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Author Topic: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms  (Read 87022 times)
JollyGood
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October 04, 2018, 01:14:29 PM
 #1461

ADAB EXCHANGE SCAM ALERT !!  https://bitcointalk.org/index.php?topic=5043659

ADAB - Crypto Exchange, is not based on the Shariah or Islam. It is Haraam.

This is a scam project because they are selling their project and the ICO on the foundations of calling it Shariah compliant when this whole project cannot be Halal or Shariah compliant.

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bmw_e46
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October 04, 2018, 01:19:25 PM
 #1462

The project reached soft cap Wink
I did not even doubt it! I think that this ADAB project will collect a colossal amount of money for ICO.
Are there any statistics of investors, participants on ADAB? What is popular is half the success of the project.
So if I'm not mistaken, investors do not like publicity, why should they be shown to everyone
Money loves silence! Any investor will not want that someone saw his investments. But total amount at the moment, of course it would be desirable to see)
These love anonymity, why should they tell everyone that they are investing
Den1ska
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October 04, 2018, 01:25:30 PM
 #1463

I wonder where people got the information that the project is not a regular scam
evgenii17
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October 04, 2018, 01:27:27 PM
 #1464

I wonder where people got the information that the project is not a regular scam
Oh, those project haters, if you don’t like something, just don’t stop people from living here Grin Cheesy
GOSPOD1N
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October 04, 2018, 01:40:45 PM
 #1465

I hope that the funds raised will be spent on the development of the exchange and its advertising campaign. So that the crypto exchange has become famous in it you need to invest a lot of money, effort and finance. This is a multi-million dollar business.
The team must properly distribute their finances so that in the future there will be no problems
saveeege
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October 04, 2018, 02:07:46 PM
 #1466

I got acquainted with the roadmap of the project, it will be fully implemented no earlier than 2020. Usually I don’t  invest in long-term projects.

ICO that are developed for implementation in the long term are usually the most risky to invest. I think that it’s best to take a closer look and not be in a hurry.
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October 04, 2018, 02:09:46 PM
 #1467

Well, you can not blame the person that his position against the ADAB project. Perhaps he is mistaken, and perhaps right. time will put everything in its place. ICO will pass, and when the exchange starts or not, then it will be possible to say whether the scam is projecting or not.
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October 04, 2018, 02:10:33 PM
 #1468

ADAB EXCHANGE SCAM ALERT !!  https://bitcointalk.org/index.php?topic=5043659

ADAB - Crypto Exchange, is not based on the Shariah or Islam. It is Haraam.

This is a scam project because they are selling their project and the ICO on the foundations of calling it Shariah compliant when this whole project cannot be Halal or Shariah compliant.

This is not Muslim, Halal or Shariah compliant project. This is a project run by a team, some of who claim to be Muslim and some are not. The "team" are saying this is a Shariah compliant exchange without explaining which interpretation of Islam they follow.

Because they have no vetting system in place to ensure investors buy in to the ICO with Halal/permissible money, it means (by default) they are willing to take investment from the following an more:

pimps
prostitutes
porn actors
those currently behind bars in prison serving prison sentences
those that sell drugs/narcotics
those that manufacture, test and sell weapons
those that own publications online/print media cursing Muslims and those that have anti-Muslim agenda
those that own, transport or sells alcohol


Any investment from the above and more means the project cannot be "Shariah" compliant yet these clowns say they are offering a Shariah compliant exchange?

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jonnycorovsky
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October 04, 2018, 02:15:04 PM
 #1469

I got acquainted with the roadmap of the project, it will be fully implemented no earlier than 2020. Usually I don’t  invest in long-term projects.

ICO that are developed for implementation in the long term are usually the most risky to invest. I think that it’s best to take a closer look and not be in a hurry.
Certainly - it is not fast money. On the other hand if not to make investment in time, then it is possible not to be in time
Hanna_Money
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October 04, 2018, 02:17:25 PM
 #1470

Tell me what you call the ADAB project developers cheaters and fraudsters because, as you say, the money collected from this ICO is not “clean” from the point of view of the Shariah. But not all investors of this project are Islamic. And not for all this is important.
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October 04, 2018, 02:22:13 PM
 #1471

In the crypto industry, in general, often the marketing concept is the main component in the project. In the ADAB project, the marketing idea is fresh, unusual and seems very promising. Therefore, such a large number of investors attracted by this project.
JollyGood
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October 04, 2018, 02:24:50 PM
Last edit: October 04, 2018, 02:35:32 PM by JollyGood
 #1472

Tell me what you call the ADAB project developers cheaters and fraudsters because, as you say, the money collected from this ICO is not “clean” from the point of view of the Shariah. But not all investors of this project are Islamic. And not for all this is important.

Yes you are right, not all investors are Islamic and still this project can be called Shariah compliant, no problem if investors are Muslim or not.

Where there is a problem is when the funds received from the ICO are from criminal or immoral proceeds regardless of which religion the investor is, or the lack of investigating where source of the funds was from.

If the Adab exchange scammers are willing to accept investment from pimps, prostitutes, porn actors, those currently behind bars in prison serving prison sentences, those that sell drugs/narcotics, those that manufacture, test and sell weapons, those that own publications online/print media cursing Muslims and those that have anti-Muslim agenda and those that own, transport or sells alcohol as well as those that promote, participate or propagate to suppress Muslims then the exchange cannot be called "Shariah" exchange.

So this project should continue, I could not care about them but still I would wish them success but the scammers should remove the word "Shariah" exchange from their title as it is misleading.

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October 04, 2018, 02:26:59 PM
 #1473

I do not know how to comply with the norms of Sharia. I honestly say I do not understand the intricacies of religion Islam. But I invest in projects of crypto exchanges. And even if ADAB doesn’t quite correspond to what was planned, then this is of course very sad ... but the main thing is to have a finished work product - a crypto exchange!
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October 04, 2018, 02:28:58 PM
 #1474

I do not know how to comply with the norms of Sharia. I honestly say I do not understand the intricacies of religion Islam. But I invest in projects of crypto exchanges. And even if ADAB doesn’t quite correspond to what was planned, then this is of course very sad ... but the main thing is to have a finished work product - a crypto exchange!

Yes you are right, from a business investment you can make up your mind.

On a moral level, their using the word "Shariah" to fool Muslim investors in to participating in the ICO makes them petty criminals and thieves

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Crypton2018
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October 04, 2018, 02:32:53 PM
 #1475

I do not know how to comply with the norms of Sharia. I honestly say I do not understand the intricacies of religion Islam. But I invest in projects of crypto exchanges. And even if ADAB doesn’t quite correspond to what was planned, then this is of course very sad ... but the main thing is to have a finished work product - a crypto exchange!

Yes you are right, from a business investment you can make up your mind.

On a moral level, their using the word "Shariah" to fool Muslim investors in to participating in the ICO makes them petty criminals and thieves
I think that you need in a relaxed atmosphere (without emotions and insults) to communicate with the project team and find out all the nuances. I do not delve into the subtleties and nuances of religious issues. I am not qualified in this field. But I always advocate a constructive dialogue and a calm solution to all issues. Maybe they are right and will convince you of the opposite?
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October 04, 2018, 02:33:26 PM
 #1476

I do not know how to comply with the norms of Sharia. I honestly say I do not understand the intricacies of religion Islam. But I invest in projects of crypto exchanges. And even if ADAB doesn’t quite correspond to what was planned, then this is of course very sad ... but the main thing is to have a finished work product - a crypto exchange!

Yes you are right, from a business investment you can make up your mind.

On a moral level, their using the word "Shariah" to fool Muslim investors in to participating in the ICO makes them petty criminals and thieves
How you represent "check of money for purity"? The police, but not organizers of ICO has to be engaged in all above-mentioned categories of the people gaining illegal income
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October 04, 2018, 02:38:01 PM
 #1477

I wonder where people got the information that the project is not a regular scam

We are very interested in how people can argue that this project is a scam if there is still so much time before launching the exchange..
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October 04, 2018, 02:39:49 PM
 #1478

I wonder where people got the information that the project is not a regular scam

We are very interested in how people can argue that this project is a scam if there is still so much time before launching the exchange..

Well, if the operators of an ICO take your money by promising you something that is not true, then it makes them a scam. Simple.

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October 04, 2018, 02:45:45 PM
 #1479

Yes I that too not absolutely understood... All charges about a skama are based that "dirty money" can get to investments...
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October 04, 2018, 02:50:50 PM
Last edit: October 04, 2018, 03:07:51 PM by JollyGood
 #1480

How you represent "check of money for purity"? The police, but not organizers of ICO has to be engaged in all above-mentioned categories of the people gaining illegal income


Would you invest in an ICO for a Vegan cake baking company called "Vegan Cakes For All"? Sure why not if it is a good investment?

But if that "Vegan Cakes For All" company was using cows milk in all of its Sponge Cake products and using pork fat in all of its Carrot Cake products then how can that company called itself "Vegan Cakes For All"? If they want to trade then remove the word "Vegan" and call yourself "Cakes For All" because they are lying and misleading and scamming therefore are thieves.

The moment they drop the word "Vegan" they seize being lying, misleading, scammers and thieves and become a legitimate business.

If the Adab Team cannot check the "purity of the source of the money" that investors send, or if the Adab Team cannot check the "moral standing of each investor" then they can continue to create their exchange but they should remove the word "Shariah".

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