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

[knuckey]

It is indeed very difficult to check and prove that funds from the ICO participants and KYC do not have enough information to know the source of the funds.
Not only this adab project, banks or financial companies claiming to be "Shariah" alone always have controversy, between halal or haram.

Whatever it is, it will prove itself and Allah will not allow it if the project is not in accordance with the techings of Islam and has an evil purpose. Allah will be angry and will destroy it, who will be able to avoid its power? There is no.

[JollyGood]

It is indeed very difficult to check and prove that funds from the ICO participants and KYC do not have enough information to know the source of the funds.
Not only this adab project, banks or financial companies claiming to be "Shariah" alone always have controversy, between halal or haram.

Whatever it is, it will prove itself and Allah will not allow it if the project is not in accordance with the techings of Islam and has an evil purpose. Allah will be angry and will destroy it, who will be able to avoid its power? There is no.

These scammers should be ashamed of themselves for putting their personal profit ahead of their lies to promote their exchange using the word "Shariah". A bit like a Christian, Jew, Hindu, Buddhist and other religions being used to sell something that is the opposite of what their religion states but they try to sell it as something their religion promotes.

The Adab exchange team consists of mentally, morally and ethically sick people guided by lies to generate profit and income.

[AlexMilton]

It is indeed very difficult to check and prove that funds from the ICO participants and KYC do not have enough information to know the source of the funds.
Not only this adab project, banks or financial companies claiming to be "Shariah" alone always have controversy, between halal or haram.

Whatever it is, it will prove itself and Allah will not allow it if the project is not in accordance with the techings of Islam and has an evil purpose. Allah will be angry and will destroy it, who will be able to avoid its power? There is no.

These scammers should be ashamed of themselves for putting their personal profit ahead of their lies to promote their exchange using the word "Shariah". A bit like a Christian, Jew, Hindu, Buddhist and other religions being used to sell something that is the opposite of what their religion states but they try to sell it as something their religion promotes.

The Adab exchange team consists of mentally, morally and ethically sick people guided by lies to generate profit and income.

Listen Jamal, can you stop writing?
Do not insult religion, each religion is individual, you better return the money that you took on the development of the community!

And where are the experts and advisers?
I wonder how you understand that someone is a Muslim and who is not?

Only by name?

I think that you are a scammer who should be punished. I already wrote to the CEO projects where you are participating and told them not to deal with you.

And for reference, we do KYC and we know everyone who invested in us.
You didn’t study the project in detail and write everything superficially here, an eminent Muslim who you are not, always responsible for your words. I know who you are and why you write here.

You are a fraudster who is hiding behind himself and is not doing what he promises.

And by the way, here's some evidence for you that we are working according to Sharia!
With us in the team are very influential people from the world of Islam!

https://www.linkedin.com/in/muhammad-abu-bakar-501b31113
https://www.linkedin.com/in/faraz-adam-35592012a

Alhamdulillah, I hold Shadatul Alamiyah (Equivalent to Master in Shariah) from the world renowned and reputable Islamic university “Jamia Darul Uloom Karachi”, Pakistan where I studied from Respected Mufti Muhammad Rafi Usmani (Grand Mufti of Pakistan) & Sheikh Mufti Muhammad Taqi Usmani (Chairman, AAOIFI Shariah Board) among other great luminaries in Islamic Jurisprudence & Shariah. I have also completed 3-year specialization in Islamic jurisprudence and Fiqh al-muamalat from the same institution for which I wrote my thesis on the topic of "Maqasid al-Shariah (Objectives of Shariah) & their role in Ijtihad". Additionally, I researched and prepared more than 400 Fatawa (Shariah Rulings) majoring in Fiqh al-muamalat & Islamic finance approved by the renowned Muftis at Darul-Ifta, Jamia Darul Uloom Karachi.
Recently, I successfully completed MSc in Islamic finance from INCEIF (The Global University of Islamic Finance, Malaysia).
I am associated with various institutions and actively serves Islamic Finance, Halal and Fintech industry as Shariah Advisor /Consultant and Auditor. My areas of research and interest including but not limited to Shariah, Islamic jurisprudence, Fiqh al-muamalat, Islamic Commercial Law, Islamic Banking & Finance, Halal Certification and Compliance, Applications of Fintech, Blockchain and Cryptocurrencies.

[JollyGood]

@AlexMilton

The above post is full of contradictions. It is difficult to ascertain if you are pro-Adab exchange or anti-Adab exchange.

It is difficult to ascertain if you accept Adab exchange is Shariah compliant or not.

[abonarea]

At first they shouldn't have mixed religion with technology to use the name of sharia as tool to sell the product as fundamental rule. But if you look by other angle there is already financial system using the name of sharia whereas they are doing everything like traditional banking under other products names. If we watch by third angle it could be attractive for those need some kind of justification to invest in something they are not sure of. I really am not interested what they are all about but my concern is about basic information of company registration to be released publicly. They left blanked the contact tab on the website intentionally.

[FlooMeer]

Why should I join your project? He is better than others? How are you going to increase the popularity of the platform?

[TimurBit]

Why should I join your project? He is better than others? How are you going to increase the popularity of the platform?

ADAM, this is a rare project. it is the world's first cryptocurrency exchange operating in accordance with the principles of Islamic Finance and opens the possibility for the crypto market to gain access to the Islamic world. I think that this project is simply obliged to interest the community of investors.

[Kholodnya]

I went through the registration process directly on the platform, what should I do next when I can buy tokens?

[GyramCripto]

I went through the registration process directly on the platform, what should I do next when I can buy tokens?

You need to wait for the ICO process to start, it's very simple. ICO will start in a certain period of time.

[JuleGulie]

What will be the exact cost of 1 of your token? Are the exact numbers known? What will the price of the token be tied to, the dollar?

[JollyGood]

At first they shouldn't have mixed religion with technology to use the name of sharia as tool to sell the product as fundamental rule. But if you look by other angle there is already financial system using the name of sharia whereas they are doing everything like traditional banking under other products names. If we watch by third angle it could be attractive for those need some kind of justification to invest in something they are not sure of. I really am not interested what they are all about but my concern is about basic information of company registration to be released publicly. They left blanked the contact tab on the website intentionally.

They did it because they are scammers. They thought they were clever but they have been caught out.

Adab exchange = scammers

[drrekkty]

Wow, seems like unusual idea, islamic crypto exchange it is something modern and up to date. Did you raise something?

[trobbert]

How do you keep shariah norms? Are all of your team members muslims?
Do you have any agreements with islam banks?

[Freddy63]

Guys idea is awesome , I heard a lot about islamic banking in general, but never heard before about islamic banking in crypto sphere.
Do you have competitors?

[drrekkty]

Also I wonder if someone from you team has passed KYC? Being a bounty participant of other projects I want not only bounty participants pass KYC,but also team members

[minttop]

What is your killer feature? Are you aimed to operate only with islamic business people or other religions are ok?

[Genrix]

Is anyone here invested in Adab. I am looking for trusted ICO and I don't know if it is a worthy project or not.
How much have you raised and what about bonus structure?

[nerttor]

I think the Islamic people have always been able to count money. But their religion doesn't allow them to make a profit in an unfair way. Although it may be legal.

[berkoch]

The sphere of cryptocurrencies and ICO is business. In business, profit is important. The mention of any religion in the context is irrelevant to the end result.

[bazar111]

Sorry for naive question, but what problems has usual crypto exchange with Shariah norms?   

If you are not musilm than you don't have any problems.