Crypto Islamic Coin Chips

What is Islamic Coin?
Islamic Coin is a pioneering cryptocurrency designed to meet the needs of Islamic finance and promote ethical values in the digital asset universe. Based on Sharia-compliant principles, it aims to provide a safe and ethical alternative for Muslim investors. At a time when decentralized finance (DeFi) is growing, Islamic Coin represents a major breakthrough in creating a bridge between blockchain technology and Islamic standards.

Image of a digital Islamic Coin in gold, adorned with Islamic geometric patterns, symbolizing ethical finance and blockchain technology
Why a halal cryptocurrency?
Islamic Coin stands out for its compliance with Sharia rules. In accordance with Islamic principles, it guarantees interest-free (riba) and excessive speculation-free (gharar) financial operations. Unlike traditional cryptocurrencies such as Bitcoin, which are often criticized for their speculative aspect, Islamic Coin provides investors with a framework that respects religious and ethical values.

Islamic Coin’s values are also reinforced by a community governance structure that allows users to actively participate in decisions. Thanks to the integration of the Evergreen DAO, 10% of every coin issued is reserved for charity. This approach not only stabilizes the cryptocurrency, but also contributes to the development of community projects, thus offering a direct social benefit.

The vision: to revolutionize Islamic and ethical finance
With a global Muslim population estimated at more than 1.8 billion people, Islamic Coin could transform the Ummah’s economy. It aims to provide a digital financial solution to an audience that is often reluctant to invest in traditional cryptocurrencies for ethical reasons. Leveraging the Haqq blockchain and a sustainable model, Islamic Coin is targeting not only the Middle East and North Africa (MENA), but also Muslim investors around the world.

By combining the strengths of blockchain with Islamic values, Islamic Coin hopes to become a central player in modern Islamic finance. For those looking for an ethical and halal alternative, this cryptocurrency offers a unique opportunity to invest in a digital asset while respecting their religious beliefs.

Background and origin of the project
Islamic Coin was born from a simple but ambitious idea: to create a cryptocurrency that is perfectly in line with the principles of Islamic finance. The initiative responds to a growing demand for Shariah-compliant investment solutions, a largely unmet need in the digital world. Indeed, the rapid development of blockchain and decentralized finance (DeFi) technologies has opened up new possibilities, but few projects align with Islamic values, such as the absence of riba (interest) and gharar (excessive speculation).

The Context of Islamic Finance in Crypto
For several years, Islamic finance has been developing by offering ethical alternatives to traditional banking systems. Islamic principles prohibit financial gain from activities that are considered immoral or speculative. In this context, the emergence of Islamic Coin is a response to the specific needs of Muslim investors, who are looking for a solution in crypto while remaining aligned with their religious values.

The creation of Islamic Coin is also motivated by the objective of redistributing wealth in accordance with Islamic precepts. This cryptocurrency reserves 10% of each issue for charitable causes, a unique commitment that sets it apart from other digital assets and is part of a socially responsible investment logic.

Integrated Islamic Principles and Shared Values
The project is based on a unique business model, reinforced by experts in Islamic finance. By obtaining a favorable fatwa from Sheikh Dr. Nizam Mohammed Saleh Yaquby, a recognized authority in the sector, Islamic Coin assures its users that its operations are in line with Islamic precepts. This fatwa brings religious legitimacy and encourages the Muslim community to adopt this crypto as a halal investment vehicle.

By integrating the Haqq blockchain and implementing a participatory governance model through the Evergreen DAO, Islamic Coin seeks to create a transparent and ethical environment for all. The founders hope to build a sustainable and equitable ecosystem that can contribute to the development of Muslim communities and the Islamic economy around the world.

Founders and leadership
Islamic Coin is supported by a team of founders and advisors with varied expertise, strengthening its credibility in the fields of Islamic finance, blockchain technology and business. The team consists of influential figures from the Islamic and financial world, which adds significant weight to this unique project. Their collective vision is to transform investing for Muslims and followers of ethical values by offering Sharia-compliant halal cryptocurrency.

Leaders and influencers
One of the main co-founders is Mohammed Alkaff, a computer science engineer, who has dedicated his career to integrating technological innovations into financial environments. By collaborating with Islamic and technological experts, he has been able to lay the foundations of a secure and ethical ecosystem. At his side, Sheikh Dr. Nizam Mohammed Saleh Yaquby, a recognized authority in the field of Islamic finance, played a crucial role. Known as the “gatekeeper” of Shariah-compliant financial products, he issued a positive fatwa for Islamic Coin, validating its religious legitimacy and compliance with Islamic principles.

Impact of the Islamic view on governance decisions
The project also benefits from the contribution of other influential figures, including Hussein Mohammed Al Meeza, a renowned Islamic banker associated with the Dubai Islamic Bank, and Peter Raffety, a fund manager at the Abu Dhabi Investment Authority. He brings valuable experience in asset management and investment strategies, which is essential to ensure the sustainability of the project. This is complemented by the support of influential figures such as Her Highness Sheikha Mariam Suhail Obaid Suhail Al Maktoum, a member of the Dubai Royal Family, who lends her name and support to this company.

Expertise and contributions of team members
Islamic Coin’s steering team relies on an inclusive governance structure through the Evergreen DAO, allowing community members to actively participate in decisions. This democratic approach is in line with the values of fairness and transparency promoted by Sharia law. Through their collective expertise, the founders of Islamic Coin aim to establish an innovative Islamic financial ecosystem, based on principles of justice and wealth sharing, while ensuring financial returns in line with religious requirements. This collaboration between iconic figures and a shared vision is one of the pillars of Islamic Coin’s potential success in the crypto market.

Fatwa and Sharia Compliance
Islamic Coin stands out in the cryptocurrency world for its compliance with Sharia principles, which is essential for attracting the global Muslim community to digital asset investing. By obtaining a fatwa, or Islamic legal opinion, issued by Sheikh Dr. Nizam Mohammed Saleh Yaquby, Islamic Coin gained religious legitimacy and recognition as a halal crypto. This fatwa strengthens Islamic Coin’s credibility by assuring its users that every aspect of its operation adheres to the precepts of Islamic ethics.

The fatwa: importance for Islamic legitimacy
A fatwa is a religious opinion issued by an expert in Islamic law, confirming that Islamic Coin’s operations comply with Islamic laws. This approval helps reassure Muslim investors that the use of Islamic Coin does not contravene religious prohibitions, including the absence of interest (riba) and excessive speculation (gharar). The fatwa issued by Sheikh Dr. Nizam, an influential figure in the field of Islamic finance, is particularly significant. This legal notice does not legally bind all Muslims, but it does give Islamic Coin a religious recognition that facilitates its adoption.

Benefits for Muslim and ethical users
With this validation, Islamic Coin is targeting not only practicing Muslims who are looking for investments that are in line with the values of Islam, but also users interested in socially and ethically responsible digital assets. The project incorporates wealth redistribution mechanisms, such as the Evergreen DAO, ensuring that 10% of each token issuance is dedicated to charity. This model encourages an equitable distribution of wealth while ensuring a positive impact on global Muslim communities.

Support from Islamic institutions
The fatwa is supported by Islamic banking institutions, such as Dubai Islamic Bank and Abu Dhabi Islamic Bank, which are committed to working alongside Islamic Coin to promote cryptocurrency in line with the values of halal finance. In addition, by collaborating with educational actors such as the International Islamic University Malaysia, Islamic Coin is expanding its influence by raising awareness among new generations about the value of the Sharia-compliant blockchain. This commitment to education and transparency helps affirm Islamic Coin’s legitimacy in the Islamic world and strengthen its position in the ethical cryptocurrency market.

Thus, Islamic Coin’s Sharia compliance and the fatwa that backs it up provide valuable assurance to both Muslim investors and anyone looking for a cryptocurrency aligned with strong ethical values.

How technology works: Haqq blockchain and proof-of-stake (PoS)
Islamic Coin is built on an innovative and ethical blockchain infrastructure called Haqq blockchain. This platform is designed specifically to meet the needs of Islamic finance by providing a reliable, secure and Shariah-compliant technology environment. One of the key technological choices that sets Haqq apart is its use of the Proof of Stake (PoS) algorithm, which is favored for its low power consumption and compatibility with Islamic Coin’s ethical goals.

The Haqq blockchain: an ethical and secure network
The Haqq blockchain aims to be an “ethical Web3” by integrating transparency and decentralized governance standards. Unlike the Proof of Work (PoW) model used by Bitcoin, which is energy-intensive, Haqq uses Proof of Stake. This model guarantees fast and ecological transactions, in accordance with Islamic ethics that encourage environmental protection and respect for resources.

This blockchain is also designed to be autonomous and immutable, which means that validated transactions cannot be modified. The security of the network is ensured by a community of participating validators, making the process more democratic and transparent, two core values for Islamic Coin. Token holders can also participate in governance through the Evergreen DAO, strengthening community involvement in decisions.

Benefits of Proof of Stake (PoS)
The choice of the PoS algorithm gives Islamic Coin several advantages:

Low power consumption: Unlike PoW, PoS does not require powerful mining equipment, thus reducing the carbon footprint.
Increased security: The network relies on validators who must pledge their own tokens to participate, which deters malicious behavior.
Equality between participants: PoS validation allows users to contribute to the network based on their assets rather than their computing power.
Bitcoin Comparison: PoW vs. PoS
Unlike Bitcoin, which is often criticized for its environmental impact and speculative nature, Islamic Coin takes a sustainable and ethical approach. The Haqq blockchain, as a PoS platform, represents an innovative alternative that respects Islamic values, strengthening its position as a halal digital asset. The shared governance and distribution of charitable income make it an exemplary model for those looking to invest in a cryptocurrency that combines ethics and advanced technology.

By choosing proof-of-stake, Islamic Coin not only ensures the security and efficiency of its network, but also sets a standard for future cryptocurrencies wishing to be part of a sustainable approach that respects cultural and religious values.

Features and values of islamic coin
Islamic Coin has distinctive features that make it a unique and attractive cryptocurrency for investors looking for ethical and halal assets. Its structure is designed to align with Islamic principles of justice and transparency, while ensuring economic stability and long-term sustainability. Thanks to specific mechanisms, Islamic Coin is positioned as an exemplary crypto in the service of ethical and religious values.

Maximum supply and anti-inflation mechanism
Islamic Coin is distinguished by a limited issuance policy. With a total supply set at 100 billion tokens, this limit is designed to prevent excessive inflation. Islamic Coin’s business model calls for a gradual reduction in the issuance of new tokens every two years (called the “Era”), with a production rate that decreases by 5% with each cycle. This process ensures controlled scarcity and contributes to long-term value creation, which is attractive to investors looking for stable assets.

10% of emissions allocation for charity
One of the most unique features of Islamic Coin is its commitment to charitable causes. With each token issuance, 10% of the value generated is reserved for charitable and community initiatives, managed by the Evergreen DAO. This allocation of funds is not only an ethical choice, but also a demonstration of Islamic Coin’s commitment to improving the living conditions of Muslim communities around the world. This mechanism of wealth redistribution is in perfect harmony with the Islamic economy, which advocates sharing and mutual support.

Competitive advantages: appeal to ethical investors
By positioning itself as a Sharia-compliant crypto, Islamic Coin attracts not only Muslim investors, but also those looking for socially responsible assets. Unlike traditional cryptocurrencies, which are often perceived as instruments of speculation, Islamic Coin offers a decentralized and ethical approach that encourages community participation. Moreover, its integration into the Haqq ecosystem ensures transparent governance, where every token holder can participate in decisions, building user trust.

Islamic Coin is also well-suited for halal exchanges and wallets that are compatible with Islamic values, making it easy to adopt and use worldwide. By placing transparency, charity and religious compliance at the heart of its mission, Islamic Coin is positioning itself as a viable solution for ethical investors who want to combine profitability and respect for values.

Application areas and use cases
Islamic Coin is designed to offer applications and use cases aligned with Islamic principles and tailored to the specific needs of the global Muslim community. As a Sharia-compliant cryptocurrency, Islamic Coin finds its usefulness in various economic and social sectors, contributing to the transformation of Islamic finance and the adoption of ethical financial technologies. Its use cases include areas such as charitable giving, business transactions, and ethical investing.

Use in donations and charitable projects
Islamic Coin stands out for its commitment to charity and social responsibility. Through the Evergreen DAO, 10% of the tokens issued are allocated to charitable projects, in line with the values of sharing and mutual aid of the Islamic economy. This initiative provides funding for community programs, humanitarian aid projects and other social causes that are important to Muslim communities. By using a halal cryptocurrency for donations, Islamic Coin ensures that funds are distributed in a transparent and ethical manner.

Adoption in Halal Commerce and Payment Platforms
Islamic Coin is also well suited for commercial transactions, especially in halal sectors, where it helps eliminate interest (riba) and reduce speculation (gharar). It can be used on e-commerce platforms, as well as for peer-to-peer (P2P) payments, thus promoting the emergence of a decentralized Islamic economic ecosystem. Some companies, such as Holiday Swap’s platform, are considering integrating Islamic Coin for their transactions, which could pave the way for other halal platforms and Islamic e-commerce.

Use Cases in Islamic Finance
Islamic Coin plays a major role in Islamic decentralized finance (Islamic DeFi) by offering investments in line with the values of Islam. It can be used for ethical interest-free investments, offering a solution for Muslims who want to invest while respecting their beliefs. Islamic Coin also encourages the use of smart contracts to automate transactions while adhering to Islamic transparency and ethical standards. This model is particularly suitable for investments in sustainable projects with a positive social impact.

Potential impacts on international transactions
Islamic Coin also aims to facilitate international transfers between Muslim communities around the world, reducing transaction fees and transfer times, while ensuring compliance with Islamic values. Thanks to the Haqq blockchain technology, transactions are fast, secure, and transparent, enhancing users’ trust in international exchanges.

With these diverse fields of application, Islamic Coin is positioned as a versatile and innovative cryptocurrency capable of transforming Islamic finance. By combining practical applications with a strong ethical value, it meets the needs of the Ummah and all those seeking an ethical and Sharia-compliant financial solution.

Strategic partnerships and global expansion
Islamic Coin has formed strategic partnerships to strengthen its ecosystem and expand its reach in the world of Islamic finance. These collaborations, with renowned institutions and technology companies, underscore its commitment to offering cryptocurrency that is in line with Islamic principles while driving increased adoption. By joining forces with key players, Islamic Coin enjoys increased credibility and essential support for its growth in strategic markets.

Partnerships with Islamic Institutions and Web3 Organizations
Islamic Coin has established relationships with institutions such as the International Islamic University Malaysia (IIUM) to raise awareness about blockchain and Sharia-compliant crypto. This collaboration is key to educating and encouraging the adoption of Web3 technologies in regions with large Muslim populations. By integrating courses and training programs, Islamic Coin promotes responsible and informed adoption of cryptocurrency.

Other strategic alliances with players in the Web3 and Islamic finance sector, such as Dubai Islamic Bank and Abu Dhabi Islamic Bank, offer strong institutional support. These partnerships help consolidate Islamic Coin’s infrastructure and strengthen its legitimacy as a Shariah-compatible digital asset.

Alliances with commerce and e-commerce platforms
To expand its reach beyond finance, Islamic Coin is also partnering with innovative companies such as Holiday Swap, a home swap platform that plans to integrate Sharia-compliant payments via the Haqq blockchain. The collaboration marks an important step towards crypto adoption in halal trading and could encourage other businesses to adopt Shariah-compliant payment solutions.

Influential Advisory Board Members and Impact on Credibility
Islamic Coin’s advisory board includes influential members from the Arab world and Islamic finance. Personalities like Sheikh Khalifa Bin Mohammed bin Khalid AL Nahyan and Her Highness Sheikha Mariam Suhail Obaid Suhail Al Maktoum bring unique visibility and credibility to the project. Their involvement sends a strong signal to Muslim markets and boosts investor confidence in Islamic Coin’s Islamic legitimacy.

Benefits of these alliances for growth and awareness
These partnerships offer multiple benefits for Islamic Coin, ranging from financial support to religious and technological validation. By relying on a network of influential and well-established partners, Islamic Coin is positioning itself as a solution of choice for Muslims looking for an ethical alternative in the crypto world. These collaborations also help solidify Islamic Coin’s global presence and support its adoption in key Muslim economies in the Middle East and North Africa (MENA).

Through these strategic alliances, Islamic Coin is well-positioned to accelerate its expansion and solidify its leadership role in digital Islamic finance.

Recent Developments and Roadmap
Islamic Coin is part of a continuous growth dynamic, with recent developments and a well-defined roadmap to support its expansion and meet the needs of an audience looking for ethical and Sharia-compliant finance solutions. The project focuses on innovation and improving its services to strengthen the transparency and reliability of its ecosystem. With a long-term vision, Islamic Coin aims to become a major player in digital Islamic finance.

What’s New and Updated in the Project
Recently, Islamic Coin has secured significant financial support, with $400 million in funding for the development of its infrastructure and the optimization of its blockchain technology. This financing marks a key milestone for the project, allowing it to expand its operations and strengthen its strategic partnerships in the technology and banking sectors. These resources will also contribute to the development of additional features on the Haqq blockchain, with a focus on security and ease of use.

In addition, the project has intensified its awareness-raising and education efforts with initiatives in partnership with institutions such as the International Islamic University Malaysia (IIUM). This strategy aims to promote wider adoption of Sharia-compliant crypto through dedicated educational programs, thereby fostering informed adoption of crypto in Muslim communities.

Short- and long-term goals
In the short term, Islamic Coin aims to onboard more business and financial partners, particularly in the Middle East and North Africa (MENA) regions, to facilitate the use of its crypto in a variety of contexts. The project also plans to develop decentralized applications (dApps) on the Haqq blockchain, offering additional solutions in the fields of halal commerce and Islamic finance.

For long-term goals, Islamic Coin envisions global adoption, with an expansion plan that includes the development of new technological features, such as the integration of smart contracts dedicated to Islamic transactions and an expansion towards decentralized finance (DeFi) solutions tailored to Islamic values. The project’s vision for the next decade is based on the creation of a decentralized and self-sufficient Islamic finance ecosystem.

Plans for Global Adoption and Safety
Islamic Coin also focuses on the security of its transactions, which is essential for inspiring user trust and ensuring compliance with ethical and religious standards. By leveraging cutting-edge technologies and decentralized governance through the Evergreen DAO, Islamic Coin ensures that every user can participate in the direction of the project, fostering a sense of transparency and community engagement.

With an ambitious roadmap and a commitment to ethics, Islamic Coin is positioned as an ethical investment solution for both Muslims and investors wishing to support socially responsible projects. This well-defined strategy allows the project to continue to make progress towards its goals while providing unique added value in the field of ethical and Sharia-compliant crypto.

Analysis of the prospects and challenges of islamic coin
Islamic Coin, with its ethical and Sharia-compliant approach, has significant growth potential in the Islamic cryptocurrency market. This ambitious project presents many opportunities to establish itself as a leader in modern Islamic finance, but it also faces several challenges to maintain its legitimacy and meet the expectations of Muslim and ethical investors. An in-depth analysis of the prospects and issues provides a better understanding of the strengths and weaknesses of this unique cryptocurrency.

Growth Prospects: Adoption Potential in the Muslim World
With a global Muslim population that exceeds 1.8 billion people, Islamic Coin’s opportunities for growth are vast. The demand for financial solutions that are compatible with Islamic values is on the rise, especially in regions such as the Middle East, North Africa (MENA), and Southeast Asia. If Islamic Coin manages to capture even 3-4% of crypto users in these regions, it could reach a significant market capitalization, comparable to that of big cryptos like Bitcoin. This growth outlook is reinforced by its redistribution model and support for charitable initiatives, which attract investors who are concerned about ethics and social responsibility.

Risks and Challenges: Regulation and Religious Acceptance
Despite its potential, Islamic Coin faces significant challenges. Cryptocurrency regulation is complex and varies from country to country. In some regions, cryptocurrencies are under strict restrictions, which could slow down the adoption of Islamic Coin. Moreover, although the project has a fatwa issued by Sheikh Dr. Nizam Mohammed Saleh Yaquby, religious acceptance is not yet universal. Some Islamic scholars remain cautious about cryptocurrencies, which could limit Islamic Coin’s reach among the strictest users.

The volatility risk inherent in digital assets is also a concern for investors, especially those looking for investments that are safe and in line with Islamic principles. Islamic Coin must maintain rigorous management of its supply and demand to avoid too large fluctuations and inspire user confidence.

Expert opinion: viability and potential impact
Experts in Islamic finance and blockchain technologies see Islamic Coin as a potential breakthrough for the ethical finance sector. By combining technology and Islamic values, Islamic Coin could positively influence other social impact cryptocurrency projects. However, the success of this project will depend on its ability to build strong partnerships and overcome regulatory barriers. Observers agree that if Islamic Coin succeeds in demonstrating its stability and strengthening its ethical governance framework, it could become a model for ethical cryptocurrencies and inspire other similar initiatives.

All in all, Islamic Coin’s prospects are promising, but its success will depend on its ability to manage risk while ensuring sustainable growth.

How to buy and use islamic coin
For investors interested in a Sharia-compliant cryptocurrency, buying and using Islamic Coin is a simple process that adheres to ethical and Islamic standards. Thanks to its growing popularity and strategic partnerships, Islamic Coin is now accessible on multiple exchanges and can be safely stored in compatible wallets. Here is a detailed guide to buying, storing and using Islamic Coin in an ethical and halal way.

Platforms and methods to buy islamic coin
Islamic Coin is available on reputable exchanges that are compatible with Islamic finance standards. Investors can buy ISLM by following a few simple steps on platforms like KuCoin, one of the first exchanges to list this Sharia-compliant cryptocurrency. Users need to create an account, verify their identity (as per KYC compliance rules), and then deposit funds to buy Islamic Coin with just a few clicks. Other exchanges are partnering to facilitate access to Islamic Coin to a wider audience, especially in the Middle East and North Africa (MENA) regions, where there is a high demand for halal cryptocurrencies.

Secure storage and compatible wallets
After purchase, it is essential to store Islamic Coin in a secure wallet to ensure its protection. Islamic Coin-compatible wallets include popular options such as Trust Wallet and MetaMask, which allow users to control their assets and keep them safe. These wallets offer advanced protection, allowing users to access their ISLMs while ensuring the privacy and security of their funds. Additionally, some wallets dedicated to the Haqq blockchain provide specific features for ethical crypto users, further reinforcing Islamic Coin’s commitment to compliance with Islamic principles.

Tips for new users and how to use islamic coin
Islamic Coin can be used not only as an investment asset, but also to make ethical transactions and donations. Thanks to the Haqq blockchain, users can transfer their ISLMs quickly and securely. Islamic Coin can also be used to support charitable projects through the Evergreen DAO, which uses 10% of each issue for community relief initiatives. This mechanism offers users a concrete way to participate in philanthropic actions in line with the values of Islam, strengthening the sense of social responsibility.

Finally, for new users, it is advisable to familiarize themselves with the basics of crypto security and use two-factor authentications for their accounts on exchanges and wallets. Users should also monitor the information in the project roadmap, as new features and partnerships could enrich the Islamic Coin ecosystem, providing additional opportunities for use and investment.

In short, buying and using Islamic Coin is a simple and secure process that respects Islamic standards and offers ethical investment opportunities. With reliable storage options and partner exchanges, users can engage in the digital economy while living up to the tenets of their faith.

Conclusion
Islamic Coin is positioned as a one-stop solution for Muslim investors and ethical finance practitioners around the world. Designed to meet the demands of Islamic finance while using blockchain technology to provide security and transparency, it embodies a new vision of cryptocurrency in line with Sharia principles. With its infrastructure based on the Haqq blockchain, its decentralized governance model via the Evergreen DAO, and its partnerships with renowned institutions, Islamic Coin has the means to become a pillar of the digital Islamic economy.

Summary of the advantages of islamic coin
Islamic Coin offers users benefits that go far beyond those offered by traditional cryptocurrencies:

Respect for Islamic principles: It is built to meet the values of Islamic finance, with operations free of riba (interest) and gharar (excessive speculation).
Social commitment: With each issue, 10% of the funds are allocated to charitable initiatives, aligning cryptocurrency with the values of mutual aid and sharing advocated by Islam.
Security and transparency: Thanks to the Haqq blockchain and the proof-of-stake (PoS) model, transactions are secure and less energy-intensive, while offering decentralized governance.
Invitation to join the islamic coin community
For investors looking for an ethical digital asset, Islamic Coin represents a unique opportunity. It allows you to participate in a more responsible finance, while respecting ethical and religious principles. By joining the Islamic Coin community, users can not only secure their assets but also contribute to projects with a positive social impact.

With its commitment to combining blockchain and Islamic finance best practices, Islamic Coin is establishing itself as a visionary player. As the cryptocurrency market continues to evolve, Islamic Coin is charting an innovative and sustainable path for Muslim and ethical investors who want to participate in the future of decentralized finance.

FAQ on Islamic Coin
What is Islamic Coin?
Islamic Coin is a cryptocurrency designed to comply with Sharia principles. It aims to offer Muslim investors an investment option that respects the values of Islamic finance, in particular by excluding interest (riba) and promoting ethical projects. Islamic Coin runs on the Haqq blockchain, using the proof-of-stake (PoS) algorithm for a low ecological footprint and increased security.

How does Islamic Coin conform to Islamic principles?
Islamic Coin respects the rules of Islamic finance by following a fatwa issued by Sheikh Dr. Nizam Yaquby, a recognized authority in this field. This cryptocurrency excludes prohibited practices such as interest (riba) and excessive speculation (gharar). In addition, 10% of each token issuance is allocated to charity, ensuring a fair redistribution of wealth.

How to Buy Islamic Coin?
Islamic Coin is available on several exchanges, including KuCoin. To buy ISLM, all you need to do is create an account, verify your identity, and deposit funds. Islamic Coin can be stored in secure wallets like Trust Wallet or MetaMask to ensure the safety of assets.

Why does Islamic Coin use Proof of Stake (PoS) rather than Proof of Work (PoW)?
The proof-of-stake (PoS) algorithm is favored for its low energy consumption and alignment with Islamic Coin’s ethical values. Unlike proof-of-work (PoW), which requires significant computing power, PoS relies on token holders to validate transactions, promoting transparency and sustainability.

Is Islamic Coin a safe investment?
Like any cryptocurrency, Islamic Coin has volatility risks. However, its limited supply and anti-inflation mechanisms are helping to stabilize its value. Additionally, Islamic Coin implements advanced security measures through the Haqq blockchain and offers decentralized governance options, which boosts the reliability of its ecosystem.

What are the unique benefits of Islamic Coin for the Muslim community?
Islamic Coin is designed to respect and promote Islamic values. It offers Muslims a cryptocurrency that ensures ethical transactions and community participation through the Evergreen DAO, which is intended to support charitable initiatives. It thus allows users to contribute to the development of the Islamic economy in a responsible manner that is aligned with their religious beliefs.