Patents by Inventor Mohamad Lutfi Hammour

Mohamad Lutfi Hammour has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20130173454
    Abstract: A computer system including data processing means arranged for receiving information into memory, the information enabling a transaction wherein a first party obtains property financing from a first financier by providing equitable title to the first financier and incurring obligations under a lease to the property, and wherein the first financier obtains funding for the financing from a second financier by providing at least some of the first financier's rights in the property, wherein the data processing means includes control means disposed to apply a Sharia compliance standard to the information control the computer system in carrying out a transaction compliant with the standard.
    Type: Application
    Filed: December 6, 2005
    Publication date: July 4, 2013
    Inventors: Thomas R. Gainor, Mohamad Lutfi Hammour
  • Publication number: 20110153492
    Abstract: A computer system including data processing means arranged for receiving information into memory, the information enabling a transaction wherein a first party obtains property financing from a first financier by providing equitable title to the first financier and incurring obligations under a lease to the property, and wherein the first financier obtains funding for the financing from a second financier by providing at least some of the first financier's rights in the property, wherein the data processing means includes control means disposed to apply a Sharia compliance standard to the information control the computer system in carrying out a transaction compliant with the standard.
    Type: Application
    Filed: December 6, 2005
    Publication date: June 23, 2011
    Inventors: Thomas R. Gainor, Mohamad Lutfi Hammour
  • Publication number: 20040177029
    Abstract: A computer system and computer-aided method for securing a Shariah-compliant credit enhancement, the method including the steps of: entering a property value and a property financing amount as input to a computer; computing, from the property value and a property financing amount, a quantity of mortgage insurance coverage required to satisfy a Shariah-compliant credit enhancement; and securing a mortgage insurer's commitment to an intermediary to insure a home financing contract, wherein the intermediary is not a lender or borrower. System-provided documentation is also included.
    Type: Application
    Filed: October 7, 2003
    Publication date: September 9, 2004
    Inventors: Mohamad Lutfi Hammour, Larry Kershner, Harvey Weiner