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

[svetasokolova11]

@Timur Turzhan CEO & Founder from Kazakhstan

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

Really looking forward to your reply Timur

I personally do not see anything criminal here, a person, on the contrary, does a good deed, thus working for his project so that later the Muslim people can use the exchanger

[1714984900]

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[miner_boy]

@Timur Turzhan CEO & Founder from Kazakhstan

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

Really looking forward to your reply Timur

I personally do not see anything criminal here, a person, on the contrary, does a good deed, thus working for his project so that later the Muslim people can use the exchanger

Maybe I do not know the laws of Sharia, well, can not you just work? and no matter how you earn money (I’m not talking about crime), it’s legal work, even let it sell alcohol

[mo1.drug11]

@Timur Turzhan CEO & Founder from Kazakhstan

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

Really looking forward to your reply Timur

I personally do not see anything criminal here, a person, on the contrary, does a good deed, thus working for his project so that later the Muslim people can use the exchanger

Maybe I do not know the laws of Sharia, well, can not you just work? and no matter how you earn money (I’m not talking about crime), it’s legal work, even let it sell alcohol

I am sure that this is a made-up story simply and the person is just looking for a reason to simply come up with a cleave for the team, even though it is even moving forward confidently

[svetasokolova11]

Now the market is in a downtrend, but of course, it will be bull run in some time. So we just need to wait and get a good profit on this.

Last year exchange projects showed a good result.

Not all exchange projects showed a good result. We must look at many factors when choosing a project.

Now there are a lot of scam projects, I agree, but in this project the team provides us with screenshots at various conferences, how they promote their project and strive to make it better.

[miner_boy]

Now the market is in a downtrend, but of course, it will be bull run in some time. So we just need to wait and get a good profit on this.

Last year exchange projects showed a good result.

Not all exchange projects showed a good result. We must look at many factors when choosing a project.

Now there are a lot of scam projects, I agree, but in this project the team provides us with screenshots at various conferences, how they promote their project and strive to make it better.

You just need to communicate more with people, both in social networks and in real life, to conduct more presentations about your project, the more people know about the project, the better for the team itself.

[JollyGood]

This screenshot was from a couple of minutes ago. They have a tactic to flood the thread with their multiple aliases to start new pages in order to drown out voices that prove this project is a scam.

Not surprising at all they have not flooded the thread "Whitetoo" started trying to get me banned because admin will know this one fool has 20+ usernames used to flood:
https://bitcointalk.org/index.php?topic=5049155.msg47051547#msg47051547

The desperate fools continue to fool themselves by talking to each other using multiple aliases, they try to fool investors by showing this is a genuine investment when this is a Adab Haraam exchange scam.

Adab Haraam exchange is a scam project because the ICO fund raising is not Shariah compliant, that means the whole thing is a scam.

The "scammer bots", "give-me-bounty-for-each-incoherent-post-I-make-to-pump-this-thread", "freebie token seeking vagabonds" and "airdrop beggars" keep pumping up the thread praising the Adab Haraam scam exchange but I am going to keep posting ....

 

[Genrix]

I don't know why this guy has put all members in ignore list,but he tries to be smart although he is just bitching around because he is a former employee, I received this information in telegram adab channel

[dommerty]

Despite accusations this project is incredible, exchange for muslims is a big market, it can push whole blockchain economics because new investors from arab countries will come to invest

[sword024]

Wow, atmosphere is hot here!
As for me Adab is on of the original ICOs up to date. Islamic exchange is something unique

[trobbert]

Any news here about Adab? I just see the same info.it would be nice seeing some updates and news from twitter here, in announcement thread

[Genrix]

I would like to see updates as well,because it is something what I need to. For me it is easier to check out ann,because I don't use twitter at all

[^BuTcH^]

Well, i don't mean that I am sceptical. On a first sight it seems weird, and  my thought was just LOL on the whole idea, but looking at raised soft cap I see that someone has invested.
Raising 2-3 millions today is tough. i don't know how they will base on shariah norms, I am far from it, but it is not typical ICO anyway

Yes, but you dont know for sure  They just announced it and that's all, you never know it for sure without checking the smart contract?

You are right, I don't know it for sure. I've just noticed news about soft cap and thought that it is true, I wasn't interested in checking smart contract and making so deep analysis.

[trobbert]

For me it is the same, but I want to see development progress and in order to estimate it, they should show us some prototypes of platform

I think that if the ADAB project team had released a beta version of its stock exchange and would have given users the opportunity to try it out, that would be great. Many would have calmed down and stopped suspecting the project.

Yeah, you're right. Now people feel bad because they don't see any proof of exchange, but I believe adab will show some screenshots and then present us working product, at least MVP to calm down these guys

[minttop]

Yeah, all who survived in 2018 will gain profit in future, it is true!
What I'd like to say is that Adab here in a right moment, bull run is going to be soon!

Yes, I agree with you, now is a very good moment to start ICO. If they will get listed on exchanges in next year price can be increased very much.

Not only price has probability to increase, but all funds collected will rise as well and having something in crypto at the moment of pump they will achieve hard cap much more faster

[Freddy63]

Ok, guys. I would like to see any interview with founders to better understand their vision.
Another great idea is making interview with muslims to hear their voices about your exchange

[Asmh85]

Since you three "team" members from Kazakhstan are in charge of this Adab Haraam exchange scam I think you should at least tell people the following:

-- 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?

-- 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?

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

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


I asked before here but did not get a reply: https://bitcointalk.org/index.php?topic=4720775.msg46481643#msg46481643

I think they are from Kazakhstan,but they are living in Uzbekistan, and there are members from Uzbekistan so they are mainly from Uzbekistan and Kazakhstan.

[minttop]

Since you three "team" members from Kazakhstan are in charge of this Adab Haraam exchange scam I think you should at least tell people the following:

-- 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?

-- 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?

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

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


I asked before here but did not get a reply: https://bitcointalk.org/index.php?topic=4720775.msg46481643#msg46481643

I think they are from Kazakhstan,but they are living in Uzbekistan, and there are members from Uzbekistan so they are mainly from Uzbekistan and Kazakhstan.

How did you realised that? Are you from some of these countries and can differ special charecters of each of their identities?

[bazar111]

Now in daily payments settlement cryptocurrency hardly used. Most cryptocurrency transactions go through exchanges. But it is very difficult to create your own project in the cryptocurrency market.

Sure, cryptocurrency is not so popular now for this purposes and 99% use exchanges for this. But in near future, everything can change.

[ZloiRediska]

Ok, guys. I would like to see any interview with founders to better understand their vision.
Another great idea is making interview with muslims to hear their voices about your exchange

I also think that the team needs to make more official comments. To go back to my investors and the community project. then there will be no misunderstanding.

[Freddy63]

Of course, preparing ICO takes much time and many resources, so no doubt that developments will go to their goal because if the project succeeds both devs and investors can earn good money.

They have raised funds for development, so I don't see any reason to their fail.
I hope they truly raised funds and can make any proof,but honestly I don't care about it