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41  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 30, 2018, 08:47:17 PM
The current situation with the market is really out of competition. A bit of my opinion in this situation is that we can get a lot of profit, but later. I think this is a long-term investment.
Of course, investing in ADAB need only for a long time, quick profit here will not work, 6-9 month minimum.


there is practically no quick profit anywhere, everywhere you have to wait for the token to grow in price
I am satisfied when the project develops and the price of the token grows with it.it is more reliable than a pump
42  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 30, 2018, 08:18:48 PM
It is a disgusting game to play actually to lie to people just to try to get rich and on top of that to use any religion to do it is so sad and so bad. Adab Haraam exchange scammers headed by the 3 Kazakh "team" are the lowest of the low.
Religion was used to play games for a long time during history. It makes people take irrational decisions. Frankly speaking I don't think here are shariah supporters on this forum, because religion prohibits them to invest in risky products.
I also noticed that there are very few people who profess Islam among people who convert to cryptocurrencies. Although recently began to appear Muslim crypto projects.

Perhaps Muslims are not taken to actively participate in the discussion of projects, if the interlocutors are people of different faiths.
I have been studying cryptocurrency since the beginning of this year and I can say that there are more and more Islamic projects!
The popularity of this direction of gain.Not all at once.
43  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 30, 2018, 12:01:09 AM
There are literally hundreds of exchanges right now, are there any problems for muslims to trade there? What's your connection with UAE - there are loads of rich people, why wouldn't you find someone to sponsor this idea if it's genuine? ICO is not required for that.
The problem is that not all cryptocurrencies are approved by Sharia law.need an exchange where everything will be according to the rules and Muslims will be able to trade without fear
44  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 29, 2018, 10:58:02 PM
One of the good project I ever saw. Have you plan to trade currency pair .Like BTC/USD.
Yes, they plan to add a fiat pair. The first fiat currency will most likely be EURO. This is information from  admins telegrams.
Good decision. If there will be a fiat withdraw, it will attract more users. Now there are many exchanges, and fiat is a good competitive advantage.
I read in the chat for Fiat pairs and coins to be approved by the Soviets.
45  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 29, 2018, 09:26:19 PM
do you plan participate in some blockchain events in near future?
If I am not mistaken, this information can be found on the Twitter channel of the project, there is a lot of interesting information.

all information is available on social networks and on the project website.questions can be asked in the chat.support there is working around the clock.
46  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 28, 2018, 09:22:59 PM
Team I want to give you a compliment for your diligence as you already develop project that will greatly help people as these ideas are very important.
The world of technology has already come, and cryptocurrency is gradually reaching different countries, because it’s good when there are people who develop this theme in their own country
this will attract new investments in the development of this area.a positive impact on her.
47  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 28, 2018, 08:02:50 PM
I can't understand why there's so much negativity around the project. Will it be an exchange only for Muslims or for all religions? How are you going to distinguish this or that religion?
I think the platform will be for Muslims and according to their laws.other religions will be there to trade following the laws of exchange.
48  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 28, 2018, 07:14:02 PM

But this does not mean that this crypto exchange will be only for Muslim traders and investors. Anyone can use the services of the exchange!
other users will use bigger and better exchange like binance or okex
Who knows, maybe in a few years this exchanger will be better than the same Binans
it will depend on many factors that will lead to the success of the project.
49  Local / Альтернативные криптовалюты / Re: [ANN][ICO] {WORK} WORK Coin- Сервис Исполнителей (21.06.2018 - 5.08.2018) on: October 27, 2018, 07:27:32 PM
Давайте сначала дождемся беты. а потом можно будет и посмотреть, что из этого всего получается.
анонс был или еще нет?
нет
а когда вообще должна была запускаться площадка?
в этом квартале должен быть, но пока тишина полная.
Да, в дорожной карте запуск площадки запланирован на 4 квартал, причем стоит самым последним в списке. Чувствую, в лучшем случае, запустят в конце декабря. А скорее всего перенесут еще на пару месяцев.
Квартал еще не прошел, команда работает усиленно, чтобы успеть к сроку.
надеюсь, успеете к сроку и к НГ можно будет опробовать платформу.
Команда серьезная и показывает не плохие результаты своей работы.Думаю успеют.
50  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 27, 2018, 07:23:44 PM


@whitetoo



It has been over 72 hours (3 days) since I asked the questions. I got replies for the 3 questions directed at you, I appreciate that.

I know they must be busy but is there any update on the 6 questions for the team? Any estimated time they will take to answer?






Q1: You refer to Adab Solutions as "we". You wrote earlier "We are developing a beta version and submit it in January. Just wait and see everything. It will certainly differ significantly from the MVP." What is your position and what is your work within Adab Solutions? You answered several posts highlighting Shariah so are you Muslim? Do you follow Shariah?

Q2: The 3 Team members that the owners from Kazakhstan - what is their full religious denomination? If Sunni which branch? If Shia' which branch? If anything else, which branch?

Q3: The multiple aliases flooding this thread - who is the owner and what gain is in it for the flooders?

Q4: Why did the Team decide to register in Umm Al Quwain rather than Dubai or Abu Dhabi? Why choose UAE over their native Kazakhstan or Uzbekistan?

Q5: Will any/all investors that participate in the ICO have to send ID for KYC/AML? If so, why?

Q6:
KYC is a sensitive issue for many. If the exchange is active and users sign-up and send KYC ID then which precautions are taken to ensure the ID will not be misused?

Q7: Both Md Mofassair Hossain and Kazi Sohel Alom have been removed from the whitepaper and the Team section of the website. What were real full reasons for their removal?

Q8: At present there is no exchange, the business is just a company on paper. Adab Solutions are seeking investment. At the ICO and pre-ICO stage they are unable to fully vet investors therefore they might be getting people sending in funds from illicit, illegal and immoral sources such as prostitution.

If KYC is being done at ICO an pre-ICO stage then why not ask specifically for an annual tax return and letter of employment with salaries stated? Add to that the checking of all available information about the investor such as FB, Twitter, Insta etc to check to see if they are being honest. This might make investment slightly harder by putting investors off but it will filter out those people that should never invest in a Shariah project.

If any project is a standard non-Shariah project then there would be no need to take extra precaution. If a project is based around Shariah then extra precautions must be taken.

Please note, the question is specifically about ICO and pre-ICO stage investment when there is no live business or working product (it is not about anybody using services a live exchange provides). I have read what Maxat Salypn wrote in a generic sense but I need to ask for a specific reply: https://bitcointalk.org/index.php?topic=4720775.msg46790691#msg46790691

Q9:
Please explain fully why you lied and said I took money from you and said that that I worked for you and was fired by you.




A very respected man - Maxat Salpyn asked me to answer you.

I think there are all the answers. And you will change the view that I and the ADAB team are scammers.

and I hope all the same that common sense will win and you will understand that these accounts are not mine! go to any thread and see. Everywhere many people write many times! And what do you want to say? are my accounts too? haha... drivel...


Q2: The 3 Team members that the owners from Kazakhstan - what is their full religious denomination? If Sunni which branch? If Shia' which branch? If anything else, which branch?

All three Kazakh members of the project are Muslims and belong to Hanafi (Sunni) school of thoughts as the majority of Kazakh people.

As for the Shariah Advisory Board of FICE, I would like to mention that the Islamic finance industry is heavily dependent on religious scholars for validation of its products and services. Each Islamic financial institution has a Shariah board to validate its operation. The scholars in our Shariah Board will represent different schools of thought within the Sunni sect of Islam. Sunnis are in majority and they follow one of the four schools of thought of Sunny Islam. The differences among them are very minor. Furthermore, a scholar who may otherwise belong to a particular school of though does refer to the opinion of the past or present scholars of a different school of thought in making a decision on the validity of a product or service.


Q4: Why did the Team decide to register in Umm Al Quwain rather than Dubai or Abu Dhabi? Why choose UAE over their native Kazakhstan or Uzbekistan?

We have registered in Umm Al Quwain, because that was an easiest and fastest way for that time to get license and resister company. Now we are considering to move to ADGM or DIFC, as we want to have well regulated jurisdiction. Early next year UAE plans to introduce comprehensive regulation on ICOs an blockchain. FICE by itself is under the process of registration in the UK, which has safe and transparent regulation for the crypto exchange and well as confidence all over the world.

Q5: Will any/all investors that participate in the ICO have to send ID for KYC/AML? If so, why?
Investor doesn’t need to send ID for KYC to participate in the ICO.

Q6: KYC is a sensitive issue for many. If the exchange is active and users sign-up and send KYC ID then which precautions are taken to ensure the ID will not be misused?

We guarantee that the data of our customers will be used only as intended. Data security will be provided at the highest level with the partnership with the best company in the world.

Q7: Both Md Mofassair Hossain and Kazi Sohel Alom have been removed from the whitepaper and the Team section of the website. What were real full reasons for their removal?

 Md Mofassair Hossain and Kazi Sohel Alom were an integral part of our company for the last several months. Their contributions will always be valued and remembered. Their hard work, commitment, and dedication are worthy of admiration. We are discussing their future career objectives and, anyway, we wish them the best of luck.


Q8: At present there is no exchange, the business is just a company on paper. Adab Solutions are seeking investment. At the ICO and pre-ICO stage they are unable to fully vet investors therefore they might be getting people sending in funds from illicit, illegal and immoral sources such as prostitution.

You are not right in this sentence. ADAB Solutions is already known globally and has a recognized brand name.  We already in the process of developing and registering the FICE. MVP is ready and our team of Development team is hardly working on the technical side of the FICE and Alfa version of FICE will be presented in January and final Beta version in February. We already developed Shariah screening procedures of the FICE and in a few days will present Shariah conclusion on ADAB token by Mufti Faraz Adam.
Wow! it is something i can't miss! Looks like all questions are well answered and now there is no doubts about Adab legitimacy
I agree with you.I think the questions will disappear in distrustful people.
51  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 27, 2018, 06:24:45 PM

If all popular tokens are on the platform, then in the future all traders will know about this exchanger.
Of course, the number of trading pairs, the better. I hope we will see on the exchange and Bitcoin and Ethereum.

In order for them to be on the stock exchange, this should be done very well, advertising should work all the time.

it is important to support the crypto community.the project is not unambiguous because of innovation.it's hard for old-school people to accept that.we need to help them
It’s just that most of the people who are already not quite aware of the older generation in this crypto-lover, therefore, take this carelessly
all new scares)then get used to it and is beginning to like
52  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 27, 2018, 05:12:27 PM

If all popular tokens are on the platform, then in the future all traders will know about this exchanger.
Of course, the number of trading pairs, the better. I hope we will see on the exchange and Bitcoin and Ethereum.

In order for them to be on the stock exchange, this should be done very well, advertising should work all the time.

it is important to support the crypto community.the project is not unambiguous because of innovation.it's hard for old-school people to accept that.we need to help them
53  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 26, 2018, 08:28:15 PM
Really nice project with the unique features. will certainly attract more investors. and will be very useful for its users.
To date, it is very difficult to attract large investors, it is necessary to provide a really high-quality product.

I did not see any complaints about this project, everything is going in the right direction, but in the future everything could be different
Complaints are not on the technical component of the project. All charges relate exclusively to religious differences. Who is right, who is guilty - we do not know. Therefore, if the compliance with the norms of Sharia is not critical for you, then you can safely invest in this project!
People of non-Muslim faith can safely invest in a project without thinking that they are breaking the law.
Certainly this way! If a person professes, for example, Buddhism or Christianity, or perhaps a person in general is an atheist, then he doesn’t care about the requirements of Islam. So he can be calm that he does not violate anything.
it is necessary to treat all faiths with understanding and respect.man is free in his choice.
54  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 26, 2018, 08:02:40 PM
I think that devs think mostly about the development of the product not about speaking about marketing and development of the product.

Marketing should also be in one of the first places, due to the fact that advertising also does a lot for the project.
Without a good marketing, any project will not live on the market for a long time, the most important promotion mechanism is advertising.

Without good marketing, it is difficult to promote a new project in a sector with a large number of competitors. Although the ADAB team has developed a product with a big difference, you cannot do without a good advertising campaign.
today the team presented a new article about the project.I loved it!about 22% of the world's people will be able to work in the crypto community.
55  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 25, 2018, 11:00:00 PM
I have a question regrading this Islamic exchange system how you will monitor the source of income of any person. Maybe you post this answer before but hard to browse the whole thread. Only Muslim people will be able to trade there or invest in this project?
Not only Muslims can invest in the project, but at the expense of the flow of people, yes, I agree, you can simply do the verification for everyone
It is reasonable to do the fullest possible verification with the mandatory KYC for all. Thus, participants will be protected from possible fraud.
yeah, that would be nice.would exclude all scams and honest people would be able to get the most from the project.

56  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 25, 2018, 09:36:27 PM
The project has a lot of news that are published every day.You can find it all in the chat.
You need to keep up with the chat, and sometimes at work you don’t have time, you have to read the project’s blogs, the information is more interesting
The team, of course, needs to devote time to the forum, because the people of the old habit just don’t even know what telegrams are or any other messenger
Do not make me laugh. Telegram is now the most popular messenger. Most likely, many do not know about the existence of this forum.
I agree!It's all in the telegram now.business and personal correspondence.


57  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 24, 2018, 08:35:01 PM

And why US citizens can not take part in the project, it is all because of the rules of Sharia?

According to the laws of the United States, citizens and residents of this country can not participate in ICO. Read more on the Internet.
it is a big mistake not to allow citizens to participate. they'll change their minds soon.
58  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 24, 2018, 07:59:23 PM
The project has a lot of news that are published every day.You can find it all in the chat.
59  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 23, 2018, 06:24:10 PM
I am confused by the fact that the ADAB-exchange will trade only the main crypto-currencies. Perhaps by Shariah norms this is the right decision. But in order to attract as many people as possible, including non-Muslims, the exchange must trade various types of cryptocurrencies.
I fully agree with you, the more trading pairs on the exchange itself, the better.


Do you think ADAB will list only shariah coins ?)) Of course they will list all the coins.
Time will tell, it seems to me that the more trading pairs will be on the exchange, the better for all users.

It seems to me that at first it is not the most important thing. I think that at the very beginning there should be the most basic coin pairs and then we should  think about the rest ..
Well, of course, the main tokens must first be on the exchange, and only then you can think about other tokens, various projects
investors allocate their funds to several projects and thereby reduce the risk of loss.if a project is not a member of the success of another redraw losses and give x
60  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 23, 2018, 06:09:27 PM


It seems to me that it is too early to draw any conclusions, that's when the beta version of the exchange itself will appear, then it will be necessary to draw conclusions.

Then it will be too late to invest in the project or not, you need to decide now, because it is now a very large discount on the purchase of tokens.

I wonder how much the project will be able to sell tokens, at a good discount it is very profitable to buy now
Who knows about bonuses? Usually there are some especially at the stage of private sell. It is interesting to know if ADAB has it
participants of the second stage of the Pre- sale are able to receive a bonus  up to 50% . there is also an extra bonus.
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