We are planting our Seeds to grow our vision in Digital Islamic Banking. We aim to create the world’s largest decentralized Islamic DEFI Sidra Bank.
What is Sidra Bank?
Sidra Bank commits to providing a trading platform based on advanced technology. The platform is also compliant with Islamic law. We offer alternatives to traditional trading practices. These include leveraged financial products, margin trading, and mortgages. These practices are not permissible under Islamic law.
Is Sidra Bank mining real or fake?
Sidra is a genuine project and is not a scam. We commit ourselves to transparency and complying with all relevant laws and regulations. This includes those set forth by the FATF.
Which country is Sidra Bank?
Saudi Arabia
Sidra Capital, founded in 2009, has its headquarters in Jeddah, Saudi Arabia. It’s a Shariah-compliant asset manager. It focuses on alternative asset classes in real estate, private finance, and equity.
How does Sidra Bank mining work?
Once you have an account, you can start validating the mining process. You can do this using your mobile device. Our mining process uses a proof of work algorithm. This ensures that all transactions are secure and transparent. As a validator, you will earn Sidra Coins based on your contribution to the mining process.
What is the total supply of Sidra coin?
Sidra Coin has a capped total supply of 250 million tokens. This ensures scarcity and could boost demand. Sidra Coin has a controlled supply, unlike many other cryptocurrencies with unlimited issuance. This adds an element of stability and potential for appreciation.
Is Sidra bank safe?
Sidra is a legitimate decentralized digital currency. It aligns with Islamic finance principles and ensures secure peer-to-peer transactions.
Who is behind Sidra Bank?
Chief Executive Officer. Muhammad Currim Oozeer joined Sidra Capital in 2008. He was a founding member. Before that, he was at HSBC Amanah, Malaysia.
What is the benefit of Sidra Bank?
Instead, they created a special digital currency, Sidra Bank Coin. People can use it to trade and make money. They also have a mining program where people can earn Sidra Bank coins for free. Sidra Bank wants to be transparent. It wants to follow Islamic principles in everything it does.
How can I do my KYC on Sidra Bank?
#Sidra KYC Tutorial: Have you completed KYC in SIDRA❓ ❓HOW TO DO SIDRA BANK KYC ?? 👇👇👇 1. Login to your SIDRA BANK APP 2. Click the “Profile” button at the bottom right corner. Then scroll down and click the “Update Your Information” button.
Does crypto mining really pay?
Bitcoin mining is still profitable if you have a capable system. Join a mining pool, and pay off your fixed expenses in a reasonable amount of time. But, you should temper any expectations of digital riches with reason.