art of Islamic banking and finance, The
Book Description
Discover a revolutionary approach to banking that aligns financial practices with timeless spiritual principles. Yahia Abdul-Rahman, a pioneering figure who has served as both banker and Islamic scholar for over four decades in America, presents a comprehensive exploration of Riba-Free banking that transcends religious boundaries.
This groundbreaking work traces the historical and theological foundations of interest prohibition across Judaism, Christianity, and Islam, revealing shared wisdom that has guided ethical finance for millennia. Abdul-Rahman draws from his extensive experience establishing LARIBA, a finance company in California, to demonstrate how ancient principles can transform modern banking practices.
The book illuminates the mechanics of contemporary money creation, the Federal Reserve system, and American banking while introducing innovative concepts like commodity indexation to prevent economic bubbles. Readers will explore how these principles reshape consumer behavior and redefine the role of financial institutions.
Through detailed case studies and real-world applications, the author shows how spiritual law can be integrated into everything from home mortgages to investment portfolios. This approach emphasizes socially responsible investing while offering practical alternatives to conventional financial engineering.
Whether you seek to align your financial choices with your values or understand how ancient wisdom applies to modern economics, this work offers a thoughtful bridge between spiritual principles and practical finance. The result is a banking model that serves people of all faiths while honoring timeless ethical foundations.
Who Is This For?
📖 Reading Level: Medium (200-400 pages) (~11 hours)
📄 Length: 396 pages
What You'll Discover
- ✓ Explore Banks and banking, islamic countries
- ✓ Explore Finance
- ✓ Explore Religious aspects
- ✓ Explore Religious aspects of Finance
- ✓ Explore Religious aspects of Banks and banking
- ✓ Explore Banks and banking
- ✓ Explore Finance, middle east
- ✓ Explore Islam