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

[DonProton]

I read several articles on the Internet about this.

If you figure it out, share information with us. There are many who are trying to understand the essence of this issue.

I am afraid that he himself is entangled in religious nuances. I can hardly explain something to you.

Very sorry. I was hoping that someone would be able to essentially explain "what are the Shariah norms regarding cryptocurrencies."

[Asmh85]

Islamic religion is very difficult to understand by representatives of other faiths. there are many subtleties that are understandable only to people who preach Islam. I can not understand for example what they say means when they say that this crypto exchange meets the requirements of Shariah.

Finally Islamic exchange , I am Muslim and I understand sharia, in every side of our life sharia intervene almost in everything .many things in sharia are forbiddenforbidden even POS algorithm is forbidden.

[Crypton2018]

Islamic religion is very difficult to understand by representatives of other faiths. there are many subtleties that are understandable only to people who preach Islam. I can not understand for example what they say means when they say that this crypto exchange meets the requirements of Shariah.

That is because these are a bunch of people who want to open an exchange but need a unique selling point to challenge established competition such as Binance.

The owners of this project are playing on the word "Shariah" trying to get millions in ICO. They are business men and women who do not care about Islam, they just want money.

Adab Exchange is run by scammers

It will be very sad if you are right. Because the ADAB project in terms of marketing ideas looks great!

[Hanna_Money]

Islamic religion is very difficult to understand by representatives of other faiths. there are many subtleties that are understandable only to people who preach Islam. I can not understand for example what they say means when they say that this crypto exchange meets the requirements of Shariah.

That is because these are a bunch of people who want to open an exchange but need a unique selling point to challenge established competition such as Binance.

The owners of this project are playing on the word "Shariah" trying to get millions in ICO. They are business men and women who do not care about Islam, they just want money.

Adab Exchange is run by scammers

Unfortunately, fraud in the crypto world is very common. You can never blindly trust what they promise and say or write. Really a lot of scammers who are interested only to get money. I hope that ADAB does not apply to such scam projects.

[Crypton2018]

Islamic religion is very difficult to understand by representatives of other faiths. there are many subtleties that are understandable only to people who preach Islam. I can not understand for example what they say means when they say that this crypto exchange meets the requirements of Shariah.

That is because these are a bunch of people who want to open an exchange but need a unique selling point to challenge established competition such as Binance.

The owners of this project are playing on the word "Shariah" trying to get millions in ICO. They are business men and women who do not care about Islam, they just want money.

Adab Exchange is run by scammers

Unfortunately, fraud in the crypto world is very common. You can never blindly trust what they promise and say or write. Really a lot of scammers who are interested only to get money. I hope that ADAB does not apply to such scam projects.

Now the whole crypto market is in a very difficult situation. even serious projects are either closed or suspended their development. These are hard times for investors. Many have huge losses. You need to be careful when choosing an investment!

[jonnycorovsky]

Islamic religion is very difficult to understand by representatives of other faiths. there are many subtleties that are understandable only to people who preach Islam. I can not understand for example what they say means when they say that this crypto exchange meets the requirements of Shariah.

That is because these are a bunch of people who want to open an exchange but need a unique selling point to challenge established competition such as Binance.

The owners of this project are playing on the word "Shariah" trying to get millions in ICO. They are business men and women who do not care about Islam, they just want money.

Adab Exchange is run by scammers

Unfortunately, fraud in the crypto world is very common. You can never blindly trust what they promise and say or write. Really a lot of scammers who are interested only to get money. I hope that ADAB does not apply to such scam projects.

Now the whole crypto market is in a very difficult situation. even serious projects are either closed or suspended their development. These are hard times for investors. Many have huge losses. You need to be careful when choosing an investment!

Hard times will end sooner or later, and those who made the correct investments now - will receive excess profit

[sofaflesh]

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.

are you a representative of the religion of Islam?
are you familiar with Sharia law?
if you know what these laws will be, tell us more about them
and answer-why the exchange can not comply with these laws

[jonnycorovsky]

Islamic religion is very difficult to understand by representatives of other faiths. there are many subtleties that are understandable only to people who preach Islam. I can not understand for example what they say means when they say that this crypto exchange meets the requirements of Shariah.

That is because these are a bunch of people who want to open an exchange but need a unique selling point to challenge established competition such as Binance.

The owners of this project are playing on the word "Shariah" trying to get millions in ICO. They are business men and women who do not care about Islam, they just want money.

Adab Exchange is run by scammers

Unfortunately, fraud in the crypto world is very common. You can never blindly trust what they promise and say or write. Really a lot of scammers who are interested only to get money. I hope that ADAB does not apply to such scam projects.

Now the whole crypto market is in a very difficult situation. even serious projects are either closed or suspended their development. These are hard times for investors. Many have huge losses. You need to be careful when choosing an investment!

Hard times will end sooner or later, and those who made the correct investments now - will receive excess profit

Yes... To know still when these hard times already end and whether will end in general?

[JollyGood]

This project is a scam. Simple.

[Asmh85]

Islamic religion is very difficult to understand by representatives of other faiths. there are many subtleties that are understandable only to people who preach Islam. I can not understand for example what they say means when they say that this crypto exchange meets the requirements of Shariah.

That is because these are a bunch of people who want to open an exchange but need a unique selling point to challenge established competition such as Binance.

The owners of this project are playing on the word "Shariah" trying to get millions in ICO. They are business men and women who do not care about Islam, they just want money.

Adab Exchange is run by scammers

Unfortunately, fraud in the crypto world is very common. You can never blindly trust what they promise and say or write. Really a lot of scammers who are interested only to get money. I hope that ADAB does not apply to such scam projects.

Now the whole crypto market is in a very difficult situation. even serious projects are either closed or suspended their development. These are hard times for investors. Many have huge losses. You need to be careful when choosing an investment!

well, certainly this project is not scam at all, actually they have money more than the hardcap , but what they need is to build a community to look like any other exchange so even if no body invest in their ICO, they will go on to implement the ADAB exchange.

[JollyGood]

It will be very sad if you are right. Because the ADAB project in terms of marketing ideas looks great!

Yes it looks great Wordpress website but this is a scam project.

They are selling this project as Shariah compliant but many of the team behind it are not even Muslim. And the ones who claim to be Muslim or have Muslim names do not even declare which sect or denominations they belong to.

Board of Advisors: (https://adabsolutions.com/docs/wp/en_wp.pdf)

Sulaiman Al-Fahim - Advisor on Investment and Strategic Development
--If he is Muslim which sect of Islam does he follow?
--Does he have any qualification is Islamic Studies specialising in Finance?

Ali al-Khamis - Business Development Advisor
--If he is Muslim which sect of Islam does he follow?
--Does he have any qualification is Islamic Studies specialising in Finance?

Md-Mofassair-Hossain - Advisor Marketing and PR
--If he is Muslim which sect of Islam does he follow?
--Does he have any qualification is Islamic Studies specialising in Finance?
--If he is Muslim why is shortening his first name Mohammed/Muhammad to Md when the significance of that name for all Muslims is proudly know.

Gaurav Areng Chakraverti - Marketing ICO Advisor
--This man is NOT Muslim as his name clearly suggests it... According to Shariah this man is a non-believer so should he be onboard a Shariah compliant project?
 

Jorges Rodriguez - Security Advisor
--This man is NOT Muslim as his name suggests...
--Adab Exchange Whitepaper: "Ethical hacker since childhood, security expert, blockchain developer and project manager. Jorge Rodriguez is passionate about technology which is considered one of the greatest security experts in the world of CryptoCurrencies."

--This man is NOT Muslim as his name clearly suggests it... According to Shariah this man is a non-believer so should he be onboard a Shariah compliant project?

Which clever individual decided to have an "ethical hacker" on board for a Shariah compliant or any ICO project.... pathetic.

There are other people from the ICO whitepaper that give rise to concern too but I am waiting for replies to this and my previous posts first...

@whitetoo - You are the OP we wait for you to reply. Please explain why you think this project is Shariah compliant because after reading through the thread and reading your whitepaper, this project is not in accordance with Shariah. Thank you.

Adab (Arabic: أدب‎) in the context of behavior, refers to prescribed Islamic etiquette: "refinement, good manners, morals, decorum, decency, humaneness" so hurry up Adab Team and @whitetoo live up to your projects name and start replying to the posts asking you questions: https://en.wikipedia.org/wiki/Adab_(Islam)

[Departament11]

Of course it will be a project for all people. It is economically inexpedient to somehow close off from the whole world and make a project for a particular country or region.

Even if you take in order to save, it is not very profitable to work only for one audience

[bmw_e46]

You understand that this is a serious accusation. I did not understand the technical details of the ADAB project, but I like the marketing concept itself.
For now, see how the ICO fees will go.

I am sure that at the ICO everything will be fine with the project, because the idea is excellent

[perovsergey24]

You understand that this is a serious accusation. I did not understand the technical details of the ADAB project, but I like the marketing concept itself.
For now, see how the ICO fees will go.

I am sure that at the ICO everything will be fine with the project, because the idea is excellent

The project is very interesting. But only time will show whether our hopes will be equaled)

[evgenii17]

You understand that this is a serious accusation. I did not understand the technical details of the ADAB project, but I like the marketing concept itself.
For now, see how the ICO fees will go.

I am sure that at the ICO everything will be fine with the project, because the idea is excellent

I’m most interested in how to go through all this in the future.

[GOSPOD1N]

You understand that this is a serious accusation. I did not understand the technical details of the ADAB project, but I like the marketing concept itself.
For now, see how the ICO fees will go.

I am sure that at the ICO everything will be fine with the project, because the idea is excellent

The project is very interesting. But only time will show whether our hopes will be equaled)

The main project will cope with competitors, they will be for him anyway

[JollyGood]

Nice looking Wordpress website but this is a scam project

[assasin21rus]

I personally have never participated in Arab ICO,, but on the whole, investors are rather positive about them, it seems to me that ADAB is worth investing.

but you should understand that you don’t have to invest all your capital in one project, no matter how confident you are in its success

[Khala]

Of course it will be a project for all people. It is economically inexpedient to somehow close off from the whole world and make a project for a particular country or region.

Even if you take in order to save, it is not very profitable to work only for one audience

Of course you need to work and provide your project for a large audience and not for a specific kind of people

[perovsergey24]

I personally have never participated in Arab ICO,, but on the whole, investors are rather positive about them, it seems to me that ADAB is worth investing.

but you should understand that you don’t have to invest all your capital in one project, no matter how confident you are in its success

I do not understand how it is possible to be sure on so many that to invest all the capital...