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Author Topic: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms  (Read 87013 times)
JollyGood
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October 11, 2018, 12:18:51 AM
 #1641

Adab exchange are fooling investors by lying to them.

This is not Muslim, Halah 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.

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October 11, 2018, 07:10:28 AM
 #1642

I was really impressed by this idea, it is absolutely unique and I've never seen something like that.
You should make a good promotion in islamic countries
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October 11, 2018, 07:21:48 AM
 #1643

I really like the idea of popularizing cryptocurrency in the East in Islamic countries.
By the way, have you noticed that there are very few crypto projects from Islamic countries? We can say that there are practically none. Why is that?
Probably because their religion prohibits such actions.
That's why islamic banking was created and Adab is trying to make something like that in crypto sphere.
The guys in the team are doing everything right, in our world you always have to do something new, strive for something
Yeah, I agree, they are doing right things and their actions should bring benefit to both holders and users.
I believe investors will get what they want eventually and it will be sucessful project
Freddy63
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October 11, 2018, 07:40:08 AM
 #1644

Do you have marketing plan? I know that advertisement on ethere scan can bring you investors and increase brand awareness. What about your ways to attract users?

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dommerty
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October 11, 2018, 07:58:06 AM
 #1645

hmm, this concept seems interesting for me, as far as I understood, your crypto exchange should comply with Shariah norms and now we don't have something like that.
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October 11, 2018, 08:08:36 AM
 #1646

It is very difficult to attract people who profess Islam to a business that is contrary to religion. But times change. Interest in cryptocurrencies is growing.

Sure, that why such projects as ADAB comes to this market.
TimurBit
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October 11, 2018, 08:10:49 AM
 #1647

hmm, this concept seems interesting for me, as far as I understood, your crypto exchange should comply with Shariah norms and now we don't have something like that.
Do you think this idea could really work? Where is Islam and where are cryptocurrencies? The idea is certainly good, but how to translate it into reality?
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October 11, 2018, 08:11:51 AM
 #1648

Part of the project ADAB team live in eastern countries. It is unlikely that they would risk pointing out Islam in their project and violating it. I think this is unlikely.
You're right. In the Islamic world there are very strict morals. I think that there no one will risk playing jokes with religion.
I think the team agreed and got all the approvals.
I like that the team regularly publishes news in their channels. It says that they work a lot on the result.
Without hard work, there will be nothing, we all know perfectly well that everywhere you have to sacrifice something to get the long-awaited result.

Proofs, please!
Provide me the open source smart contract! Show me all those money they received!
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October 11, 2018, 08:13:52 AM
 #1649

Please share a link to the official Facebook group of this project. I can't find that information.

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October 11, 2018, 08:17:12 AM
 #1650

I would like to know how much money will be spent on further advertising of the project? Have a marketing plan for a few years?
kkerrex
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October 11, 2018, 08:20:54 AM
 #1651

Please share a link to the official Facebook group of this project. I can't find that information.

mate, it was on a main page. https://www.facebook.com/adabsolutions
Check out their updates and so on. But for me telegram is much easier way for communication
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October 11, 2018, 08:24:17 AM
 #1652

Part of the project ADAB team live in eastern countries. It is unlikely that they would risk pointing out Islam in their project and violating it. I think this is unlikely.
You're right. In the Islamic world there are very strict morals. I think that there no one will risk playing jokes with religion.
I think the team agreed and got all the approvals.
I like that the team regularly publishes news in their channels. It says that they work a lot on the result.
Without hard work, there will be nothing, we all know perfectly well that everywhere you have to sacrifice something to get the long-awaited result.

Proofs, please!
Provide me the open source smart contract! Show me all those money they received!


Guess it is useless to reach normal investors here!
Someone is pumping this chat with JR-Member accounts.

Real people if you think that the project is legit, please check it twice! Hype will not get you to the moon but under the floor.
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October 11, 2018, 08:31:43 AM
 #1653

I am not sure, but probably they raised funds via fiat investments. In any way, now projects aren't that transparent and somehow they don't want to show smart contracts and so on.
In any case, let's wait official announcement
JuleGulie
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October 11, 2018, 08:43:43 AM
 #1654

I am not sure, but probably they raised funds via fiat investments. In any way, now projects aren't that transparent and somehow they don't want to show smart contracts and so on.
In any case, let's wait official announcement
That's right, we need to wait for the official announcement, there is simply no other way out. I hope it will happen soon.
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October 11, 2018, 08:45:41 AM
 #1655

hmm, this concept seems interesting for me, as far as I understood, your crypto exchange should comply with Shariah norms and now we don't have something like that.
Do you think this idea could really work? Where is Islam and where are cryptocurrencies? The idea is certainly good, but how to translate it into reality?

Probably you don't know what Shariah means. Read about their traditions and islamic banking. Actually it is based on the principles of Islamic law and it occurs in traditional banking. As for crypto currencies I've never seen something same, but probably because of that Islamic countries are restricted from crypto
GyramCripto
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October 11, 2018, 08:46:57 AM
 #1656

When is the official start of the beta or alpha version of the platform? Any exact dates?
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October 11, 2018, 08:50:47 AM
 #1657

hmm, this concept seems interesting for me, as far as I understood, your crypto exchange should comply with Shariah norms and now we don't have something like that.
Do you think this idea could really work? Where is Islam and where are cryptocurrencies? The idea is certainly good, but how to translate it into reality?

Probably you don't know what Shariah means. Read about their traditions and islamic banking. Actually it is based on the principles of Islamic law and it occurs in traditional banking. As for crypto currencies I've never seen something same, but probably because of that Islamic countries are restricted from crypto
In the Islamic world there are strict requirements regarding the origin of money. Therefore, it is very difficult to advance cryptocurrency. But still slowly evolving.
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October 11, 2018, 09:00:10 AM
 #1658

I also want to know about alpha version. Is it supposed to be soon? I want to see in what I actually invest prior to make investment decision. You have to show MVP

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October 11, 2018, 09:09:22 AM
 #1659

Not many projects can now reach soft cap. If the project did it, then the project has certain prospects. The mention of Islam in the name of the project should not mean that only people of the Islamic faith can participate in this project.

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October 11, 2018, 09:19:44 AM
 #1660

I have seen on their website on video from some event from UAE where they presented their business as they mentioned here. They should not let the situation keep going on like this and should clear all doubts in minds of some people. I personally think they will not take risk to fraud people using name of UAE as their laws are very strict. An official statement to clear the concerns is what we need mostly.
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