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

[hesham51]

Very unusual idea. I am sure that the huge Islamic world will approve this project and will inhale fresh blood which is very necessary for this industry in general on ICO market.

Today's Islamic economic model is one of the most dynamic of the modern economy and is actively moving beyond Muslims countries, FICE - First Islamic Crypto Exchange, based on the Shariah norms, which is unique in its own new business model following the Islamic economy principles.

[patrickSmith]

What is the difference between your FICE exchange and others?

[hesham51]

What is the difference between your FICE exchange and others?

Until now, there is not a single cryptocurrency platform or a crypto exchange which would guarantee activities based on Shariah. Adab Solutions will be the first project that will allow performing cryptocurrency transactions in accordance with the principles of Islamic finance and on the basis of Shariah norms. ADAB Solutions' operations are transparent, and are not making any manipulations whatsoever.
In addition ADAB are arranging charity organization from the particular percentage of the revenue we get. We are heavily competing with other exchanges, we are true to our unique strategic business model and we are following it.

[Asmh85]

What is the difference between your FICE exchange and others?

Until now, there is not a single cryptocurrency platform or a crypto exchange which would guarantee activities based on Shariah. Adab Solutions will be the first project that will allow performing cryptocurrency transactions in accordance with the principles of Islamic finance and on the basis of Shariah norms. ADAB Solutions' operations are transparent, and are not making any manipulations whatsoever.
In addition ADAB are arranging charity organization from the particular percentage of the revenue we get. We are heavily competing with other exchanges, we are true to our unique strategic business model and we are following it.

I see this is the most frequent question not only in this thread, but in the forum

[hesham51]

What is the difference between your FICE exchange and others?

Until now, there is not a single cryptocurrency platform or a crypto exchange which would guarantee activities based on Shariah. Adab Solutions will be the first project that will allow performing cryptocurrency transactions in accordance with the principles of Islamic finance and on the basis of Shariah norms. ADAB Solutions' operations are transparent, and are not making any manipulations whatsoever.
In addition ADAB are arranging charity organization from the particular percentage of the revenue we get. We are heavily competing with other exchanges, we are true to our unique strategic business model and we are following it.

I see this is the most frequent question not only in this thread, but in the forum

You are right,  this is the most popular question not only for ADAB project,  but for all projects. Actually it's intuitive question. 

[hesham51]

ADAB Advisors: Ali Al Khamis

Due to the growing interest to our project, we would like to introduce our project advisors.

Ali Al-Khamis- Business Development Advisor

Mr. Al-Khamis earned a ... Read more

[Asmh85]

ADAB Advisors: Ali Al Khamis

Due to the growing interest to our project, we would like to introduce our project advisors.

Ali Al-Khamis- Business Development Advisor

Mr. Al-Khamis earned a ... Read more

You have new member joined the team in a new position.

[hesham51]

You have new member joined the team in a new position.

A new member have joined ADAB Solutions team, his name is Mufti Faraz Adam and he will work as Internal Shariah Compliance Officer , below is a shortened biography about him.

Mufti Faraz Adam has spent almost a decade studying Islamic law. He completed his Islamic studies in the six-year Alimiyyah degree at Darul Uloom Leicester. He then went onto specialise in Islamic law and graduated as a Mufti in South Africa at Darul Iftaa Mahmudiyyah, Durban, super-specialising in Islamic finance during his studies. Mufti Faraz went onto complete a Master’s Degree in Islamic Finance, Banking and Management at Newman University in 2017. During the years, he has attained various industry qualifications. Mufti Faraz is the director of Amanah Finance Consultancy Ltd, a platform for specialist global Shariah advisory services. Mufti Faraz is a Shariah advisor at a number of Islamic financial institutions in the UK, Bahrain, Dubai, Singapore and Malaysia.

[Asmh85]

You have new member joined the team in a new position.

A new member have joined ADAB Solutions team, his name is Mufti Faraz Adam and he will work as Internal Shariah Compliance Officer , below is a shortened biography about him.

Mufti Faraz Adam has spent almost a decade studying Islamic law. He completed his Islamic studies in the six-year Alimiyyah degree at Darul Uloom Leicester. He then went onto specialise in Islamic law and graduated as a Mufti in South Africa at Darul Iftaa Mahmudiyyah, Durban, super-specialising in Islamic finance during his studies. Mufti Faraz went onto complete a Master’s Degree in Islamic Finance, Banking and Management at Newman University in 2017. During the years, he has attained various industry qualifications. Mufti Faraz is the director of Amanah Finance Consultancy Ltd, a platform for specialist global Shariah advisory services. Mufti Faraz is a Shariah advisor at a number of Islamic financial institutions in the UK, Bahrain, Dubai, Singapore and Malaysia.

What is Internal officer duties in this project? Still not clear

[hesham51]

You have new member joined the team in a new position.

A new member have joined ADAB Solutions team, his name is Mufti Faraz Adam and he will work as Internal Shariah Compliance Officer , below is a shortened biography about him.

Mufti Faraz Adam has spent almost a decade studying Islamic law. He completed his Islamic studies in the six-year Alimiyyah degree at Darul Uloom Leicester. He then went onto specialise in Islamic law and graduated as a Mufti in South Africa at Darul Iftaa Mahmudiyyah, Durban, super-specialising in Islamic finance during his studies. Mufti Faraz went onto complete a Master’s Degree in Islamic Finance, Banking and Management at Newman University in 2017. During the years, he has attained various industry qualifications. Mufti Faraz is the director of Amanah Finance Consultancy Ltd, a platform for specialist global Shariah advisory services. Mufti Faraz is a Shariah advisor at a number of Islamic financial institutions in the UK, Bahrain, Dubai, Singapore and Malaysia.

What is Internal officer duties in this project? Still not clear

Well, In all Islamic financial institutions, there is always one internal Shariah compliance officer who deals directly with product design, product development, Shariah compliance of all functions and working with the team on a regular basis to promote Shariah compliant solutions. He would be the first point of contact for any external parties for all Shariah related matters.

[Asmh85]

You have new member joined the team in a new position.

A new member have joined ADAB Solutions team, his name is Mufti Faraz Adam and he will work as Internal Shariah Compliance Officer , below is a shortened biography about him.

Mufti Faraz Adam has spent almost a decade studying Islamic law. He completed his Islamic studies in the six-year Alimiyyah degree at Darul Uloom Leicester. He then went onto specialise in Islamic law and graduated as a Mufti in South Africa at Darul Iftaa Mahmudiyyah, Durban, super-specialising in Islamic finance during his studies. Mufti Faraz went onto complete a Master’s Degree in Islamic Finance, Banking and Management at Newman University in 2017. During the years, he has attained various industry qualifications. Mufti Faraz is the director of Amanah Finance Consultancy Ltd, a platform for specialist global Shariah advisory services. Mufti Faraz is a Shariah advisor at a number of Islamic financial institutions in the UK, Bahrain, Dubai, Singapore and Malaysia.

What is Internal officer duties in this project? Still not clear

Well, In all Islamic financial institutions, there is always one internal Shariah compliance officer who deals directly with product design, product development, Shariah compliance of all functions and working with the team on a regular basis to promote Shariah compliant solutions. He would be the first point of contact for any external parties for all Shariah related matters.

How do internal officer act with the external auditing board?

[murgut]

i think i saw a similar project that was around a few months ago. it was called hada bank and i never heard anything about them after the ico. so similar project 

[hesham51]

You have new member joined the team in a new position.

A new member have joined ADAB Solutions team, his name is Mufti Faraz Adam and he will work as Internal Shariah Compliance Officer , below is a shortened biography about him.

Mufti Faraz Adam has spent almost a decade studying Islamic law. He completed his Islamic studies in the six-year Alimiyyah degree at Darul Uloom Leicester. He then went onto specialise in Islamic law and graduated as a Mufti in South Africa at Darul Iftaa Mahmudiyyah, Durban, super-specialising in Islamic finance during his studies. Mufti Faraz went onto complete a Master’s Degree in Islamic Finance, Banking and Management at Newman University in 2017. During the years, he has attained various industry qualifications. Mufti Faraz is the director of Amanah Finance Consultancy Ltd, a platform for specialist global Shariah advisory services. Mufti Faraz is a Shariah advisor at a number of Islamic financial institutions in the UK, Bahrain, Dubai, Singapore and Malaysia.

What is Internal officer duties in this project? Still not clear

Well, In all Islamic financial institutions, there is always one internal Shariah compliance officer who deals directly with product design, product development, Shariah compliance of all functions and working with the team on a regular basis to promote Shariah compliant solutions. He would be the first point of contact for any external parties for all Shariah related matters.

How do internal officer act with the external auditing board?

The internal Shariah officer is responsible for liaising with external Shariah board and presenting all materials and documentation reviewed for Shariah compliance to get their review and approval of internal workings.

[hesham51]

i think i saw a similar project that was around a few months ago. it was called hada bank and i never heard anything about them after the ico. so similar project 

Yes , Hada Dbank was a banking ecosystem based on Islamic financial laws and I think they didn't achieve the softcap so that you didn't hear about them, but ADAB Solutions presenting the FICE-First Islamic Crypto Exchange, which allows new major sector of cryptocurrency market, focusing on Muslim communities, Islamic finances users, and all interested people.
The uniqueness of this project, not only concluded by following the Sharia Laws, but also including the best possible security options, in accordance with the highest standards of security and key programme solutions.

[patrickSmith]

i think i saw a similar project that was around a few months ago. it was called hada bank and i never heard anything about them after the ico. so similar project 

Yes , Hada Dbank was a banking ecosystem based on Islamic financial laws and I think they didn't achieve the softcap so that you didn't hear about them, but ADAB Solutions presenting the FICE-First Islamic Crypto Exchange, which allows new major sector of cryptocurrency market, focusing on Muslim communities, Islamic finances users, and all interested people.
The uniqueness of this project, not only concluded by following the Sharia Laws, but also including the best possible security options, in accordance with the highest standards of security and key programme solutions.

what security options do you use?

[hesham51]

i think i saw a similar project that was around a few months ago. it was called hada bank and i never heard anything about them after the ico. so similar project 

Yes , Hada Dbank was a banking ecosystem based on Islamic financial laws and I think they didn't achieve the softcap so that you didn't hear about them, but ADAB Solutions presenting the FICE-First Islamic Crypto Exchange, which allows new major sector of cryptocurrency market, focusing on Muslim communities, Islamic finances users, and all interested people.
The uniqueness of this project, not only concluded by following the Sharia Laws, but also including the best possible security options, in accordance with the highest standards of security and key programme solutions.

what security options do you use?

FICE platform security will be provided by the best developers in the field of cybersecurity, including the high level of business transparency. Security Development Lifecycle(SDL), and all the field standards will be adopted. FICE will implement the threat modeling, and STRIDE analysis, statistical code analysis(SAST), dynamic program analysis(DAST) and a penetration test.
FICE will adopt standards of data encryption,recommended by the NIST(AES-256,SHA256/SHA3) and will not use proprietary cryptography. All the user data, including the internal traffic will be encrypted.
FICE guarantees:
1.All the confidential data will be encrypted with AES-256 encryption protocol
2.TLS 1.2 protocols will be used during the data transfer
3.FICE website will use SSL-certificates of high security(EV SSL)
4.Passwords and access keys will support internal protocols of operational safety, approved by ADAB Solutions
5.FICE will arrange regular audit of certificates and protocols of security.

[serkan7554]

ADAB Danışmanı: Ali Al Khamis

a history of success. key person for the project

Bay Al-KHamis  ... hakkında detaylı bilgi

[Asmh85]

What is the minimum amount of purchase in closed presale?

[hesham51]

Since I started to take an interest in your project, I read a lot of information about the Islamic world. I want to say that you really started a hard struggle in the Islamic world. You will make a revolution in the crypto world and the world of Islam!

Thank you for your interesting in ADAB Solutions and its productive business model 

[oper802]

I like the concept of this project. I think they will give a different color in the crypto market. This is a good project to get support from Moslem investors. I am sure this project will be successful in the future. I hope their ICO will get good results.