Quote from: iqlimasyadiqa on January 27, 2018, 11:24:41 AM

Quote from: anggriani on January 27, 2018, 09:48:13 AM

Quote from: seroja17 on January 27, 2018, 09:25:50 AM

Islamic banks using Islamic law are not only for the Muslim community, but also used by non-Muslim communities. The community began to use sharia banks due to the system used, which is a profit-sharing system between the community and the bank, also because the system of revenue sharing is fair in accordance with agreements that have been agreed.

Bank Syariah Bitcoin has a tremendous advantage over conventional banks, both spiritually and rationally. This excellence is the reason Muslims choose sharia banks. This project will explain why Muslims choose sharia banks in savings, time deposits, checking accounts and other products?

what if the shariah bank launched a loan program, in which the loan has an bank interest rate that is so large and very heavy for the borrower. is it permissible in Islam?

Loan money in a bank that is really based on Islamic law is Halal or allowed because in accordance with the rules of Islamic religion that we use. Basically in the Islamic religion we are allowed to provide loans and will get alms in accordance with the capabilities possessed by the borrower, but the reality is currently sharia banks still apply conventional system by determining interest rates in the absence of the cost of fines if we are late to pay. This proves that there are still schemes that are not in accordance with the rules that exist in the religion of Islam. If implemented in Bitcoin I think this should still be a material analysis because there are still many factors to be considered, in fact Islamic banks are still not able to fully comply with the rules. Moreover, Islamic bank of bitcoin, it is still a hope and our task is to keep trying to apply it in the future.

@iqlimasyadiqa were you also working with the IBB? Do you remember sondooq or senbonzakura?

Actually one of the reasons I quit working with the IBB is because I learned that this accepting of a gratuity or voluntary extra payment for a loan is not universally accepted by scholars, this is why I am working on a project now based on profit sharing about which there is no doubt in Islamic law.