[bisq-network/bisq] Using Bisq for Peer to Peer BTC loans and interest accounts (#5213)

RififiCastorjunior notifications at github.com
Thu Mar 11 05:56:36 CET 2021


Hi! @pazza83 Yes, that the rule of "ribâ" aka interest, i think its the only big major rule in islamic finance other religious people also follow that rule but they are not strict as is it for muslim people. 

It's a pretty simple rule. it can summarize it as follows : 
 - no interest of any kind on loans.
 - if loan is taken they should be no expire date to repay the loan.

Those are the simple way to explain this rule. But this rule goes beyond and explain all kind of situation and have scholar on this matter. 
Paxful doesn't use loan and interest and will never add that to his platform. They make sûre people have P2p exchange and that all. And because is a website it can be use by all kind of bankless all over the globe. When they figure out how to lower their fees or integreate a L2 solution their will be a major exchange for all bankless in crypto.

-- 
You are receiving this because you are subscribed to this thread.
Reply to this email directly or view it on GitHub:
https://github.com/bisq-network/bisq/discussions/5213#discussioncomment-466943
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.bisq.network/pipermail/bisq-github/attachments/20210310/341cc936/attachment.htm>


More information about the bisq-github mailing list