The Art of Islamic Banking and Finance: Tools and Techniques for Community-Based Banking
E1FPREF 10/26/2009 17:21:27 Page 19 started activating, formalizing, structuring, and institutionalizing the Islamic Sunday scho ...
E1FPREF 10/26/2009 17:21:27 Page 20 and he heard me deliver a Friday sermon (jum’aa khutbah) at the masjid. We became close frie ...
E1FPREF 10/26/2009 17:21:27 Page 21 sure that we did not use the American Muslim as a marketing front for the same conventional ...
E1FPREF 10/26/2009 17:21:27 Page 22 States and Canada. In addition, we were invited to present at international conferences in M ...
E1FPREF 10/26/2009 17:21:27 Page 23 LARIBA decided to create a new award called the Life Time Achievement Award, and we gave it ...
E1FPREF 10/26/2009 17:21:27 Page 24 charging or paying interest. We at LARIBA agreed with Freddie Mac that we would look at them ...
E1FPREF 10/26/2009 17:21:27 Page 25 the irresponsible behavior of people who are supposed to be the trusted cus- todians of our ...
E1FPREF 10/26/2009 17:21:27 Page 26 that concluded that the Christian God and the Muslim God (Allah) are in- deed the same. This ...
E1FPREF 10/26/2009 17:21:27 Page 27 bank regulation titled the Community Reinvestment Act. Our vision is to have an RF banking a ...
E1FPREF 10/26/2009 17:21:27 Page 28 NOTES Freddie Mac is a government-sponsored corporation that provides a secondary market fo ...
E1FLAST 10/26/2009 17:38:29 Page 29 ACKNOWLEDGMENTS A s I sat down to reflect on whom to acknowledge, I found it to be a very di ...
E1FLAST 10/26/2009 17:38:30 Page 30 under secretary of education in the field of finance and administration when he died. His la ...
E1FLAST 10/26/2009 17:38:30 Page 31 remember, this was an important lesson and milestone in my life at the ten- der age of 7. I ...
E1FLAST 10/26/2009 17:38:30 Page 32 As I concluded my life in Egypt and before I left for America at the age of 24 in the year 1 ...
E1FLAST 10/26/2009 17:38:31 Page 33 Richard St. John and Muhammad Elbeleidy. Richard St. John for introduc- ing me to a new way ...
E1FLAST 10/26/2009 17:38:31 Page 34 friends and developed a wonderful community. I shall always remember our friends Mr. Ghulam ...
E1FLAST 10/26/2009 17:38:31 Page 35 Mr. Sabry Abdel Azeez who worked with me to register the company and get it started. I also ...
E1FLAST 10/26/2009 17:38:31 Page 36 ...
CHAPTER 1 Introduction T his book is for all people of all faiths. Many may think that Islamic bank- ing is for the Muslims only ...
to meet their basic necessities through the act of renting them money at a price called ‘‘interest.’’ RF banking is a brand of b ...
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