Did I understand the essence of Islamic investment correctly? It is forbidden to give money at interest, and when working together we become partners and share profits? It is also forbidden to Finance and become a partner in certain activities.
In Islamic finance, interest shouldn't be as a prior determined percentage, it should be varied according to the revenue. In addition, some of activities which are related to sex, alcoholic, and lending with percentage. You can refer to the white paper in this thread to have more information about Islamic economy and the specific activities which are forbidden.
|
|
|
لماذا الإستثمار في Taurus0x؟ تُشير التقديرات الحالية لقيمة الأعمال التجارية على بلوكشين بحوالي 2 تريليون دولار بحلول عام 2022 وسوق المشتقات المالية لأكثر من 1.2 $ كوادريليون تقوم Taurus0x بإنشاء فئة جديدة من الأصول القابلة للتداول ، مما يؤدي إلى إنصهار جميع أسواق العقود الآجلة إلى معيار واحد https://beta.taurus0x.com
|
|
|
Maxat Salpyn Deputy CEO on Islamic Finance - ADABsolutions at DUBAI INTERNATIONAL BLOCKCHAIN SUMMIT on 9 AUGUST 2018 - DUBAI ATLANTIS HOTEL, THE PALMMaxat Salpyn Deputy CEO on Islamic Finance
|
|
|
I am not mentioning the name of well known and established project which has got Sharia certification by UAE govt last month. You must be aware of the project as it is among top 10 on Coinmarketcap and how will you compete with that. I will share name if anyone interested and not aware of that project. I will be digging in more here to see what is all about anyway close sale round is going on which isn't for everyone.
Hello, sir. We are aware of the Stellar project, and the important note here, they are the first blockchain protocol to get a Sharia certification. Even though, these two projects may seem similar, by sharing the same ideology and principles, we are the first crypto EXCHANGE following the norms of Sharia. We have whitepaper available on our website, you can check it out and get more information about the project.Link for our website below: https://adabsolutions.com/Above and beyond Stellar ledger protocol which is Sharia compliance certification, there was an ICO had finished their crowdsale one month ago named Global REIT which was the first ever Blockchain-Based Sharia-Compliant REIT ,but as Mr. Alex state we are the first Crypto Exchange based on Sharia norms and we have our keys reasons to success. Thanks for your attention and your kind words.
|
|
|
ADAB Solutions Company Jurisdiction-UAE(Umm Al-Quwain)UAE was chosen based on the analysis of the key advantages of jurisdiction: 1. Good investment climate, availability of banking services and acceptable cryptocurrency regulations 2. UAE has a great image of a country, dealing with trusted and transparent companies 3. The country is one of the leaders in the Global and Islamic finances 4. Jurisdiction allows less secondary staff expenses and less operational fees 5. There are rights and norms bases, major opportunities for the company, specializing in services based on Islamic rights ADAB Solutions also considering Swiss Confederation(Canton of Zug)as a second Jurisdiction. It is necessary for regulated cryptocurrency jurisdiction, which lets us get a license to work with fiat money, expanding the geographical territory of company operations, increasing the security, minimizing political and regulatory risks.
Our social media accounts: https://www.facebook.com/adabsolutions/ https://twitter.com/AdabSolutions https://www.reddit.com/r/adabsolutions/ https://steemit.com/@adabsolutions https://medium.com/@adabsolutions https://t.me/Adabsolutions https://t.me/adabannouncement
|
|
|
First Crypto Exchange Generation
|
|
|
The first Islamic crypto platform. Adab Solutions makes it possible to perform cryptocurrency transactions in accordance with the principles of Islamic finance on the basis of Shariah norms and we are the first company that solves this problem
from that statement how much the fee for transaction and how with taker maker for trader , have you make an article about this ?
Commission fee for the currency exchange will be fixed, 0.05%-0.2% per one deal. You can check this article for more details : https://medium.com/@adabsolutions/revenue-model-of-adab-solutions-2c48bfe30823
|
|
|
the next exchange), but this is normal for today almost every week there are new ico, in which the idea is connected with the stock exchange, this huge sphere in which there is no limit
Yes you are right so many ICOs are there and many projects in the market are stumbling, the survived ICO is that with a new disruptive idea and this the first exchange that adopted Islamic economy (based on Sharia rules)
|
|
|
Religion in the crypto market?
We didn't said that at all !!!!, ADAB platform is the first crypto exchange built based on Sharia norms which is completely gibe with the moral and socially acceptable behavior and from the ethical responsibility aspect toward the societies, ADAB will arrange to build the charity organization from the incoming revenue from the primary transparent operations. Sharia!! So you are talking to Muslims only?!! Most Muslims in Islamic countries practicing Sharia norms everyday, we aren't targeting only Muslims , we are targeting all people over world. actually this question is One of the mostly asked questions, " Is this project only for Muslims people?", but we believe that this project has a big opportunity, and it can be perceived as a new business model and it can be used in by the whole world. Please refer to this article which I think it will help you understand the concept. https://medium.com/@adabsolutions/for-muslim-people-only-no-95ce446da4dd
|
|
|
Religion in the crypto market?
We didn't said that at all !!!!, ADAB platform is the first crypto exchange built based on Sharia norms which is completely gibe with the moral and socially acceptable behavior and from the ethical responsibility aspect toward the societies, ADAB will arrange to build the charity organization from the incoming revenue from the primary transparent operations.
|
|
|
Forecast of First Islamic Crypto Exchange turnover at the end of the first Year of project implementation
|
|
|
ADAB Project design and safety
The project is built on the highest security standards and unique technical software solutions in conjunction with safe and reliable jurisdictions. All sensitive data will be encrypted using AES 265 encryption protocol. During transfer of data will use protocols TLS 1.2 . The FICE site will use SSL certificate of high realibilty ( EV SSL) . Passwords and keys will be stored using one way hashes ( sha3) . Yes, ADAB security will be provided by the best developments of cybersecurity and high level of transparency in addition to the council board .
|
|
|
ADAB Project design and safety
The project is built on the highest security standards and unique technical software solutions in conjunction with safe and reliable jurisdictions.
|
|
|
Principles and values of the ADAB project. this platform creates the Adab Solution system, a platform that can be relied upon to launch halal projects. I think this is the first there is a Sharia-based crypto platform. This platform is supported by a great team and will definitely be successful.
Yes, This is the first time in crypto industry ,besides the current exchanges, ADAB platform with the new business model (Sharia) which is compliant with moral and social behaviors.
|
|
|
|