Islamic Banking on the Blockchain, Hada DBank, Releases Token Sale Structure

The first blockchain-powered Islamic Bank, Hada DBank, has launched its token sale on May 1st, 2018. HADA DBank is a platform aimed at providing Islamic banking methodology. The platform offers a maximum liability to asset at a ratio of 1:3. Hada DBank aims to design and develop an 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. Users can gain full access to Bot HUDA, a bot in charge of financial management, while artificial intelligence, HADI, will be a personal financial advisor to the platform’s clients. 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.

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