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

[1ceStorm]

Of course, preparing ICO takes much time and many resources, so no doubt that developments will go to their goal because if the project succeeds both devs and investors can earn good money.

Personally, I am only interested in the return on investment, I do not care how the project will work, what it will have advantages, it is important for me that the token would grow in price, the project administration can give me such guarantees?

[1715623371]

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[1715623371]

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[Bigjackpot]

As far as I know in Kazakhstan 70% of population is muslims, so they now about islamic banking as well and they keep shariah rules I guess.

How important is the country of origin of the project? I mean the success of the project in the ICO stage and in the future. Perhaps many projects are registered in countries where the laws of the country allow it.

Here everything is done so that the Muslim people themselves are for the project to develop and even then all the other countries

In fact, this project is not unambiguous for me, but still it is worth paying attention to it.

[JollyGood]

Hello, I just confused about the Terms and Conditions of the ICO in Whitepaper and your website. On your website, The amount of charges on closed and preliminary sale are 5 610 000 $ and the Volumes of fees at the crowdsale is 13 090 000 $. But in the WP it is 5,187,000$ and 12,103,000$ respectively. So what one is correct? Thanks!

The Adam Haraam exchange "team" have no idea what they are doing. These opportunistic scammers are not to be trusted because this is not a Shariah or Halal exchange. Do not bother sending your money to these fools.

The multiple aliases users here are part of the "scammer bots", "give-me-bounty-for-each-incoherent-post-I-make-to-pump-this-thread", "freebie token seeking vagabonds" and "airdrop beggars" that keep pumping up the thread to drown out voices that disagree and expose the Adab Haraam exchange.

[TimurBit]

Sometimes ICO-projects are registered in countries where it is possible to do the laws of the country. And the team can be from different countries. Anyway, the team follows its plans.

Even a team of different countries must accept the rules of the country in which the project is being developed, and this will be correct.

Without a doubt, the platform should have everything at the highest level on the part of the legal part, otherwise sooner or later the platform will be closed.

[JollyGood]

The importance of Sharia certification or approval can't be denied that's why Stellar's management felt need of acquiring such certification. You are going to run exchange services which is that part of the world can open way for mass adoption and usage of cryptocurrencies. I am interested in such projects to know more about.

Hello,sir. Thanks for your interest to our project. We really appreciate that. We believe that our moral and socially acceptable behavior, ethical ways of doing business, giving back to the community, arranging charity works, providing the transparency of financial actions, excluding all the possibilities of manipulatitive actions- all followed by the principles of Sharia Law. Also, many questions were asked, regarding the inclusivity of the project, whether it is for everyone or for Muslim people only. We are always trying to highlight the fact that our project is not based on religious beliefs, it's following the common principles of Sharia Law, including all the above stated principles. It is considered as a successful business model, that we would like to adopt. And the project is for eveyone, regardless of race and beliefs. We are running the business, but doing it ethically and morally. It's more of an opportunity to the Muslim communities to participate in crypto economics, not worrying about the ethical or moral principles of crypto exchange. 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.
During the market research phase, we've came accross some common problems, industry is facing right now. Firstly, there is a lack of involvement from Muslim communities into the cryptocurrency market. Muslim community totally of 1.8 billion people all over the world needs a cryptoplatform functioning in accordance with the principles of Sharia Laws. 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 the interested people. Secondly, there is a lack of trust to key instruments of cryptomarket, and the absence of new investors and markets. Dynamic crypto market development depends on the continious engagement of new participants and sectors of economy. ADAB Solutions project may perform as a mediator between the crypto market and Muslim communities.
We have a road map and white paper for our project available on our website https://adabsolutions.com/. You can get more acquainted with the project. We are arranging ICO on 3 stages. Closed pre-sale(15.08.2018-05.09.2018), Public pre-sale(06.09.2018-29.09.2018) and Crowsale(30.09.2018-15.11.2018).  

 

Pathetic scammers....

Adab Haraam scammers exchange are willing to accept money from illegal and immoral sources including from pimps and prostitutes as well a drug dealers and alcohol manufacturers and they claim to have morals.

Shame on these Adab Haraam exchange scammers for lying. This is not Shariah compliant or Halal, it is the opposite.

Nothing Shariah or Halal about these scammers. They Kazakh team trio-leaders have not even announced which religion and which denomination if any they follow. Shameful.

Timur Turzhan - CEO, Founder

Rustam Turzhan - COO, co-founder

Maxat Salpyn - Deputy CEO of Islamic Finance

You three are from Kazakhstan so are you all Muslim?

It is important to ask this question because you are main protagonists behind this scam called Adab Haraam exchange.

Which sect or interpretation of Shariah or Islam do you claim follow?

If you are Muslims are you Sunni?

If you are Muslims clarify are you Hanafi?

If you are Muslims clarify are you non-denominational Muslims?

We await your answers to find out how much you follow Shariah

[BrieMiller]

It is necessary to diversify risk and for this you should not invest all the money in one project.

Any experienced investor should decide how to distribute his money, if he is confident in the success of the project, then why not take a risk?

[JollyGood]

Adab Haraam exchange = scam

The Kazakhstan trio behind this scam have not declared if they are Muslim and if so of which denomination so this cannot be Shariah compliant or Halal

Just think about it  for a moment. 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".

This project will not be successful long term because the team behind it are inexperienced and out of their depth otherwise they would never have lied about it being Shariah compliant.

Timur Turzhan - CEO, Founder

Rustam Turzhan - COO, co-founder

Maxat Salpyn - Deputy CEO of Islamic Finance

You three are from Kazakhstan so are you all Muslim?

It is important to ask this question because you are main protagonists behind this scam called Adab Haraam exchange.

Which sect or interpretation of Shariah or Islam do you claim follow?

If you are Muslims are you Sunni?

If you are Muslims clarify are you Hanafi?

If you are Muslims clarify are you non-denominational Muslims?

We await your answers to find out how much you follow Shariah

Wiki (https://en.wikipedia.org/wiki/Kazakhstan#Religion):
"Some figures show that non-denominational Muslims form the majority, while others indicate that most Muslims in the country are Sunnis following the Hanafi school."

Why do you think you can accept investment from the following and it can still be Shariah? :

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
those that own breweries and manufacture alcohol

This is a scam ICO and scam project. Any and all projects cannot be Halal or Shariah compliant if they are willing to take ICO funding from the above list and more.

The multiple aliases users here are part of the "scammer bots", "give-me-bounty-for-each-incoherent-post-I-make-to-pump-this-thread", "freebie token seeking vagabonds" and "airdrop beggars" that keep pumping up the thread to drown out voices that disagree and expose the Adab Haraam exchange in the hope to scavenge for the alleged 8% tokens the Adab Haraam exchange scammers claim they will distribute.

I have these beggars on IGNORE because it makes this thread so much easy to navigate while they talking to each other trying to impress their masters by flooding this thread in the hope of getting extra tokens in the way an owner throws a bone at his dog and says "Fetch"



I have dedicated the Scam Alert signature just for you and your beloved Adab Haraam exchange. I hope you like it. Thank you.

I will try be back at least once to make sure I post on every new page to re-iterate the message this "project" is a scam..

[M1ster.tw1ster]

Sometimes ICO-projects are registered in countries where it is possible to do the laws of the country. And the team can be from different countries. Anyway, the team follows its plans.

Even a team of different countries must accept the rules of the country in which the project is being developed, and this will be correct.

Without a doubt, the platform should have everything at the highest level on the part of the legal part, otherwise sooner or later the platform will be closed.

The team should have everything legally, so that later there will be no problems, if the project is closed, all efforts were in vain

[zorgo]

Whether or not to invest in an ADAB project is up to each investor to decide for themselves. I have long joined the investors, so far I do not regret it.

[JollyGood]

The multiple aliases users here are part of the alliance that keep pumping up the thread to drown out voices that disagree and expose the Adab Haraam exchange in the hope to scavenge for the alleged 8% tokens the Adab Haraam exchange scammers claim they will distribute. These fake multiple aliases users include:

"scammer bots"

"give-me-bounty-for-each-incoherent-post-I-make-to-pump-this-thread"

"freebie token seeking vagabonds"

"airdrop beggars"

I have these beggars on IGNORE because it makes this thread so much easy to navigate while they talking to each other trying to impress their masters by flooding this thread in the hope of getting extra tokens in the way an owner throws a bone at his dog and says "Fetch"

 

[tw1sterQQ]

Whether or not to invest in an ADAB project is up to each investor to decide for themselves. I have long joined the investors, so far I do not regret it.

The project will then thank its investors with good interests in the future, the token will be on the stock exchange

[m1xmee]

Whether or not to invest in an ADAB project is up to each investor to decide for themselves. I have long joined the investors, so far I do not regret it.

Everyone decides for himself whether he will invest in the project or just watch, nobody forces anyone to invest

[JollyGood]

Hello. I would like to know what are the unique norms of sharia?

Islamic Finance refers to the provision of financial services in accordance with Sharia norms, principles and rules. Sharia does not permit receipt and payment of "riba" (interest), "gharar" (excessive uncertainty), "maysir" (gambling), short sales or financing activities that it considers harmful to society. Instead, the parties must share the risks and rewards of a business transaction and the transaction should have a real economic purpose without undue speculation, and not involve any exploitation of either party.

To know more about Sharia norms find below some links may help you internalize the Principles of Shariah norms:
 
https://en.wikipedia.org/wiki/Islamic_economics
http://www.islamicinsights.com/religion/an-introduction-to-islam-and-economics.html
http://www.imf.org/external/themes/islamicfinance/
https://blogs.imf.org/tag/islamic-finance/
https://blogs.imf.org/2017/02/21/islamic-banking-proposals-get-imf-approval/
  

really , i haven't understood how FICE would involve or practice  these norms of Shareaa (except by  prohibiting  some coins to be listed on it )..any moslem can do that on the other  crypto exchanges , i mean what the other procedures of FICE TO implement the Islamic finance method ??    

Thank you four post. Of course the Adab Haraam exchange representatives would refuse to answer but the scammer bots", "give-me-bounty-for-each-incoherent-post-I-make-to-pump-this-thread", "freebie token seeking vagabonds" and "airdrop beggars" that keep pumping up the thread to drown out voices that disagree, question or expose the Adab Haraam exchange.

Adab Haraam exchange are headed by a trio of Kazakh that have created this scam. This is not Halal or Shariah compliant.

The Adab Haraam exchange scammers are aided and abetted by the multiple aliases users here that are part of the alliance that keep pumping up the thread to drown out voices that disagree and expose the Adab Haraam exchange in the hope to scavenge for the alleged 8% tokens the Adab Haraam exchange scammers claim they will distribute.

These fake multiple aliases users include:

"scammer bots"

"give-me-bounty-for-each-incoherent-post-I-make-to-pump-this-thread"

"freebie token seeking vagabonds"

"airdrop beggars"

@Maxat Salpyn - Deputy CEO of Islamic Finance


Which qualities, qualifications and experience do you possess that makes you uniquely qualified for the title you have undertaken: Deputy CEO of Islamic Finance

[JohnMeltzer]

Whether or not to invest in an ADAB project is up to each investor to decide for themselves. I have long joined the investors, so far I do not regret it.

Everyone decides for himself whether he will invest in the project or just watch, nobody forces anyone to invest

Everyone should understand that the riskier the investment, the potentially more profit they can bring, this is an unspoken rule of all investors.

[JollyGood]

The users here are part of the "scammer bots", "give-me-bounty-for-each-incoherent-post-I-make-to-pump-this-thread", "freebie token seeking vagabonds" and "airdrop beggars" that keep pumping up the thread to drown out voices that disagree and expose the Adab Haraam exchange.

I have these beggars on IGNORE because it makes this thread so much easy to navigate while they talking to each other trying to impress their masters by flooding this thread in the hope of getting extra tokens in the way an owner throws a bone at his dog and says "Fetch"

 

Now back the issue, there is nothing Shariah or Halal about these scammers.

Timur Turzhan - CEO, Founder

Rustam Turzhan - COO, co-founder

Maxat Salpyn - Deputy CEO of Islamic Finance


The Kazakh team trio-leaders have not even announced which religion and which denomination (if any) they follow. Shameful.

[Loxness]

Where can I buy ADAB coin? The ICO process has already begun?

[JollyGood]

I am a Muslim but I do not understand why I need such a stock market. The crypto market has no business with religion.

Adab Haraam exchange = scam

The Kazakhstan trio behind this scam have not declared if they are Muslim and if so of which denomination so this cannot be Shariah compliant or Halal

Just think about it  for a moment. 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".

This project will not be successful long term because the team behind it are inexperienced and out of their depth otherwise they would never have lied about it being Shariah compliant.

They are willing to accept investment from the following and still say they are Halal and Shariah:

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
those that own breweries and manufacture alcohol

This is a scam ICO and scam project. Any and all projects cannot be Halal or Shariah compliant if they are willing to take ICO funding from the above list and more.

[FlooMeer]

Where can I buy ADAB coin? The ICO process has already begun?

I am sure that the ICO process has already started, register on the project website.

[JollyGood]

Hello Abeer Mousa - Community Development Manager. Lots of scammers are after the 8% bounty but several have multiple aliases.

The multiple aliases users here are part of the "scammer bots", "give-me-bounty-for-each-incoherent-post-I-make-to-pump-this-thread", "freebie token seeking vagabonds" and "airdrop beggars" that keep pumping up the thread to drown out voices that disagree and expose the Adab Haraam exchange in the hope to scavenge for the alleged 8% tokens the Adab Haraam exchange scammers claim they will distribute.

I have these beggars on IGNORE because it makes this thread so much easy to navigate while they talking to each other trying to impress their masters by flooding this thread in the hope of getting extra tokens in the way an owner throws a bone at his dog and says "Fetch"

I have dedicated the Scam Alert signature just for you and your beloved Adab Haraam exchange. I hope you like it. Thank you.
 
I will try be back at least once to make sure I post on every new page to re-iterate the message this "project" is a scam

[DonProton]

Where can I buy ADAB coin? The ICO process has already begun?

Sale of tokens is already in full swing! Developers recently wrote that they have already collected a Soft caps. If you are interested in the opportunity to buy something look on the project website.