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Author Topic: Islamic Bank of Bitcoin - LOANS  (Read 24362 times)
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Ibrahim@IBB (OP)
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December 05, 2013, 04:42:42 AM
 #1

   The IBB is back after a hiatus, and we are very happy to be offering loans. Loan amounts and terms are up to negotiation. Loan requests, issuance, and repayment notifications should be posted on this board to serve as a public ledger.

Happy borrowing!

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December 05, 2013, 02:32:31 PM
 #2

I am looking for a ~20 BTC loan to acquire 1TH of mining power.
raspcoin
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December 05, 2013, 03:20:01 PM
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Are your loans interest-free? I am under the impression that interests are not Sharia compliant.

otsaku
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December 05, 2013, 04:11:04 PM
 #4

What would the terms of a 5BTC loan be. Your expected return and length of loan?

Sindelar1938
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December 05, 2013, 04:36:11 PM
 #5

High collateral ask one would imagine?

tropicthunder
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December 05, 2013, 08:41:06 PM
 #6

325@0%/joint venture.
Ibrahim@IBB (OP)
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December 06, 2013, 06:12:23 AM
 #7

Are your loans interest-free? I am under the impression that interests are not Sharia compliant.

    We will not be charging interest.
Ibrahim@IBB (OP)
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December 06, 2013, 06:18:35 AM
 #8

I am looking for a ~20 BTC loan to acquire 1TH of mining power.

   20 is a lot. We might be able to offer 2-3 depending on collateral.
Ibrahim@IBB (OP)
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December 06, 2013, 06:35:40 AM
 #9

What would the terms of a 5BTC loan be. Your expected return and length of loan?

  We do not ask for any return, but if you like the service we provide and would like that service to be available to others, you are free to offer a gratuity (tip). For a 5 BTC loan we would need some kind of collateral, ID, and maximum length of 2 months.
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December 06, 2013, 07:40:22 AM
 #10

I am requesting for a 0.03 loan .
Repayment to be done in 2 weeks by 12/20/2013 .
Address:
1Pq5aru14ty5ecnZTkT5T7PkG38gNeMXkm

Thanks.
otsaku
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December 06, 2013, 11:17:25 AM
 #11

What would the terms of a 5BTC loan be. Your expected return and length of loan?

  We do not ask for any return, but if you like the service we provide and would like that service to be available to others, you are free to offer a gratuity (tip). For a 5 BTC loan we would need some kind of collateral, ID, and maximum length of 2 months.

What sort of collateral is usual. If I for example were buying mining equipment, would a share of the yield be adequate?

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December 06, 2013, 03:09:42 PM
 #12

Hi,

A 1 BTC Loan:
i)What coins would you accept as collateral?
ii)What are your min and max repayment lengths?
iii)What would you require from me so this can be processed at the utmost haste?

I would really appreciate your assistance.

SD
Ibrahim@IBB (OP)
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December 06, 2013, 06:23:23 PM
 #13

I am requesting for a 0.03 loan .
Repayment to be done in 2 weeks by 12/20/2013 .
Address:
1Pq5aru14ty5ecnZTkT5T7PkG38gNeMXkm

Thanks.

30 mBTC sent to howzar at 1Pq5aru14ty5ecnZTkT5T7PkG38gNeMXkm from 19a4Kubu9iV6392uEma2JwWb53ji2t2AQc
Ibrahim@IBB (OP)
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December 06, 2013, 07:13:40 PM
 #14

Hi,

A 1 BTC Loan:
i)What coins would you accept as collateral?
ii)What are your min and max repayment lengths?
iii)What would you require from me so this can be processed at the utmost haste?

I would really appreciate your assistance.

SD


  Litecoin would be fine, but open to suggestions.

   You can pay off as quickly as you want, but should not take any longer than 2 months.

  We would need verifiable confirmation of your identity and some form of collateral.
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December 06, 2013, 07:21:04 PM
 #15

Could you PM me, I would like to discuss a 1.5 BTC loan paid back at 2.0, Ty.

To be decided...
Ibrahim@IBB (OP)
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December 06, 2013, 07:38:36 PM
 #16

Could you PM me, I would like to discuss a 1.5 BTC loan paid back at 2.0, Ty.


Sorry, we do not accept interest on loans.

  You can offer a gratuity if you wish.

  What collateral can you offer and how soon can you pay the 1.5 back?
Ibrahim@IBB (OP)
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December 06, 2013, 07:41:32 PM
 #17

What would the terms of a 5BTC loan be. Your expected return and length of loan?

  We do not ask for any return, but if you like the service we provide and would like that service to be available to others, you are free to offer a gratuity (tip). For a 5 BTC loan we would need some kind of collateral, ID, and maximum length of 2 months.

What sort of collateral is usual. If I for example were buying mining equipment, would a share of the yield be adequate?

   A share of yield would not really be any security. Electronics, shares, altcoins, gems, precious metals etc.
MoreBloodWine
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December 06, 2013, 07:44:45 PM
 #18

Sorry, we do not accept interest on loans.
Ok, so then the .5 would be a tip.

What collateral can you offer and how soon can you pay the 1.5 back?
hat's what I would like to discuss via PM, bu it would be paid back around April sometime.

To be decided...
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December 06, 2013, 07:49:26 PM
 #19

Hi,

I need 0.6 BTC fast. I can repay it within one week (13 December). A tip will be calculated.
I can offer LTC, FTC, QRK or Protoshares as collateral.

1519c35mtW2B4zSsRwXdBrD71iMzdacLoJ

Ibrahim@IBB (OP)
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December 06, 2013, 07:54:27 PM
 #20

Hi,

I need 0.6 BTC fast. I can repay it within one week (13 December). A tip will be calculated.
I can offer LTC, FTC, QRK or Protoshares as collateral.

1519c35mtW2B4zSsRwXdBrD71iMzdacLoJ

Okay, please send 20 LTC collateral to LX8ahnGm2P6HFA4UaYRQwDhRQnvJML53E9
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