ISLAMIC COIN WINS THE GOLDEN EXELLENCE AWARD FOR SHARIAH COMPLIANCE.
On the 4th and 5th of February, the Blockchain Summit 2023 took place in Dubai, where a very special award was granted: The Golden Excellence Award for Shariah Compliance. The award was granted by the UAE Minister of Tolerance, His Excellency Sheikh Nahayan Mabarak Al Nahayan, to the crypto project Islamic Coin.
Islamic Coin, a crypto project in ethical finance founded by Mohammed AlKaff in 2022, is one of the most unique crypto projects that allows Muslims to safely invest their money while remaining within Islamic laws of financial operations and monetary transactions. The aim of the project is to make investments compliant with Shariah law by allowing its users to easily invest in securities, investments, and currencies in a transparent, secure and profitable way.
The core idea behind Islamic Coin is that its users are allowed to take part in global finance, yet at the same time abide by the principles of Islamic law. Islamic Coin creates and fosters an open financial system which is in compliance with the standards of Shariah compliance. This makes the system available to users from different backgrounds, be they individuals, institutions, or nations.
By awarding Islamic Coin with the Excellence in Shariah Compliance Award, the UAE Minister of Tolerance showed the great potential this crypto project has. This recognition was justly given in order to further emphasize the importance of having compliant and secure blockchain technology in the world of Islamic finance.
In today's world, where it is becoming increasingly important for investments to be made securely and responsibly, Islamic Coin is an important crypto project for Muslims who wish to have a safe and reliable platform to conduct financial transactions. Islamic Coin has already proven to be a major force in ethical finance, as its platform offers users a range of investment and security products that comply with Shariah principles.
By being granted the Golden Excellence Award for Shariah Compliance, Islamic Coin can be seen as an inspiring example for those in the Islamic finance community, demonstrating that investments made securely and responsibly are key for future economic progress. Islamic Coin is an example for us all of the importance of maintaining ethical values and principles even when using technological tools.
We here at Islamic Coin would like to thank His Excellency Sheikh Nahayan Mabarak Al Nahayan, and all of our customers, partners, and stakeholders for supporting us in this journey. We hope that this recognition can inspire the development of similar projects and open the door to new opportunities in the Islamic finance world.
This Week In Crypto: Blockchain Summit 2023 Reaches Unprecedented Scope
This past weekend marked the 5th Annual Blockchain Summit in Dubai, a two-day event filled with presentations, networking events, and debates with speakers from around the world. In a special edition of ‘This Week in Crypto’, we look back on some of the highlights of the summit and explore the groundbreaking conversations that occurred over the course of the event.
On the first night, guests were welcomed by a stunning beach party in which multiple award-winning DJs performed to get the Summit started. This allowed guests the opportunity to socialize with many prominent figures in the blockchain and cryptocurrency world. Among these were Tim Draper, founder, investor, and venture capitalist; Francois Rubota Masumbuko, minister of rural development of Congo; and Davinci Jeremie, crypto educator and influencer.
The next two days featured panels and presentations, allowing attendees to learn more about the development of blockchain and its intersection with other areas such as the gaming industry and Islamic finance. An especially interesting talk occurred when Mohammed AlKaff, co-founder of Islamic Coin, presented about Islamic finance virtues and his vision for how Islamic Coin can provide a practical solution for Islamic finance.
This Summit proved to be the biggest blockchain event to date. It featured more than 50 speakers from around the globe who offered insights and experiences on blockchain-related topics, from NFT and metaverse applications to crypto’s role in Islamic finance. As cryptocurrency continues to rise in the public discourse, such gatherings help keep the industry current with changing trends and remain key to the growth of blockchain as a whole.
For those unable to attend the Summit, most of the content is still available to stream. We look forward to hearing what our readers think of the blockchain topics discussed during this groundbreaking Summit.
REVOLUTIOMARY ISLAMIC COIN IS TRANSFORMING THE FINANCIAL SYSTEM OF THE MUSLIM COMMUNITY
With its numerous ground-breaking features and noble objectives, the innovative Islamic Coin (ISLM) is changing the game of Islamic finance as we know it. This Shariah-compliant financial system is the product of years of hard work by Haqq, a revolutionary community-driven blockchain technology that facilitates ethical financial operations with total security and transparency.
Just a few months ago, Islamic Coin received accolades at the Middle East Blockchain Awards in the Most Promising ESG Crypto category. This well-deserved award speaks volumes about Islamic Coin’s mission, that is to provide Muslims across the world a digital financial tool to do seamless and Shariah-compliant transactions.
In June 2022, Islamic Coin got an additional stamp of approval from Islamic scholars in the form of a Fatwa issued by leading religious authorities. Following that, the digital currency recorded another significant achievement in August 2022 with a massive $200 million private sale. Moreover, the success of Islamic Coin has even got the backing of His Excellency Sheikh Khalifa Bin Mohammed bin Khalid AL Nahyan from the UAE royal family.
But, what makes Islamic Coin stand out from the crowd? To begin with, its protocol offers an easy-to-understand, real-time transactions tracking that adheres to Shariah regulations, which makes it an attractive proposition for investors and everyday users alike. Additionally, the built-in asset wallet in the ecosystem offers utmost safety to users by providing advanced measures of encryption to keep funds secure and at the same time, completely transparent.
The sophisticated transaction processing system of Islamic Coin facilitates instantaneous and accurate accounting operations in line with the rigorous Islamic banking protocols. And, the authentication of transaction within a few seconds minimizes the cost of trading while removing manual interference. Plus, the use of advanced technology provides absolute certainty that the trading conducted on Islamic Coin platform is transparent, secure and trustful.
Moreover, as a means to foster and accelerate charitable contributions, Islamic Coin’s framework allows non-profits and social impact projects to launch and sustain donation campaigns by providing options for Islamic Coin’s philanthropic-friendly coin. Islamic Coin’s mission-driven efforts, beyond financial transactions, further puts it at the center of global finance systems, leaving a positive impact on global economy.
It is undoubtedly fair to say that Islamic Coin is truly revolutionizing the digital banking sector for Muslim investors and bringing significant changes to the Islamic financial industry, especially for those of the younger generations. And with continued effort and innovative approach, Islamic Coin promises to revolutionize Islamic finance industry.
SUMMARY…
Investing in coins from Islamic countries has been gaining attention in recent years as more and more people become aware of the economic and environmental benefits that responsible investing brings. Islamic Coin is the latest product from the leading responsible investing firm, which focuses exclusively on coins from countries following Islamic law and tradition.
These coins have been vetted to ensure compliance with Islamic law, as well as adhering to certain environmental standards, such as utilizing sustainable practices and not relying on non-renewable sources. By investing in Islamic coins, not only do you support Islamic countries’ development, but you also make sure your money is being used responsibly and for the betterment of the planet.
Islamic Coin is the only responsible investing product on the market today to offer investors the chance to directly support economic development and sustainability projects in Islamic countries. Plus, it can help diversify your portfolio, provide higher returns than other traditional investment products, and make sure you're investing ethically.
Start investing in Islamic Coin today to make sure your money is doing good and you're supporting responsible investment and sustainable growth. Invest with a purpose - invest with Islamic Coin.
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