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

(Tina Meador) #1

  1. Yahia Abdul-Rahman, Mike Abdelaaty, and Gary S. Findley, Esq.,The Chal-
    lenges of Offering a LARIBA Products and Services Window in an American
    Bank, presented at the Harvard University Seminar on Islamic Banking, 1999.

  2. CDARS stands for ‘‘Certificate of Deposit Account Registry Service,’’ which
    offers CD investments insured up to $50 million by capitalizing on the network
    of member banks accepting tranches of the deposit and swapping it with a de-
    posit from that bank in the originating bank. This allows the originating bank
    to access the FDIC coverage of the corresponding bank.


314 THE ART OF ISLAMIC BANKING AND FINANCE

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