Islamic Bank of Bitcoin{}بنك بتكوين الاسلامي

[senbonzakura]

Report May 2012

Income / Revenue

• Shares/Ads= 1.604 BTC
• Last Report= 18.00323016 BTC

Loans

• -------------------------------Repaid----------------------------------------------------------------------------------------
• 18.0 BTC loan to dank payback - 10/5/12 https://bitcointalk.org/index.php?topic=79709.0 {paid back}
• 10.0 BTC loan to tgmarks payback - 20/5/12 https://bitcointalk.org/index.php?topic=82632.0 {paid back + 0.75}
• 8.0 BTC loan to zer0 payback - 26/5/12 https://bitcointalk.org/index.php?topic=82630.0 {paid back + 2.0}
• 8.0 BTC loan to AndrewBUD payback - 9/6/12 https://bitcointalk.org/index.php?topic=83689.0 {paid back}
• --------------------------------Default---------------------------------------------------------------------------------------
• 4.50 BTC loan to iknowitsme payback - 31/5/12 https://bitcointalk.org/index.php?topic=83953.0{default}

Donation:-
8.18440084

Expenses:-
5.441631 - 34 MM shares

total =25.10 net profit/revenue->$130.26 @ current market rate
{6.5057277 BTC dividends paid on 30/8/11} (0.0065057277 per share)
{2.0077597 BTC dividends paid on 30/9/11} (0.0020077597 per share)
{2.0065126 BTC dividends paid on 01/11/11} (0.0020065126 per share)
{1.298860 BTC dividends paid on 30/11/11} (0.0012886 per share)
{10.30000 BTC dividends paid on 26/1/12} (0.0103 per share)
{5.00000 BTC dividends paid on 29/2/12} (0.005 per share)
{6.00000 BTC dividends paid on 31/3/12} (0.006 per share)
{2.00000 BTC dividends paid on 30/4/12} (0.002 per share)

Dividends will be paid on 31st May -2.00 BTC will be paid (2.00/1000=0.00200000 per share)

[senbonzakura]

{Dividends} Statement Release 31/05/12

IBB shares 0.499 BTC 31/05/12.
2.00 BTC in total will be paid out in dividends to 1000 shareholders, each share will receive 0.002 BTC.
CEO
IBB - Islamic Bank of Bitcoin
www.ib-bitcoin.com

[predic]

serious bank would never publish website full of ads, + without content.
amateur is amateur.

[da2ce7]

No question, just a thank you for very straightforward and clear reporting. Nice to see an asset on the GLBSE being run professionally and consistently.

Now that is a compliment!
Even tho I disagree with 0% interest (it ignores the time-value of money).  For those who want to make use of it, sure.
There is no problem with having your own rule, just don’t force them on other people!

[Vernon715]

Should this thread be moved to the securities sub-forum. It seems like its out of 'development' now.

It gets a bit lost by itself in here.

+1

[senbonzakura]

Report June 2012

Income / Revenue

• Shares = 2.29466538 BTC
• Last Report= 23.10 BTC

Loans

• -------------------------------Repaid----------------------------------------------------------------------------------------
• 10.0 BTC loan to eroxors payback - 18/6/12 https://bitcointalk.org/index.php?topic=85248.0{paid back + 1.50}
• 10.0 BTC loan to pekv2 payback - 10/7/12 https://bitcointalk.org/index.php?topic=86394.0 {paid back + 0.10}
• 2.00 BTC loan to vite payback - 23/6/12 https://bitcointalk.org/index.php?topic=86604.0 {paid back + 0.02}
• 10.0 BTC loan to AndrewBUD payback - 1/7/12 https://bitcointalk.org/index.php?topic=88188.0 {paid back}
• 15.0 BTC loan to dank payback - 27/6/12 https://bitcointalk.org/index.php?topic=88522.0 {paid back + 1.0}
• 6.0 BTC loan to tgmarks payback - 7/7/12 https://bitcointalk.org/index.php?topic=89505.0 {paid back + 0.20}
• 5.0 BTC loan to mc_lovin payback - 15/7/12 https://bitcointalk.org/index.php?topic=89622.0 {paid back}
• 5.0 BTC loan to JackRabiit payback - 5/7/12 https://bitcointalk.org/index.php?topic=90551.0 {paid back + 0.06}
• 2.0 BTC loan to OgNasty payback - 30/6/12 https://bitcointalk.org/index.php?topic=90564.0 {paid back + 0.10}
• 2.0 BTC loan to wachtwoord payback - 30/6/12 https://bitcointalk.org/index.php?topic=90563.0 {paid back}
• 2.0 BTC loan to crosby payback - 30/6/12 https://bitcointalk.org/index.php?topic=90700.0 {paid back + 0.10}
• 1.0 BTC loan to redbeans2012 payback - 30/6/12 https://bitcointalk.org/index.php?topic=38544 {paid back + 0.20}
• --------------------------------Default---------------------------------------------------------------------------------------
• none

Donation:-
10.01
Expenses:-
33 MergedMining shares - 5.115
10 Nast shares 2.7
28 Nasty shares - 7.364
loan default - 4.50
hosting - 2.30
domain renewal - 2.70

total =14.00566538 net profit/revenue->$92.43 @ current market rate
{11.29306752 BTC dividends paid on 30/8/11} (0.0065057277 per share)
{2.0077597 BTC dividends paid on 30/9/11} (0.0020077597 per share)
{2.0065126 BTC dividends paid on 01/11/11} (0.0020065126 per share)
{1.298860 BTC dividends paid on 30/11/11} (0.0012886 per share)
{10.30000 BTC dividends paid on 26/1/12} (0.0103 per share)
{5.00 BTC dividends paid on 29/2/12} (0.005 per share)
{6.00 BTC dividends paid on 31/3/12} (0.006 per share)
{2.00 BTC dividends paid on 30/4/12} (0.002 per share)
{2.00 BTC dividends paid on 31/5/12} (0.002 per share)

Dividends will be paid on 1st July -5.00 BTC will be paid (0.005 per share)

[cytokine]

watching

[senbonzakura]

Islamic Bitcoin Treasure Box - IBTB

3 IBTB to be won,  19 June - 5 July

What's inside the Box ?

Casascius Coin +  Bitcoin Silver Coin + IBB Cheque (plus a bitcoin t-shirt on the last 2 draw/boxes)
Get your T-shirts from www.bitcoincloset.com

How to win this ?

Apply for a short-term loan from IBB and you will be entered into the draw , customers who took out a loan in June will be entered into the draw. CIB (cheaperinbitcoins.com) customers/merchants qualify too for the draw.

22 June , 29 June , 6 July  11:59 PST


previous prize/promotion from IBB

[knight22]

Great initiative! I will invest soon

[vite]

Watching

[vite]

As a former client and as an investor, when will you finish the website?

[wachtwoord]

you need to take out loan direct from me , instead of the testing site to enter the prize draw.

Ah okay I didn't know the site wasn't opened yet (I reviewed it a couple of weeks ago if I recall correctly)

I'll refrain from entering then I think. Taking a loan (and your time) just to enter the draw seems a bit silly (I liked the prize,sorry ). I'll pay the 0.07BTC I borrowed back immediately too.

Good luck with the site

[dank]

I really appreciate your continuous generosity but I'd like to pass the prize off to someone that would put it to more use than me.  Maybe I'll win a different time, anyways.  Keep it up senbon.

[hongus]

I really appreciate your continuous generosity but I'd like to pass the prize off to someone that would put it to more use than me.  Maybe I'll win a different time, anyways.  Keep it up senbon.

. I'll take the keychain if you dont want it. I'll even pay for the shipping I've wanted one for a long time but was always too lazy to order.

[Fiyasko]

prize went to 'vite' , 2 more prizes left , next draw 29th June

a---awwwwwwwwwww fuckle... I need to t-a...ke... out... a loan... to enter the draw.......
Uhhh am i the only one who thought of "get loan payback immedaitly= malicious way to enter the draw"

[senbonzakura]

{Dividends} Statement Release 1/06/12

IBB shares 0.77 BTC 1/06/12.
5.00 BTC in total will be paid out in dividends to 1000 shareholders, each share will receive 0.005 BTC. To celebrate one-year anniversary of IBB, free IBB Physical Bitcoin Cheques will be given away.
CEO
IBB - Islamic Bank of Bitcoin
www.ib-bitcoin.com

[pekv2]

IBB cheque ?

Do you mail internationally? Will there be extra mailing fees (e.g. for European customers)? Any discounts for bulk orders?

your chance to get them now for free + free shipping !

What, like you hold our BTC, send us checks and we use them at bitcoin accepting stores?

How does this all work?

[myrkul]

Oh, so it's a paper wallet with a BTC address? I am still not clear on this.

1. You add BTC to the address on the cheque.
2. You write the amount of BTC you added in the space provided.
3. You hand the cheque over.

It works just like conventional cheques, except each is drawn on its own unique bank account, and the recipient can verify that the money is there by looking at the blockchain.

[myrkul]

Very nice.

[myrkul]

Snagged a few more shares, and now the price is up to 0.90. If I had more to spend, I'd buy more. You've given me good, steady returns.