to the community and to drive aw ...