[ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms

[DgurJIupyf]

The ADAB exchange can win due to its marketing positioning as the first Islamic exchange. This is a very interesting idea!

Is it worth talking only about this aspect of this project? I think there are many important factors in such projects, and also need to talk about them.

I also think that ADAB has chances to be among  leaders. That is why I plan to sell a few coins and invest in this ICO

They are scammers. Stay away from them.

why are they scams?
if you can more evidence and substantiated facts!
to make it more clear to the people present here

I think that the available facts are not enough to make some analysis and conclusions that the ADAB project is a scam. This is a very hasty and unreasonable statement.

Yes, such conclusions in general can not be done ahead of time, why, everything will be fine and the command is normal

it’s too early to make any bad or good conclusions
certainly bad that we do not know the laws on which the project is based

If what you say is true then why did they announce their project without clarifying which "laws" they are applying?

If there is have a pot of money or crypto that is used for business purposes with the objective of trade or profit-making that is considered 100% Shariah compliant by the majority of scholars and schools of thought but another investor comes along and his investment from anti-Shariah sources go in to the same pot of money or crypto, then what happens? How can that unique selling point of being Islamic Exchnage complying with Shariah be possible?

If an owner or employee of a brewery that makes, transports or sells alcohol and uses income from those activities to fund the Shariah Adab Exchange ICO then it is not Shariah compliant

If someone manufactures, transports or sell drugs/narcotics and uses income from those activities to fund the Shariah Adab Exchange ICO then it is not Shariah compliant

If a pimp or prostitute uses income from those activities to fund the Shariah Adab Exchange ICO then it is not Shariah compliant

The whole "Shariah" compliant part of the project falls apart the moment the fools running the project will accept funding from any source without making necessary checks. In the situation of secrecy surround ICOs and crypto investment in general it will be impossible to filter through therefore no Muslims can claim to run a Shariah compliant business unless he is sure of the whole process including every little step otherwise it ceases to be Shariah compliant.

I read all your messages and it seems to me that you write your messages under the order of competitors. On the one hand you argue everything, and on the other you pour mud on ADAB. The most interesting thing is that only you noticed it (ADAB scams), and what do other participants think?

[JollyGood]

They are scammers. Stay away from them.

Where did you get this information? Please tell us. Why do you think they can deceive me?

Their unique selling point to attract investors is calling this project "Shariah" compliant. This project cannot be Shariah compliant because when you start a business that you claim to be Halal or Shariah compliant but will not make checks as to who is investing in your company and which source those funds are coming from then it is not a Shariah compliant business. The people behind this exchange are liars and scammers.

[JollyGood]

I read all your messages and it seems to me that you write your messages under the order of competitors. On the one hand you argue everything, and on the other you pour mud on ADAB. The most interesting thing is that only you noticed it (ADAB scams), and what do other participants think?

Thank you for the post, I see you did not answer any points.

Please explain:

1) If an owner or employee of a brewery that makes, transports or sells alcohol and uses income from those activities to fund the Shariah Adab Exchange ICO then is it Shariah compliant?

2) If someone manufactures, transports or sell drugs/narcotics and uses income from those activities to fund the Shariah Adab Exchange ICO then is it Shariah compliant?

3) If a pimp or prostitute uses income from those activities to fund the Shariah Adab Exchange ICO then is it Shariah compliant ?

4) How does the Adab Team intend to vet their investors to ensure the people and companies investing in the ICO trade only in Halal?

Thank you

[pogi23]

They are scammers. Stay away from them.

Where did you get this information? Please tell us. Why do you think they can deceive me?

I have noticed that some people appeared in the conviction, then they are dissatisfied with the project. It seems to me that the team members need to explain certain points to them.

[samsung001sss]

I could not find a description of how this exchange will fully comply with Sharia law. I am just interested.

This project is a scam because it claims to be Shariah complaint but it is a lie, this is not a Halal or Shariah compliant project.

why are you so sure that this project is a scam and that they are lying about Shariah norms? After all, in fact, the stock exchange have not  yet been developed

When you start a business that you claim to be Halal or Shariah compliant but will not make checks as to who is investing in your company and which source those funds are coming from then it is not a Shariah compliant business. The people behind this exchange are liars and scammers.

I successfully came to this topic. Project is a Scam? You understand that after such words, we will need to send to the test in the other thread this thread to develop this theme. If this project Scam, the trust of each participant can paint. This is a big problem. I really want to make sure you're telling the truth.

[DreamerJ]

I am sure that the development team has already encountered the problem of effective development of the exchange within Shariah rules ..

[Voidcrafter]

When you start a business that you claim to be Halal or Shariah compliant but will not make checks as to who is investing in your company and which source those funds are coming from then it is not a Shariah compliant business. The people behind this exchange are liars and scammers.

I successfully came to this topic. Project is a Scam? You understand that after such words, we will need to send to the test in the other thread this thread to develop this theme. If this project Scam, the trust of each participant can paint. This is a big problem. I really want to make sure you're telling the truth.
[/quote]
All right, after such charges typically create a new thread and the old-timers of the forum begin to understand the truth of this Scam or not

[Voidcrafter]

I have the impression that this project is also not all right,as for the participants,their names and photos, he is not quite similar to Arabic, project

Without doubt. Team must respond to such an accusation. Refute or confirm. Silence in this situation will only lead to a worse outcome.
Before all these words, I liked the project and I even bought tokens. Not much, but it's there.

[kmntrci]

Of course the situation on the market is very complicated. Investing now is risky. But earning now is also possible and with very good money. The main thing is to choose the right project!

You are right, now the market is fluctuating and bitcoin is on a correction. When the situation with its price will change and it will begin to grow. Investors ' demand and interest will Wake up very quickly.

I match that market now, in principle, shows upward trends, and it seems  that now it is worth thinking about investing in such projects.

[saveeege]

I just started to understand the technical characteristics of ADAB, but now I understand that this is quite an ambitious project that requires a lot of time to be realized.

[JohnYDillinger]

I thought that religious Muslims are not interested in similar technological developments, but I understand that I was wrong. I hope ADAB will be successfully functioning

[alp]

I look at the latest posts and realize that people don't look at the latest posts at all. Which just revealed all the cards on this project. And they still write about their own....

[TheFirstCreator]

I look at the latest posts and realize that people don't look at the latest posts at all. Which just revealed all the cards on this project. And they still write about their own....

I have read all of the 70 pages of discussion, but in fact I saw quite a few important posts, where people who knows the peculiarities and differences of this ICO delivers it  to people.

[pogi23]

They are scammers. Stay away from them.

Where did you get this information? Please tell us. Why do you think they can deceive me?

Their unique selling point to attract investors is calling this project "Shariah" compliant. This project cannot be Shariah compliant because when you start a business that you claim to be Halal or Shariah compliant but will not make checks as to who is investing in your company and which source those funds are coming from then it is not a Shariah compliant business. The people behind this exchange are liars and scammers.

You think so, because developers do not check investors? I haven’t learned that part of a project in detail yet, but it seems to me that you shouldn’t make such statements based only on such arguments..

[JollyGood]

I am sure that the development team has already encountered the problem of effective development of the exchange within Shariah rules ..

How can you be sure their exchange is within Shariah rules? Where is the evidence? Can we see it please?

[JollyGood]

I thought that religious Muslims are not interested in similar technological developments, but I understand that I was wrong. I hope ADAB will be successfully functioning

This is not Muslim project. This is a project run by a team, some of who claim to be Muslim and some are not. The "team" are saying this is a Shariah compliant exchange without explaining which interpretation of Islam they follow.

Because they have no vetting system in place to ensure investors buy in to the ICO with Halal/permissible money, it means (by default) they are willing to take investment from:

pimps
prostitutes
porn actors
those currently behind bars in prison serving prison sentences
those that sell drugs/narcotics
those that manufacture, test and sell weapons
those that own publications online/print media cursing Muslims and those that have anti-Muslim agenda
those that own, transport or sells alcohol
and more....

Any investment from  the above and more means the project cannot be "Shariah" compliant yet these clowns say they are offering a Shariah compliant exchange?

Pathetic scammers trying to fools Muslim and wider investors...  

[Guardsman]

And in the usual investing in the stock market, is it always possible to determine with certainty the origin of money? In the world there are a huge number of ways to whiten "dirty" money ...

[ZloiRediska]

In conventional finance, it is difficult to determine the true origin of money, and in cryptocurrency even more difficult.

[Hanna_Money]

Theoretically, you can set special rules for investors. And for the “right” money, buy only the “right” bitcoins or etifriums from miners. Then the money and cryptocurrency will meet all the requirements of Islam.

[Khala]

I thought that religious Muslims are not interested in similar technological developments, but I understand that I was wrong. I hope ADAB will be successfully functioning

Yes, there is a moment when in the same sentence can meet "religion and new technologies", it becomes strange