Islamic Digital Finance is a community based Decentralized Finance system project by the people, for the people. The decisions and actions of Islamic Digital Finance are made by its members and community to assure fairness for all.

Islamic Digital Finance is based on one of the Five pillars of Islam Zakat and charity. alms-giving treated in Islam as a religious obligation.
Giving away money to the poor is said to purify yearly earnings that are over and above what is required to provide the essential needs of a person or family.

Each year, between $200 billion and $1 trillion are spent in mandatory alms and voluntary charity across the Muslim world, according to Islamic financial analysts.

Why Islamic Digital Finance?

There has been considerable controversy surrounding zakat, Charities and Donations. Islamic scholars and development workers argue that it has failed to lift people out of poverty, prompting them to suggest that the funds are being wasted and mismanaged.

Islamic Digital Finance has a solution for this problem. Any individual, company, trust, organization would be able to use this platform to raise funds for themselfs or for anyone else using decentralized finance system.

Example: One person is suffering from severe illness and is hospitalized in and does not have money. One of his friend or family posted about it on https://Islamicdigital.finance and can raise funds for his treatment within seconds.

How it Works

Any individual, company, trust, organization who needs to raise funds will be divided in 3 categories on Islamic Digital Finance website.

1: Most Urgent 2: Projects 3: Community proposed

1 : Most Urgent

In this Category Any individual, company, trust, organizations can apply to raise funds for

1: Blocking of blasphemous content from the Media and internet against the last and Final prophet Muhammad (peace be upon him) .

2: Individuals who does not have enough money and resources to feed herself/himself and his family.

3: Anyone suffering from major illness and does not have money to pay for treatment.

Requirements for applying to raise funds:

Mandatory Conditions:

Anyone needs to raise funds of 100 USD within 3 days he/she must lock 5 USD (5% of Total amount to be raised) worth of liquidity for 3 days in https://unicrypt.network which means 2.5 USD worth of IDF and 2.5 USD worth of ETH/USDT/USDC will be locked on https://unicrypt.network.

(For this case Fund raising campaign will be online for 3 days on https://Islamicdigital.finance website and on all social media channels of Islamic digital Finance handled by the team).

ETH/ BTC/ IBAN details to receive funds.

Optional Conditions:

Picture of passport/ National Identity Document.
Website/ Community Address.
Video and audio Proofs.
Any other documents you feel that helps your case to be a genuine.
The more details you provide the more easier for you to raise funds.

2: Projects:

In this Category any Individual, Company, Trust, Organizations can apply to raise funds for

1: Required or Providing free hajj/Umrah packages.
2: Required or Providing free medical treatments.
3: Providing Free food.

Requirements for applying to raise funds

Mandatory Conditions:

Anyone needs to raise funds of 10000 USD within 30 days he/she must lock 1000 USD (10% of Total amount to be raised) worth of liquidity for 30 days in https://unicrypy.network.

which means 500 USD worth of IDF and 500 USD worth of ETH/USDT/USDC will be locked on https://unicrypt.network.

(For this case fund raising campaign will be online for 30 days on https://Islamicdigital.finance website and on all social media channels
of Islamic digital Finance handled by the team).

ETH/ BTC/ IBAN details to receive Funds.

Optional Conditions:

Picture of passport/ National Identity Document.
Website/ Community Address.
Video and audio Proofs.
Any other documents you feel to help your case to be a genuine.
The more details you provide the more easier for you to raise funds.

3: Community Proposed:

In this Category Anyone can apply to raise funds

Mandatory Conditions:

Anyone needs to raise funds of 10000 USD within 30 days he/she must lock 2000 USD (20% of Total amount to be raised) worth of liquidity for 30 days in https://unicrypt.network.

which means 1000 USD worth of IDF and 1000 USD worth of ETH/USDT/USDC will be locked on https://unicrypt.network.

Tokenomics, Rewards for early Supporters and Contract details:>

(For this case Fund raising campaign will be online for 30 days on https://Islamicdigital.finance website and on all social media channels
of Islamic digital Finance handled by the team).

Total Supply 2,400,000 IDF:

1,000,000 IDF available on Islamic Digital Finance Exchange initially IDF/ETH pair available IDF/USDT and IDF/USDC pairs will be available soon:

Pool Creator Account of IDF/ETH, IDF/USDT, IDF/USDC on https://uniswap.exchange will get 1000 IDF instantly:

Liquidity provider Account of IDF/ETH, IDF/USDT, IDF/USDC using https://unicrypt.network will get amount of IDF + locked days( 100 IDF + locked for 1 year/365 days = 465 IDF): (minimum 50 IDF and 30 days Required to claim this reward).

2,00,000 IDF Will be reserved for donations Voted by the community at https://governance.islamicdigital.finance:

Remaining IDF will be Burned:

Admin keys of Ethereum Contract will be burned:

There is no IDF reserved for the team or Advisors every team member is willing to perform his/her Duties for the Project free of cost:

Conclusion

Anyone in any point of time holds 51% of IDF Total supply or any individual, company, trust, organization or NGO think that they can better handle/Serve this project We will happily transfer all the project related details including accounts, domain ( https://islamicdigital.finance) Social Media handles to their name:

Website: https://islamicdigital.finance

Islamic Digital Finance Exchange: https://app.islamicdigital.finance

Community and Governance: https://governance.islamicdigital.finance