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RF BANKING ( Riba-Free Islamic Banking ) Towards A Real Riba-Free Life Style

RF BANKING ( Riba-Free Islamic Banking ) Towards A Real Riba-Free Life Style. Opportunities for Tomorrow: Laws of The Land in the West and The Shari’aa Dr. Yahia Abdul-Rahman Founder of The LARIBA System - Since 1987 GIFF – The Royal Award for Islamic Finance

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RF BANKING ( Riba-Free Islamic Banking ) Towards A Real Riba-Free Life Style

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  1. RF BANKING(Riba-Free Islamic Banking)Towards A Real Riba-Free Life Style Opportunities for Tomorrow: Laws of The Land in the West and The Shari’aa Dr. Yahia Abdul-Rahman Founder of The LARIBA System - Since 1987 GIFF – The Royal Award for Islamic Finance Kuala Lumpur, Malaysia – October 27, 2010

  2. Ribbit/Riba – Free Banking in the USAThe Laws of the Land and The Shari’aa The RF Industry: ACHIEVEMENTS Global Brand Name Qualified Human Resources Academic Research and Education Products and Services Infrastructure Abundant CAPITAL

  3. Back To The Future! RIBA/RIBBIT-FREE BANKINGFOR ALLLiving The Real Riba-Free Life Style FORM versus SUBSTANCE • RF Banking (Riba/Ribbit-Free “Islamic”): How a Wonderful Judeo-Christian-Islamic Law & Life Style were Reduced to A Set of Documents and Paper Transactions to Make It Look “ Compliant.” • The RF Movement Needs to Get Back on Track RF Banking (Riba/Ribbit-Free Banking)

  4. The RF Industry in the 20th CenturyThe Approach and Mechanics CHANGE The Local Laws and Contracts: Take Existing Products and Services and CHANGE Contracts to Make them Look Islamic…Financial Engineering. Lost In The Translation! “LIEN” was Mistranslated as “RAHN” (Pawn) and Not as “Implied Co-Ownership” of the Usufruct and Title!

  5. License Land Mortgages Project Manager Appointment Istisna’a Ijāra Purchase Understanding Sale Agency Agreement Sale Understanding Collateral Security Sukuk Certificates Bridge Financier Financial Sukuk Investment Manager SukukHolders SukukHolders SukukHolders Holding Company Bridge Financing Facility Investment Management Agreement Project Company Issuer Equity Project Manager Construction Contracts Trust-Agency Agreement Sale Agreements Leases Retail Purchasers Lessees Retail Purchasers Lessees Retail Purchasers Lessees Contractors

  6. The RF Industry: CHALLENGES How To Present A True Economic Tangible ADDED VALUE That Can Be Demonstrated How To Do Away with: Complicated Structures That Lead to Disputes and Lengthy Trials. Sophisticated Ruses, Circumventions and Financial Engineering That Create Disputes and Government Suspicions Riba /Ribbit – Free Banking in the USAThe Laws of the Land and The Shari’aa

  7. Riba/Ribbit – Free Banking in the USAThe Laws of the Land and The Shari’aa WHAT TO DO? WE MUST AGREE ON DEFINITION OF RIBA…It Is The Act Of Renting Money! WE MUST CHANGE OUR APPROACH WE MUST STRENGTHEN THE FOUNDATION OF THE “RF Finance’ STRUCTURE

  8. Riba/Ribbit – Free Banking in the USAThe Laws of the Land and The Shari’aa WHAT TO DO? WE MUST AGREE ON DEFINITION OF RIBA…It Is The Act Of Renting Money! WE MUST CHANGE OUR APPROACH WE MUST STRENGTHEN THE FOUNDATION OF THE “RF Finance’ STRUCTURE

  9. The RF Industry in the 21st CenturyA Tested Superior New Approach Respect the Body of Human Experience in Finance…It is Judeo-Christian-Islamic Finance for PEOPLE of ALL FAITHS! Start with What is Available, Understand It and Add to It: The LIEN (Imtiaz in Arabic) vs. the PAWN (Rahn in Arabic.) Demonstrate the Added Value of Using RF: Marking to Market Commodity Indexation Use Existing Simple Contracts with Additions

  10. The RF Industry in the 21st CenturyA Tested Superior New Approach Respect the Body of Human Experience in Finance…It is Judeo-Christian-Islamic Finance for PEOPLE of ALL FAITHS! Start with What is Available, Understand It and Add to It: The LIEN (Imtiaz in Arabic) vs. the PAWN (Rahn in Arabic.) Demonstrate the Added Value of Using RF: Marking to Market Commodity Indexation Use Existing Simple Contracts with Additions

  11. THE FINANCIAL MELTDOWN OF 2008 Applying RF Rules - Home Prices in Ounces of Gold Source: LARIBA Research Center

  12. COMMODITY INDEXATION RULEPrice of Gold in Terms of OilAn Average of 14 Barrels/Oz Gold

  13. COMMODITY INDEXATION RULEPrice of Wheat in Gold

  14. The RF Industry in the 21st CenturyA Tested Superior New Approach Dispute Settlement: The System of Arbitration has Resolved Many Business Disputes in the US Using the Principles of the Faith (Jews, Christians and Muslims.) Bank Regulators and Auditors: A Great Human Achievement for Cleansing the System Errors and Improving it. We Simply Need to Add A Jurisprudence (Shari’aa) Examination to the Regulators’ Safety and Soundness Annual Examination.

  15. LARIBA – RF BankingWE DO NOT RENT MONEY ; WE INVEST IN YOU We Answer To A Higher Authority - GOD! WE INVITE YOU TO LIVE WITHOUT RIBA!! Dr. Yahia Abdul-Rahman YARAHMAN@MSN.com 626 - 818 - 0855Or626 – 449 – 4401 X- O THANK YOU -QUESTIONS PLEASE!www.LARIBA.com

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