According to Trade Arabia on August 19th, Adab Solutions, based in the United Arab Emirates, recently created the first Islamic Encryption Exchange (FICE), which is in compliance with Islamic rules.
Maybe you mean First Islamic cryptocurrency exchange.
Yes, I've read an article about that. They will only include projects that are considered halal (based on their monitoring results). Projects that are considered immoral such as gambling, pyramid schemes, usury, etc. will not enter their list. And also, ICO projects wouldn't be on their list.