ADAB Solutions will create the world's first Islamic crypto exchange
Islam is a unique religion, especially because financial relations in the Shari'ah are strictly regulated and have a number of serious requirements and restrictions.
Islamic finance is alternatively called ethical finance, and this is an absolutely fair name. According to the Shari'ah law, a Muslim should not give money for growth (earn interest), invest in prohibited activities (gambling, production of prohibited products), participate in transactions with excessive uncertainty.
Muslims adhere to these requirements; therefore, they fear such unverified investment methods as cryptothermia. Many cryptothermia clearly have characteristics that are forbidden to Muslims. Therefore, in order not to violate the requirements of Sharia, Muslims avoid investing in these assets.
There are at least 50 million users of cryptocurrency in the world, and among them only a small part is represented by 1.8 billion Muslims living on the planet.
Islamic finance is, in essence, a partnership between a client and a financial institution that promotes honest, transparent and reliable business relationships based on culture, ethics and the principles of Islam.
The blockchain technology is also based on ensuring honesty and transparency - a very necessary function for the modern world, but unfortunately, the rapid development of the industry led to a paradox - the cryptocurrency market attracted a huge number of scammers and, instead of purity and transparency, market participants got deception and a shadow market.
Of course, on the other hand, talented and decent people received incredible opportunities to translate their ideas, and their efforts inspire further development of the market. This development was determined not only by regulation, accumulation of experience and the beginning of mass commercial use of the developed technologies, but also by the establishment of high moral and ethical standards for doing business in this industry.
People need to believe that cryptoterms are fair, reliable, and secure.
And in this we see an excellent opportunity for the market to use the simple and obvious principles of honesty of Islam.
Now there are no companies offering integrated solutions for Islamic crypto investments. We intend to solve this problem.
Our clients and investors using our services will be confident that their actions fully comply with the principles of Islam, which is confirmed not only by the opinion of our Advisory Board, but also by the opinions of other experts and the general opinion of the community.
Our idea is not only to create a company; This is an attempt to set new ethical standards for business management in the industry.
Adab - the behavior prescribed by the norms of Shari'a, including good manners, standards of decency, politeness and humanity.
"Monotheism calls for faith." Faith calls for the observance of canons. Canons oblige a person to be brought up. He who has no courtesy is far from canons, faith and monotheism. "
"Courtesy is strict adherence to what adorns affairs and activities."
Our company name ADAB Solutions is a big responsibility. Adab is a way of life in Islam, which we consider not only natural in everyday life, but also an obligatory basis for business relations.
We will create the world's first cryptoexchange that will comply with Sharia law. FICE will be a universal solution for the participation of Muslims and users of Islamic finance in the cryptocurrency market. The exchange will operate in accordance with the principles of Islam, but it is absolutely open to all users, regardless of religion.
One of the most important features of our project is the management of the company in accordance with the Islamic management model, which complements the generally accepted standards of business management.
But the most important difference is that in our company, the Council on Islamic Finance (the Sharia Advisory Council) attracts one of the most important government bodies and decision-making centers.
All this will help ensure that our company will provide high-quality services and information to the Muslim community about the cryptocurrency market, fulfill an explanatory mission, and promote the involvement of the Muslim community in the cryptocurrency market.
Project links:
official website: http://adabsolutions.com/paper
: https://adabsolutions.com/pdf/WhitePaper_of_ADAB_Solutions.pdf
Facebook page: https://www.facebook.com/adabsolutions
Twitter: https: // twitter.com/AdabSolutions
Telegram channel: https://t.me/adabannouncement
Reddit: https://www.reddit.com/r/adabsolutions
official website: http://adabsolutions.com/paper
: https://adabsolutions.com/pdf/WhitePaper_of_ADAB_Solutions.pdf
Facebook page: https://www.facebook.com/adabsolutions
Twitter: https: // twitter.com/AdabSolutions
Telegram channel: https://t.me/adabannouncement
Reddit: https://www.reddit.com/r/adabsolutions
Authors: Loksyun
My Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1886140;sa=summary
My ETH: 0xd0d8c8e966efC43d681a33f2536fD44AfDf8c827
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