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

[JollyGood]

How many days before these Adab Haraam exchange scammers come clean that they are not complying with Shariah?

To be following Shariah you have to be following a denomination but this trio from Kazakhstan but now living in Uzbekistan are non-denominational Muslims so how can they preach Shariah to others and how they can they follow Shariah themselves let alone make a Shariah compliant project?

[paxswerr]

We have to get back to background of founders. probably they know how to launch exchange and have different partners in UAE supporting idea. So what is the reason to blame them?
FINMA will decide whether it is legit or not.

This point of view is quite normal. Indeed, the legality ADAB actions can be assessed only by the organization that has the right to do so.

[JollyGood]

Adab Haraam exchange = scam

The Kazakhstan / Uzbekistan Trio Behind This Team!!

Thanks to new information from a user who posted here we now know they are a trio of inexperienced team members from Kazakhstan but live in Uzbekistan:
https://bitcointalk.org/index.php?topic=4720775.msg47080841#msg47080841

This scam trio can you explain what is "Shariah?"

[bmw_e46]

We have to get back to background of founders. probably they know how to launch exchange and have different partners in UAE supporting idea. So what is the reason to blame them?
FINMA will decide whether it is legit or not.

This point of view is quite normal. Indeed, the legality ADAB actions can be assessed only by the organization that has the right to do so.

Yes, I agree, here we can only judge from the outside, but in the future those people will be decided who will come up with the rules

[ufolly]

Most forumers agree that the activities of the project is quite legal at least in technical terms and in terms of how conducts the ICO-campaign. And compliance with Shariah norms is a topic for a separate discussion.

[Power22]

We have to get back to background of founders. probably they know how to launch exchange and have different partners in UAE supporting idea. So what is the reason to blame them?
FINMA will decide whether it is legit or not.

This point of view is quite normal. Indeed, the legality ADAB actions can be assessed only by the organization that has the right to do so.

Yes, I agree, here we can only judge from the outside, but in the future those people will be decided who will come up with the rules

It is impossible to judge, everything is done for the benefit of the project, the guys are trying to make an excellent exchanger for Muslims, but much depends on how they present the project in these countries

[JollyGood]

Hello Abeer Mousa you are community development manager but you do not answer any questions that people ask here.

What are your views on the post made by another user: https://bitcointalk.org/index.php?topic=4720775.msg47080841#msg47080841

Wiki has important information about Kazakhstan and Uzbekistan. Most important is that the majority are non-denominational Muslims so that means by default they cannot follow Shariah.
https://en.wikipedia.org/wiki/Uzbekistan#Religion

wiki: "Despite its predominance, the practice of Islam is far from monolithic. Many versions of the faith have been practised in Uzbekistan. The conflict of Islamic tradition with various agendas of reform or secularization throughout the 20th century has left a wide variety of Islamic practices in Central Asia. 54% of Muslims are non-denominational Muslims, 18% are Sunnis and 1% are Shias"

What are your views about this Abeer?

[Power22]

We have to get back to background of founders. probably they know how to launch exchange and have different partners in UAE supporting idea. So what is the reason to blame them?
FINMA will decide whether it is legit or not.

This point of view is quite normal. Indeed, the legality ADAB actions can be assessed only by the organization that has the right to do so.

the project doesn’t do anything criminal, they are doing everything better for their project and the Muslim people

[JollyGood]

When can we have some more information about what you mean by the word Shariah and why the team members who are non-denominational Muslims and not following Shariah, think they are capable of preaching the virtues of Sharia to everybody else

[M1ster.tw1ster]

We have to get back to background of founders. probably they know how to launch exchange and have different partners in UAE supporting idea. So what is the reason to blame them?
FINMA will decide whether it is legit or not.

This point of view is quite normal. Indeed, the legality ADAB actions can be assessed only by the organization that has the right to do so.

the project doesn’t do anything criminal, they are doing everything better for their project and the Muslim people

there will always be people who will be for and against the project, but most support the team

[JollyGood]

@Maxat Salpyn

Any news from the event?

During the event did you explain to potential interests that you are not following Shariah yourself because you and your Uzbekistan based Kazakhstan citizen team members are non-denominational Muslims therefore the project cannot be Shariah compliant?

[spawn4ever]

I think soon we will be shown in the video how it will work, let's call it a presentation

come on, i dont wanna watch video, i wanna see some working product where i can click everything

[JollyGood]

@Rustam Turzhan COO & Founder from Kazakhstan but living in Uzbekistan

What qualifications do you have to define what Shariah compliant is ?

Wiki has important information about Kazakhstan and Uzbekistan. Most important is that the majority are non-denominational Muslims so that means by default they cannot follow Shariah.
https://en.wikipedia.org/wiki/Uzbekistan#Religion

Rustam you did not reply to any of my previous questions. I hope you reply to this one.

[kmntrci]

So much info and still no answers... Probably thay are preparing announcement or just don't care about inconvenient questions. I don't know what is better

It seems to me that some  information is being prepared now and we will soon find out the details of the questions we are so interested in..

[pogi23]

so, im wanna see something work product like it was with switcheo. You have to start some exchange in testnet and show everithing

many investors are nervous about this project because there is no finished product yet, but in fact it will not be created soon

[fgp5]

Now there are a lot of scam projects, I agree, but in this project the team provides us with screenshots at various conferences, how they promote their project and strive to make it better.

They regularly publish news in the medium. I do not think this is a lie.

[gennadyg]

Now there are a lot of scam projects, I agree, but in this project the team provides us with screenshots at various conferences, how they promote their project and strive to make it better.

They regularly publish news in the medium. I do not think this is a lie.

The project has good marketing and development.The team is active and is in dialogue with the community.

[SergeyZ]

te]You can find the MVP link on the site, but this is not the most important. I'm waiting for the smart contract to be launched.
MVP is decorated beautifully, but a lot of things need some work.

Of course. This is just a prototype, and a non-working product.

[Bigjackpot]

I don't know why this guy has put all members in ignore list,but he tries to be smart although he is just bitching around because he is a former employee, I received this information in telegram adab channel

At first I believed him, I searched for information and asked. But then I saw how many messages this person wrote and understood that there is some problem between him and ADAB.

[kmntrci]

I don't know why this guy has put all members in ignore list,but he tries to be smart although he is just bitching around because he is a former employee, I received this information in telegram adab channel

At first I believed him, I searched for information and asked. But then I saw how many messages this person wrote and understood that there is some problem between him and ADAB.

Honestly, I thought that this is a personal revenge of a former fellow member or several. But I think that this does not prevent the project to develop properly.