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Saturday, 23 June 2007

Profile 002 - American Finance House-LARIBA-USA

American Finance House - LARIBA was established in 1987 in the City of Pasadena, California, USA. The company founders are a group of business men and women who believe in the LARIBA system of banking as the true expression of "halal" Banking and Financing. LARIBA is the acronym for " Los Angeles Reliable Investment Bankers Associates." American Finance House is licensed in the state of California as a Finance lender. 

The company is headquartered in Pasadena, California ( 18 miles or 32 kilometers north east of Los Angeles). The company is registered to conduct business in all the states except New York. THE BANK OF WHITTIER, NA can also serve you using the LARIBA model in ALL states.

The company's main goal is to provide "LARIBA" financing to all people regardless of their national origin, religious beliefs, gender or color. American Finance House LARIBA, since its inception, has distributed competitive profits and dividends which are believed to be proper and halal from a LARIBA point of view. 

The company made halal investments available to many community members. The company specializes in single family home financing and in small and medium size business financing using the leasing model (Ajarah) and / or joint venture (Musharakah).

The company acts as a prudent money/asset manager responsible for stringent due diligence in evaluating investment opportunities, which match the investment style and temperament of the shareholders and owners of assets.

Editor's note: The acronym, LARIBA also means no riba or no interest in Arabic.

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