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@ Liban_Bitcoin
2025-06-15 19:51:23
An Amazing idea I saw on Twitter for Creating a #Bitcoin backed #HosKasi program for any Masajid looking to Finance Halal Capital expenses in Somalia or wherever you are.
Here’s how it would work
1. Find a local donor to borrow money from at 0% interest (🚫riba)
2. 5-10 year term to repay
3. #Bitcoin collateral which guarantees repayment
This way a local donor is much more likely to provide the riba free loan if there’s a guarantee of repayment.
*Bitcoin gets locked into a multi sig wallet.
https://blossom.primal.net/56097615b0565dae644118256cd521ff9c9f3c4cad1449f188b29e1cf7889946.jpg