HistoryIn April 2001, LARIBA was the FIRST Islamic Finance Operation in the West to be approved for investing Freddie Mac's money using the LARIBA Islamic Home Finance Model. In 2002 LARIBA became the ONLY US-Based Shari'aa Compliant Riba-Free Finance Company to be approved by the largest mortgage investor in the world, Fannie Mae. We thank Allah for these historic achievements and the dedicated quality work of all LARIBA Professionals. LARIBA does not borrow money from Freddie Mac/ Fannie Mae Nor Sell Loans. Freddie Mac / Fannie Mae is an investor in the LARIBA Financed Homes. Every single home is presented to Freddie Mac / Fannie Mae on line for approval or disapproval. If approved, LARIBA would forward the money from its own funds to purchase the house and is paid within a week or less by Freddie Mac / Fannie Mae. LARIBA does not charge Freddie Mac / Fannie Mae interest for using the money during that week's time.SpecialtiesRF(RIBA Free) Home financing. RF(RIBA Free) Car financing. RF(RIBA Free) Business financing. Lowest Rates, Lower Closing cost among all regular and Islamic Finance Companies & Banks Fast closing Less than 3 weeks. Can be in two weeks in many cases. Only Riba Free (RF) Company Independently Audited for Shari'aa Compliance - Raqaba, A world class Shari'aa Audit CO, Found LaRiba model fully complaint

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