Jews, Christians and Muslims all have as part of their religion a prohibition on dealing in interest. Non-interest based finance is now a multi trillion dollar industry, globally. Large Jewish-owned banks often operate under a global heter iska contract that establishes their operations as a form of partnership. Islamic banks, based on partnership models and employing trade and rental structures, are being established around the globe. Compared to much of the rest of the world, non-interest based finance is under-represented in the United States, particularly in the area of fixed-income investing. Abraham’s River, LLC aims to expand the amount of religiously-compliant financing available to those that may otherwise be under-served, but its focus aims to provide a series of religiously acceptable income-oriented investment options, modeled after how an Islamic bank would provide "deposit" like products.
Its investment mandate reads:
"Abraham’s River, LLC exists to pool funds to invest in predominantly cash-generating, relatively stable value assets in compliance with requirements of the Abrahamic faiths. Specifically, it will avoid investments in unclean foods, intoxicants, exploitation of vulnerable populations, weapons, overly-leveraged businesses, and other businesses seen as corrosive to society at large. No more than 10% of investments may be focused outside of the United States. Most of the investments of Abraham’s River are expected to take the form of financing transactions structured to comply with Islamic or Halachic law, real estate and related investments, and potentially alternative energy and select equity share transactions. The major, but not necessarily exclusive, focus is to be on assets that support the payment of a monthly dividend and a stable price for Membership Units of Abraham’s River LLC."
Company Details
- Employees
- 3
- Founded
- -
- Address
- 6445 N. Western Ave., Chicago,il,united States
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- abrahamsriver.com
- Keywords
- Chicago.
- HQ
- Chicago, IL
Abraham's River, Llc Questions
Abraham'S River, Llc's website is abrahamsriver.com
Abraham'S River, Llc's LinkedIn profile is https://www.linkedin.com/company/abrahamsriver
Abraham'S River, Llc has
3 employees.
View email and phone details for 3
employees at Abraham'S River, Llc.
Abraham'S River, Llc's industry is
Financial Services
Abraham'S River, Llc's top competitors are
Blue Trust,
Bright & Associates, Llc,
Faith Driven Investor,
Kingdom Economics Solution,
Verily Creative Capital Group, Llc,
Kingdom Advisors,
Forge,
Christian Business Angels,
Darra Consulting.
Abraham'S River, Llc's categories are Financial Services
Abraham'S River, Llc's founding year is 2015
