I also gonna start my bank here. I don't know when. I just had to post this logo to keep my @copyrights on it@ to prove i first who use it.
Logo of my future bank.
As it is an Islamic bank you will not take any interest if anyone takes a loan from you and also you will provide a loan, am I right? If yes, then have you any plans for when you may open this bank? Not exact but timeframe it might be something like within 3 month, 6 month, this year, next year, 3 years, etc.
I have no date jet. Honestly ideaa born right after idea of the fund which was back in 2018
Yes the model guess no interest on a any loans.
But in respect of concurents I would say that there is nothing to be affraid of.
Conversely, Idea would be to offer of making a common register of lenders.
In my part I would give a small loans of $5-$25 for exemple, to anyone.
And that person would start to work on it's "Credit rating".
Again if he misleads my offer then others would got a signal about that.
Model is not clear or finnish jet but from other things my Ismalic Bank would earn for exemple ads free ads on and from others banks.
( I have to check if that's go on. it was ok last time i checked.)