LIDA
2 min readFeb 7, 2023

Islamic Coin 🪙

Islamic Coin is the native currency of Haqq, a community-run network that aims to enable a Shariah-compliant financial environment that puts ethics first. The overall quantity of Islamic Coin is limited, and 10% of each issuance is automatically set aside for charitable causes.

Islamic Coin is a community-focused cryptocurrency asset. It is utilized on the Haqq blockchain as a native coin. 10% of the issued amount of each new Islamic coin is placed into a unique account. Evergreen DAO for additional funding of initiatives benefiting the Muslim community or provided to Islamic charity. This is the first time a coin that directly benefits a community’s economy has been introduced.

Blockchain Haqq
The Haqq blockchain, which stands for "truth" in Arabic, is a Proof of Stake blockchain network that is compatible with the current ecosystem of Blockchain tools and developer instruments (primarily Ethereum and Cosmos) and that satisfies the fast-finality and high transaction throughput demands of contemporary industries. The goal of Haqq is to serve the global Muslim community by offering a technology and financial instrument that enables independent financial engagement and fosters generosity.

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www.islamiccoin.net