A community owned ethical digital bank aiming to empower its community through innovative financial services and investments in alternative ethical products.
Asalamu Alaikum Wa Rahmatu-llahi Wa Barakatuh,
InshAllah GazaBank aims to be a community owned digital banking platform offering fee-free financial services exclusively through mobile and web application. Focused on technology-driven solutions, it provides its ethical demographics with alternative financial products and features like no banking fees, no overdraft fees, and cash back rewards. It aims to invest in ethical community businesses and initiatives offering alternative products, and allows ownership of said investments to the community through shares.
With the permission of Allah, this project aims to build an ethical community bank owned by the community.
Why Now?
If you are like me watching the oppression inflicted to our community all over the world and knowing that you are supporting the very system oppressing them.
If you feel, you can do more to support the oppressed and feel you have no voice.
Attending the weekly Jumu'ah and feeling like your faith has no impact.
Thinking about the day you meet Allah, and answering the question: “What have you done to support your oppressed brothers and sisters all over the world?”
Then you will ask: “Why did we wait so long to start this project?”.
Why is this project so important?
Existing banks are biased and support the ongoing oppression in the world. The community is currently in a consumer mode in almost every economic market. This project aims to help the community break free and switch to productive mode by banking with a bank it owns and investing in alternative products.
An Ethical community digital bank? This project will never work.
For this project to succeed, it needs to have a vast and diverse community base. First, it needs support of its own community base which then will call on their friends to join. When project becomes mature, it will use marketing to attract new users from all backgrounds.
What stage is this project at?
The project is at its initial stage trying to invite the community members everywhere to join.
How can I be part of this Team?
Join GazaBank Community on Sabeelee to stay updated.
https://sabeelee.com/gazabank
Buy your share of GazaBank on LaunchGood.
https://www.launchgood.com/v4/campaign/gazabank
Review GazaBank Business Plan:
https://drive.google.com/file/d/13h6ioyIt043nJVqu-ibsYybowuqj01IJ/view?usp=sharing
Your title mentions [Community Owned]. What do you mean?
The project aims to give every member the ownership of shares of the company. Once the project is set in motion, we will work with legal counsel to implement this option.
Jazakum Allahu Khairan,
Wasalamu Alaikum Wa Rahmatu-llahi Wa Barakatuh.
