Annual Award:

Every year the Board Of Directors of American Finance House L.A.R.I.B.A. nominates a distinguished contributor to the growth, popularization and promotion of halal financing, economics and monetary theory.


COMPANY ANNUAL RECOGNITION AWARDS FOR EXCELLENCE AND SIGNIFICANT CONTRIBUTIONS TO L.A.R.I.B.A. BANKING AND FINANCE




2004 - The Fannie Mae Organization


2003 - Dr. Rifaat Abdel-Karim - IOC Muslim Central Banks


2002 - Mr. Saber Salam - Freddie Mac

Past Award Recipients

Year Recipient Award Country
2004 The Fannie Mae Organization
The Largest Home Mortgage Company in the US and the World. For becoming the first organization in the history of the World to believe in, help finance, and offer the FIRST EVER Ribbit/Riba-Free Mortgage Backed Securities in Collaboration with American Finance House LARIBA
LARIBA Award for Excellence in Islamic Banking Institutional Award Division USA
2004 Mrs. Donna Simpson
Customer Account Manager, Fannie Mae, Fannie Mae
LARIBA Award for Excellence in Islamic Banking Practitioner's Division. For her dedicated and continual support of the Ribbit/Riba-Free efforts of American Finance House LARIBA and for patiently assisting LARIBA in Achieving the first ever Ribbit/Riba-Free Mortgage Backed Security in History. USA
2004 Mrs. Colette Porter, Sr. 
Affordable Housing Business Manager, Fannie Mae.
LARIBA Award for Excellence in Islamic Banking Practitioner's Division. For her patient and dedicated support of the Ribbit/Riba-Free Efforts of American Finance House LARIBA and guiding in achieving the first ever Ribbit/Riba-Free Mortgage Backed Security in History USA
2003 Dr. Jamal Badawi, 
Professor at Saint Mary’s University in Halifax, Nova Scotia, Canada
LARIBA Award for Excellence in Islamic Banking Practitioner's Division. He is currently a cross-appointed faculty member in the Departments of Religious Studies and Management.  He has pioneered the Concept of Shared Housing Financing (Islamic Home Financing) which has been accepted as the standard model of financing in North America for the over 20 Years. Canada
2003 Dr. Rifaat Abdel-Karim
Secretary-General, Islamic Financial Services Board – The Board of IOC Muslim Central Banks - Kuala Lumpur
LARIBA Award for Excellence in Islamic Banking Academic's Division. Dr. Abdel -Karim has contributed exceptional efforts to establishing the Accounting & Auditing Organization for Islamic Financial Institutions (“AAOIFI”) which sets the operating standards for Islamic Financial Institutions worldwide. Malaysia
2002 Mr. Saber Salam
Vice President, Freddie Mac
LARIBA Award for Excellence in Islamic Banking Practitioner's Division USA
2002 Mr. James F. Carey
Director, Policy and Program Assessment, Freddie Mac, Herndon, VA, USA
LARIBA Award for Excellence in Islamic Banking Practitioner's Division USA
2002 Mrs. Marcia A. Secord
Pasadena Neighborhood Leadership Institute
SPECIAL LARIBA Award For Community Service USA
2001

Prof. Mahmoud El-Gamal
Chaired Professor, Islamic Economics, Professor of Economics and Statistics, Rice University, Houston, Texas, USA
LARIBA Award for Excellence in Islamic Banking ACADEMIC'S DIVISION USA
2001 Mr. Pervez Nasim
President, Islamic Co-Operative Housing Corp., Toronto, Canada
LARIBA Award for Excellence in Islamic Banking Practitioner's Division Canada
2001 Mr. Tommy McMullins
President of the Pasadena Schools Board, Pasadena, California, USA
Special LARIBA Award for Community USA
2001 Mrs. Teresa Watanabe
Religious Writer for the Los Angeles Times Daily Newspaper, Los Angeles, California, USA
Special LARIBA Award for Fair Reporting USA
2000 Mr. Iqbal Khan
Managing Directur Hong Kong & Shanghai Bancorp HSBC Amanah Finance, London, United Kingdom
LARIBA Award for Excellence in Islamic Banking Practitioner's Division UK
2000 Mr. Thomas Mullins
Executive Director of the Harvard Islamic Finance Information Program, California, USA
LARIBA Award for Excellence in Islamic Banking Academics Division USA
1999 Dr. Saleh Jameel Malaikah
Chief Executive Officer Albaraka Investment & Development Co. Saudi Arabia
LARIBA Award for Excellence in Islamic Banking Saudi Arabia
1999 Mr. Razi Mohiuddin
Co-Founder of Onsale.com, Pakistan.
LARIBA ENTREPRENEUR of the Year Award India
  Mrs. Marla Dickerson
Staff Reporter, Los Angeles Times Daily Newspaper, Los Angeles, California, USA
LARIBA Award for Fair Reporting USA
1998 Prof. Khurshid Ahmad
Minister of Planning Pakistan
LARIBA Award for Excellence in Islamic Banking Pakistan
1998 Zubair Kazi
Kentucky Fried Chicken (KFC), USA
LARIBA Award for Excellence in Islamic Banking USA
1997 Prof. Sabahattin Zaim
Dean of the Economics Department,
Sakarya University, Turkey
LARIBA Award for Excellence in Islamic Banking Turkey
1995 Mr. Mohammad Noor Bin Yackop
Adviser - ABRAR Group Int., Malaysia
LARIBA Award for Excellence in Islamic Banking Malaysia
1994 Mr. Saleh Abdullah Kamel
Chairman of Dallah Al Baraka Group, Saudi Arabia
LARIBA Award for Excellence in Islamic Banking Saudi Arabia
1993 Prof. Nejatullah Siddiqui
Professor, Alligarh Muslim University, India
LARIBA Award for Excellence in Islamic Banking India


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