It is the only RF finance model with real added value RIBA Free business financing. LARIBA Model

LARIBA Riba Free Islamic Sharia Compliant Mortage Home Financing. Call us Toll free: 1-888-LARIBA-1 Contact; RF Banking; Facebook; LinkedIn [Skip to Content] Call us Toll free: 1-888-LARIBA-1. Serving you since 1987. 15141 East Whittier Boulevard, Suite 400 Whittier, CA 90603 (562) 693-1241.

LRIBA is the ONLY Riba Free (Islamic) Finance Company in America that subjects itself to an ANNUAL Independent Shari’aa Audit and publishes it on its website. The link for the latest audit dated Aug 30, 2022, is: https://www.lariba.com/sitephp/pdf/Shari'a_Audit_Report_2022_English.pdf

Our proprietary model does the arithmetic using the proprietary Riba Free algorithm. The LARIBA Computer Model inputs are: the property value, amount to be financed, the number of years to pay back and the monthly rental value obtained from the market.

What is Interest / Riba? Interest is the rent of money, and is called in the Islamic Jurisprudence “Riba” and in the Old Testament “Ribbit”. In a Conventional Riba institution the Riba Banker rents you the money at a rental rate called interest.

Most take advantage of RIBA interest based FDIC insured deposits in the banks, borrow money for buying homes using RIBA mortgages, use their credit cards and sometimes extend its use as a source of RIBA based credit and take home equity RIBA based line of credit.

There are two types of Riba: 1. Riba Al-Fadl, which is an added charge to the money loaned because of delayed payment, which is definitely PROHIBITED and 2. Riba Al-Nasi’aa, which is a function of the term of financing (number of years to repay the loan.)

RIBA & LARIBA, What is the Difference RIBA in the Qur'an (Chapters 2 , 3 , 4 , and 30 ) RIBA in Abrahamic Faith *New*

Rest of the Riba Conventional Banks, wPrepare to Meet the Demand within that Vision, wInnovate and Build the “Digital Arc” that will Present the First Model for the Future, and wModify the System as Needed Based on Operating Experience

Many translate RIBA as interest (The word LARIBA consists of two parts "LA" which means No and "RIBA" which means to grow, connotating the concept of money growing just because it is lent out regardless of the purpose of lending it. The LARIBA system is a development banking system at heart).