The world's first blockchain-powered Islamic Bank, Hada DBank, has launched its token sale on May 1st, 2018. The public sales affords contributors the unique opportunity to join in on future of banking on the blockchain by contribution for stakes in the 50 million HADACoins generated for the event.
Hada DBank banking principles are forged on the risk-sharing principles of islamic banking powered by the unprecedented power of blockchain technology. The merging of these two different worlds is set to create a groundbreaking banking ecosystem for a future that is way ahead of what the present banking system will ever achieve. The Kuala Lumpur-based company is working to deliver a service that will be a transformation to the monetary value of trust, security, and risk-sharing.
Islamic banking is highly distinguishable from the traditional banking methods popular in the west based on two major principles. The first is the sharing of profit and loss, while the second is complete prohibition of interest by other investors and lenders. This enables Hada DBank to shed all interest-bearing models that have been proven to be unsustainable and complicit in the failures of global banking.
HADA DBank is a platform aimed at providing Islamic banking methodology based on financial laws that guards enterprises. The platform offers a maximum liability to asset at a ratio of 1:3. The services is inclusive of savings and will be backed by real-world assets. These savings will also be insured but only under the guidelines of Islamic monetary principles which is a fair, responsible and transparent sharing, strengthen by the blockchain.
Hada DBank aims to design and develop an enterprising Exchange platform offering a ‘NO’ fee policy on both cryptocurrency and non crypto-related transactions. The bank will also provide its users with physical and virtual debit cards, inclusive of cashback and discount schemes with merchants and affiliate partners. Hada DBank users have access to personal banking services that offers a free encrypted account, mobile e-Wallet, and savings account at 5% Hibah. Hibah is a discretionary reward based on business output per annum with a zero withdrawal fee.
Users can gain full access to Bot HUDA, a bot in charge of financial management such as spending, and other income related services. While artificial intelligence, HADI, will be a personal financial advisor to the platform’s clients, helping them to initiate investment decisions backed by knowledgeable advice.
Hada DBank has pegged the soft cap of its Token Generation Event at 5,000 ETH and hard cap at 30,000 ETH.
The first set of 1,000,000 HADACoins will be distributed at 3,000 HADA per 1 ETH at a minimum contribution of 0.15 ETH. Already, the bank’s MVP’s development is underway and has recently acquired the partnership of renowned VC group, Eclii Ventures
Learn more on the Hada DBank website – https://www.hada-dbank.com/
Read the Hada DBank Whitepaper – https://drive.google.com/file/d/16nbPwXqjXRRmVKstu1dn4NobywANASkH/view
Chat with the Hada DBank team on Telegram – https://t.me/HADADBank
Follow Hada DBank on Twitter – https://twitter.com/HadaDBank
Follow Hada DBank on Facebook – https://www.facebook.com/hadadbank.official/
Check out Hada DBank on Instagram – https://www.instagram.com/hadadbank/
Learn more about Hada DBank on Medium – https://medium.com/@hadadbank
Lisit the DE Asset Management Limited Website here – https://deasset.ca/
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