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Author Topic: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms  (Read 87070 times)
beheper
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October 03, 2018, 07:59:09 PM
 #1381

Islam has a very peculiar position regarding money and its use. And the attitude to cryptocurrencies is generally unusual. I read several articles on the Internet about this.

I am not a specialist  of Arabic culture and even more so of their religious canons, but it is very interesting for me to learn about the peculiarities of their culture and attitude to modern technologies))
This is a new for starting population crypto in Islam world! So, why not to risk, it may to give a big profit!
Then we will look at the final results, I think the team will be satisfied with them
I`m very interesting in results, because have a lot of hopings about ADAB!
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October 03, 2018, 07:59:35 PM
 #1382

I can not decide how much to invest. I am a supporter of asset diversification. It seems to me that at least a third of all my assets can be invested here.
If u don`t wanna invest, you can take part in bounty or simple to be a popularizator. It`s good too!
Yes, this is also a good solution for the project, you can help in any way.
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October 03, 2018, 08:00:57 PM
 #1383

It is clear marketing is working and hype positive one has started to build with every passing day. They are doing fine on marketing end and its results will be seen when public crowdfunding round goes live. If I am not judging the scenario wrongly it looks like fomo is starting and we will see lot of investment in very early hours.
So, developers should to increase strong of server to 11 November, because website can die, because will a lot of participants!
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October 03, 2018, 08:01:53 PM
 #1384

It is clear marketing is working and hype positive one has started to build with every passing day. They are doing fine on marketing end and its results will be seen when public crowdfunding round goes live. If I am not judging the scenario wrongly it looks like fomo is starting and we will see lot of investment in very early hours.
So, developers should to increase strong of server to 11 November, because website can die, because will a lot of participants!
It`s often, when site is "fall down" on starting of sales. And we must to deters for this!
beheper
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October 03, 2018, 08:03:25 PM
 #1385

No one said that the ADAM project makes its exchange only for representatives of the Islamic religion. They only stated that their project was made in accordance with the requirements of the rule of Islam. And so perfect for Islamic. But it is also suitable for all other people!
Arabian is only begin of development Adab, and after will enter to International! And it will have already very goood!
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October 03, 2018, 08:04:30 PM
 #1386

Islam has a very peculiar position regarding money and its use. And the attitude to cryptocurrencies is generally unusual. I read several articles on the Internet about this.

I am not a specialist  of Arabic culture and even more so of their religious canons, but it is very interesting for me to learn about the peculiarities of their culture and attitude to modern technologies))
This is a new for starting population crypto in Islam world! So, why not to risk, it may to give a big profit!
Then we will look at the final results, I think the team will be satisfied with them
I`m very interesting in results, because have a lot of hopings about ADAB!
If you like the project, then he needs help in terms of finance.
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October 03, 2018, 08:05:02 PM
 #1387

This is a scam project. This is not Halal or Shariah compliant.

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October 03, 2018, 08:05:06 PM
 #1388

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 idea is really interesting, but I'm not sure that developers will be able to fully implement this exchange. Still i have hopes
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October 03, 2018, 08:05:53 PM
 #1389

This is a scam project. This is not Halal or Shariah compliant.
Where are such conclusions from? the first complaint in a long time, strange to hear it somehow
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October 03, 2018, 08:06:00 PM
 #1390

In any case, this project of the ADAB exchange will stand out against the background of other crypto projects that are currently being carried out by ICO.
yeah, now isnt any interesting and profitable, so I invest here and in 2018 I plan to buy a piece tokens in 3 ICO!
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October 03, 2018, 08:15:05 PM
 #1391

I could not find a description of how this exchange will fully comply with Sharia law. I am just interested.

This project is a scam because it claims to be Shariah complaint but it is a lie, this is not a Halal or Shariah compliant project.
why are you so sure that this project is a scam and that they are lying about Shariah norms? After all, in fact, the stock exchange have not  yet been developed
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October 03, 2018, 08:28:17 PM
 #1392

I could not find a description of how this exchange will fully comply with Sharia law. I am just interested.

This project is a scam because it claims to be Shariah complaint but it is a lie, this is not a Halal or Shariah compliant project.
why are you so sure that this project is a scam and that they are lying about Shariah norms? After all, in fact, the stock exchange have not  yet been developed

When you start a business that you claim to be Halal or Shariah compliant but will not make checks as to who is investing in your company and which source those funds are coming from then it is not a Shariah compliant business. The people behind this exchange are liars and scammers.

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October 03, 2018, 09:14:53 PM
Last edit: October 03, 2018, 09:40:40 PM by Asmh85
 #1393

I could not find a description of how this exchange will fully comply with Sharia law. I am just interested.

This project is a scam because it claims to be Shariah complaint but it is a lie, this is not a Halal or Shariah compliant project.
why are you so sure that this project is a scam and that they are lying about Shariah norms? After all, in fact, the stock exchange have not  yet been developed

When you start a business that you claim to be Halal or Shariah compliant but will not make checks as to who is investing in your company and which source those funds are coming from then it is not a Shariah compliant business. The people behind this exchange are liars and scammers.
Hi mate, belive me this project is not scam they are more than scam, I understand Sharia norms, I had studied shariah, this project want to  make  money laundering, they , they need to hide their money and lunder it.
As you  said many times here that they are not applying Sharia! You are right, they are ERC20 and ethereum is POS which is Haram not halal because of the interest that people is getting from stacking is forbidden in Shariah.
I'm sure Muslims who is already in crypto market will not invest in this project because they don't consider others exchanges like Binance and Kucoin as forbidden.
One more thing , the team is real but they don't have any experience in crypto currency, when this exchange go live they will be hacked because they are not professional in this field.
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October 03, 2018, 09:17:40 PM
 #1394

I could not find a description of how this exchange will fully comply with Sharia law. I am just interested.

This project is a scam because it claims to be Shariah complaint but it is a lie, this is not a Halal or Shariah compliant project.
why are you so sure that this project is a scam and that they are lying about Shariah norms? After all, in fact, the stock exchange have not  yet been developed

When you start a business that you claim to be Halal or Shariah compliant but will not make checks as to who is investing in your company and which source those funds are coming from then it is not a Shariah compliant business. The people behind this exchange are liars and scammers.

i am agree with that..

Investors" behind this exchange is scammers

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October 03, 2018, 09:24:31 PM
 #1395

Hi mate, belive me this project is not scam they are more than scam, I understand Sharia norms, I had studied shariah, this project want to  make lundery money, they , they need to hide their money and lunder it.
As you  said many times here that they are not applying Sharia! You are right, they are ERC20 and ethereum is POS which is Haram not halal because of the interest that people is getting from stacking is forbidden in Shariah.
I'm sure Muslims who is already in crypto market will not invest in this project because they don't consider others exchanges like Binance and Kucoin as forbidden.
One more thing , the team is real but they don't have any experience in crypto currency, when this exchange go live they will be hacked because they are not professional in this field.

I like this post. Thank you.

Yes they do not have any real crypto experience, it seems to be a rag-tag team huddled together to widen the appeal and input to forcefully make a "team". The problem is nobody in that "team" is qualified on any aspect of Islamic jurisprudence in any Islamic denomination.

It is doomed to fail.

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October 03, 2018, 10:07:41 PM
 #1396

Of course the situation on the market is very complicated. Investing now is risky. But earning now is also possible and with very good money. The main thing is to choose the right project!
You are right, now the market is fluctuating and bitcoin is on a correction. When the situation with its price will change and it will begin to grow. Investors ' demand and interest will Wake up very quickly.

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October 03, 2018, 10:13:19 PM
 #1397

This is a scam project run by a bunch of clowns that are out of their depth

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.

Roll Eyes 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?


Roll Eyes 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)


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October 03, 2018, 10:28:27 PM
 #1398

Hi mate, belive me this project is not scam they are more than scam, I understand Sharia norms, I had studied shariah, this project want to  make  money laundering, they , they need to hide their money and lunder it.
As you  said many times here that they are not applying Sharia! You are right, they are ERC20 and ethereum is POS which is Haram not halal because of the interest that people is getting from stacking is forbidden in Shariah.
I'm sure Muslims who is already in crypto market will not invest in this project because they don't consider others exchanges like Binance and Kucoin as forbidden.
One more thing , the team is real but they don't have any experience in crypto currency, when this exchange go live they will be hacked because they are not professional in this field.

Very interesting point of view!
I certainly do not not understand what is in the Sharia, but your comment to me caused a lot of questions:
1) Tell me, team really does not know how to manage cryptocurrency and they are scammers?
2) is there No such thing as brotherhood. The Islamic stock exchange in an Islamic society?
3) Do Muslims are to deceive and to launder money?
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October 03, 2018, 10:40:38 PM
 #1399

They are scammers. Stay away from them.
Where did you get this information? Please tell us. Why do you think they can deceive me?
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October 03, 2018, 10:59:12 PM
 #1400

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?
 Roll Eyes

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? Roll Eyes

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)


Your email is all in the affirmative. I should study this project better. That's just I don't understand why you say that the site is on WordPress. Is that bad? And I don't understand anything about the Shariah and the Caliph. What's it?

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