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Author Topic: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms  (Read 87013 times)
Genrix
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October 30, 2018, 05:34:19 AM
 #3701

There are literally hundreds of exchanges right now, are there any problems for muslims to trade there? What's your connection with UAE - there are loads of rich people, why wouldn't you find someone to sponsor this idea if it's genuine? ICO is not required for that.
The problem is that not all cryptocurrencies are approved by Sharia law.need an exchange where everything will be according to the rules and Muslims will be able to trade without fear
I would like to know what these Sharia laws are, and how this exchange will be separated from many other, already existing
There is no clear message about it and it is hard for most of us to distinguish shariah and non shariah project. I want it to be more clear.

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spawn4ever
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October 30, 2018, 05:46:18 AM
 #3702

TS when you gonna some information about ICO and smartcontracts?

Genrix
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October 30, 2018, 06:00:08 AM
 #3703

Guys,smart contracts are showing transparency and in most cases should be written BEFORE tokensale to make an audit by 3rd party and let investors analyse it

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trobbert
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October 30, 2018, 06:13:40 AM
 #3704

Indeed, islamic crypto exchange is needed to be transparent since the every beginning!
I really want haters to change their mind about this islamic exchange
paxswerr
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October 30, 2018, 06:26:58 AM
 #3705

Have you seen their team? What do you think about their experience?
They looks professional in islamic banking
6 members of their team have passed KYC on ICO bench, so I bet it is transparent team and they have positive reviews on ICO bench as well.
So the development team initially did not hide their data. They were completely public people. Their photos and accounts are known and available to anyone!
It is what I like most of all. There is nothing to be hidden, so their publicity is valuable and lower probability of exit scam.
daly896
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October 30, 2018, 06:40:47 AM
 #3706

Well, I aimed to check news of this project from time to time in order to get updates and watch after progress development.
I am mostly interested in beta release.

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October 30, 2018, 06:53:47 AM
 #3707

if I'm not mistaken, they're planning a platform in the middle of next year.
It seemed to me that they have planned it to be released by the end of 1st quater of 2019. Am I right?
I didn't read carefully white paper
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October 30, 2018, 07:02:22 AM
 #3708

As far as I know, the release of the alpha version is scheduled for December-February. More precisely you can ask in the chat.
im not sure that they will add this pairs in alpha version
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October 30, 2018, 07:15:18 AM
 #3709

Will alpha version look like MVP in terms of user interface?
Some people here don't like your MVP,that's why I am asking

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minttop
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October 30, 2018, 07:27:57 AM
 #3710

I wonder why there is no one shariah follower?
Everybody here wants to hear voice of 3rd party who follow shariah and can point out weak and strength points of FICE!

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paxswerr
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October 30, 2018, 07:39:20 AM
 #3711

There are literally hundreds of exchanges right now, are there any problems for muslims to trade there? What's your connection with UAE - there are loads of rich people, why wouldn't you find someone to sponsor this idea if it's genuine? ICO is not required for that.
The problem is that not all cryptocurrencies are approved by Sharia law.need an exchange where everything will be according to the rules and Muslims will be able to trade without fear
I would like to know what these Sharia laws are, and how this exchange will be separated from many other, already existing
They are going to prohibit listing non shariah complient tokens, it is written in WP.
Try to read more about it or read whitetoo answers.
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October 30, 2018, 07:41:24 AM
 #3712


And what the reason ? It is very good that ethereum is cheap now for ICO investors, you can buy more tokens in dollars.
This is good only if Ethereum grows in price in the future, but it can become cheaper.


In a long-term Ethereum will only grow. Now 200$ is a very cheap price for EThereum, just use the moment.
Now is the time to buy it, so that later when there was a growth, you will get your provents, well, and as an option for investment in the project

Sure it is a big opportunity to multiple your dollars. You can earn both on Ethereum growth, and on tokens growth.

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October 30, 2018, 07:50:40 AM
 #3713

Indeed, islamic crypto exchange is needed to be transparent since the every beginning!
I really want haters to change their mind about this islamic exchange

Than you should raise awareness and spread words and let the world know benefits and advantages. Actually it is hard for community to understand what revolutionary change it will bring I also read the whitepaper but it is hard for me about this idea.
minttop
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October 30, 2018, 07:59:46 AM
 #3714


And what the reason ? It is very good that ethereum is cheap now for ICO investors, you can buy more tokens in dollars.
This is good only if Ethereum grows in price in the future, but it can become cheaper.


In a long-term Ethereum will only grow. Now 200$ is a very cheap price for EThereum, just use the moment.
Now is the time to buy it, so that later when there was a growth, you will get your provents, well, and as an option for investment in the project

Sure it is a big opportunity to multiple your dollars. You can earn both on Ethereum growth, and on tokens growth.
Yes, nobody realise it and afraid of investing in current circumstances, but reality is that eth grow+token growth to eth = bigger profit.

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sesiah
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October 30, 2018, 08:01:42 AM
 #3715

There are literally hundreds of exchanges right now, are there any problems for muslims to trade there? What's your connection with UAE - there are loads of rich people, why wouldn't you find someone to sponsor this idea if it's genuine? ICO is not required for that.
The problem is that not all cryptocurrencies are approved by Sharia law.need an exchange where everything will be according to the rules and Muslims will be able to trade without fear
I would like to know what these Sharia laws are, and how this exchange will be separated from many other, already existing
They are going to prohibit listing non shariah complient tokens, it is written in WP.
Try to read more about it or read whitetoo answers.
will that be good or bad, i mean not listing coins or projects which are non shariah complaint, how many projects out their are shariah compliant, or this exchange will mean a rise to such projects.
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October 30, 2018, 08:08:58 AM
 #3716

Indeed, islamic crypto exchange is needed to be transparent since the every beginning!
I really want haters to change their mind about this islamic exchange

Than you should raise awareness and spread words and let the world know benefits and advantages. Actually it is hard for community to understand what revolutionary change it will bring I also read the whitepaper but it is hard for me about this idea.
I am trying to spread it as much as possible and sometimes discuss adab in telegram and here, but haters gonna hate and don't believe .
minttop
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October 30, 2018, 08:22:42 AM
 #3717

Am I allowed to invest via fiat investments? Do you have plugin accepting fiat investments?
I believe muslims will invest only with fiat

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arendator
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October 30, 2018, 08:33:32 AM
 #3718


And what the reason ? It is very good that ethereum is cheap now for ICO investors, you can buy more tokens in dollars.
This is good only if Ethereum grows in price in the future, but it can become cheaper.


In a long-term Ethereum will only grow. Now 200$ is a very cheap price for EThereum, just use the moment.
Now is the time to buy it, so that later when there was a growth, you will get your provents, well, and as an option for investment in the project

Sure it is a big opportunity to multiple your dollars. You can earn both on Ethereum growth, and on tokens growth.
Yes, nobody realise it and afraid of investing in current circumstances, but reality is that eth grow+token growth to eth = bigger profit.

Maybe people afraid now, but just remember the 2017 year. I think the same will be in future ICO.

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October 30, 2018, 08:38:39 AM
 #3719

I am 100% sure that bullish market will repeat 2017 year and somebody raise significant money,like 10-50x.
 Every shit coin will be pumped!

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October 30, 2018, 08:48:04 AM
 #3720


No these scammers have added revenge feedback because I exposed them for being Russian RoyalTeam, whitetoo, 520but scammer team of sock-pupper fraudsters that by or scam user accounts in order to flood threads to impress the project managers/owners and to fool newbies and gullible people by creating fake buzz and fake hype. Mostly they send incoherent messages to each other just to start new pages in the thread so posts that expose their scam get pushed out in to older pages.
yeah, I see it, they have left it,  but i meant 10-08 feedback added by AlexMilton. Apparently it was first one.  Anyway I don't think you have took money if you say so.

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