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Mining in Tehran with electricity is not cheap as you say its very expensive and you need a mining license.Using subsidised electricity and getting caught gets you prison.
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Actually there were two ways I thought about doing this.
First fork stellar and make the coin anonymous.Stellar is already deemed a sharia compliant blockchain by the Bank of Bahrain and maybe change the algo
Secondly have a token based on gold or silver price as the old arabic community traded and a coin like this would pass the banks Sharia test.I was looking for some people to kick around both ideas to see what was best.If it was metal based it can easily be seen that all coins have the metal backing by storing it at a metal seller who will show account balance
Sharia Compliant Stable Coin Based On An Ounce Of Silver
According to Thomson-Reuters, the global Islamic economy is projected to reach upwards of 3 trillion USD by 2021. Within this market, cryptocurrencies will play a role in the ever-emerging capitalization of global markets and trade. In this light, it is important to understand the issue of cryptocurrencies and their compliance with Sharia law. The Bank of London and the Middle East (BLME), a Sharia-compliant bank, states that “the main principles of Islamic Finance are the avoidance of all haram (harmful) activities such as charging interest. In addition to the prohibition on charging interest, Islamic financial institutions must ensure that ambiguity (gharar) or gambling/speculation (maysair) is minimized in transactions and contracts.” In order to be compliant, cryptocurrencies must meet these standards, as well as additional crypto regulations.
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Looking for developers to help produce a sharia coin to stop US dollar dependency in the middle east.Please write here your thoughts and offers or email support@shariacoin.cash.Serious enquiries only |
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we will link our sites together via a backlink and we get juice from each other
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Willing to swap backlinks with other sites with same type traffic as mine United States Flag 35,339 Alexa looking for high traffic sites in other countries please DM me (Cryptocurrency site)
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Globalcryptotimes.com check alexa never had advertisement on it before make an offer
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really like NEO it has great potential as long as the SEC leave it alone
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I bid 0.1 bitcoin am I in the lead?
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Found out the cloud-mining company is a scam so you must be as well
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Good bargain if I get it at 0.12 bitcoin
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Please release 0.1 to Prince V and return rest to 1XUTqKQyBwgmTz2vZKiwMepQ6fptxFKhq and thank you for resolving a complex situation
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I am happy to release 0.1 to him just to get rid of him but he has changed all the data username and password for my cpanel.Once I have control of my cpanel I will agree to the deal
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I am willing to pay 0.05 as suggested by more senior members here for the backup script he sent that I have no idea works or not nor will ever find out.I am not willing to pay the 150 dollars he suggests for some unknown code.This man has never yet shown a working model or demo in near a week of people asking on the auction thread
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he has access to the server always had,he has password and username I have never changed it.Remember it was a working website I bought not a script.He failed to deliver the website twice
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Your a sad sad person who wants to look big and the man and your comments are as sad as you
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Here we go another asshole mouthing off,the trust was from two years ago and it was because I said I had dealings with him and his mixer and had no problems with him.Getting so disappointed with the people on here now.How many on here praised Big Vern and Cryptsy before he did a runner are they untrustworthy,you tell your experience as you find it
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These are selling on UK amazon with kodi installed at around $80 good buy from the OP
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