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

popularize the RF banking services to people of all faiths and make it easy to compare RF banking to the existing riba-based con ...

orders, wire transfers, and basic management of daily reports and transactions. In addition, the following are samples of the ba ...

in loans to the bank, prompting the banker to be a ‘‘salesman’’ of loans and to encourage prospects to rent money at a ‘‘lower’’ ...

The RF Private Banker TheRF private bankerfunction was designed to pro- vide each customer with a well-trained and seasoned comm ...

factor in that success story. In fact, we at the RF bank believe that the success of the customer will lead to our success throu ...

States. The goal of the RF credit analyst is to conduct a thorough analysis of the financing application at hand and to develop ...

chimpanzee: speaking the truth and not betraying the trust vested in him/ her. This segment takes approximately 90 minute to two ...

results. Our bank was introduced to the leaders of thought and the produc- ers of talent in the immediate community. We understa ...

the customer’s business and family. We have trained the tellers and the op- erations personnel to be polite, courteous, and help ...

We pioneered theBank of Whittier RF Open University. The university is convened twice a year. Each session lasts 45 days, meetin ...

Reading Discipline The staff members are trained to read with their fingers. Each staff member is asked to touch every letter, i ...

aware of the severe punishment thatawaits embezzlers and bank work- ers who steal. Management stresses beyond any doubt or mercy ...

citizens are frequently the victims of choice of con artists. We show and dis- cuss a videotape that illustrates procedures that ...

look at risk assessment and risk management. Financial institutions are used to doing in-depth evaluations in lending, data proc ...

or to meet ‘‘loan production’’ quotas, particularly when it comes to custom- ers who could not afford to pay the loans back. The ...

who want to finance the purchase of a car, a home, a commercial building, or a business. The promise of these customers to pay b ...

language and accounting principles and abiding by all U.S. accounting regu- lations, principles, and standards. However, that do ...

Income Ideally, the main income source of the riba-based conventional bank should come from the interest income earned on loans, ...

Another expense that the bank management always must estimate care- fully and take into consideration is to allow for any loan ( ...

attention to the minute details. That is why the centralized model, in which mega-banks acquire smaller banks and centralize dif ...