Islamic law, or Shariah law, is a religious law forming part of the Islamic tradition. It guides and dictates many aspects in the lives of Muslims throughout the world, including financial interactions.
IslamicCoin is a native currency of Haqq, a community-run network, dedicated to empowering an ethics-first Shariah-compliant financial ecosystem. Islamic Coin has a finite total supply and 10% of each issuance is automatically dedicate for philanthropic purposes.
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In June 2022, the currency gained a Fatwa issued by the world’s leading Muslim authorities. In August, IslamicCoin raised $200m during a private sale. IslamicCoin Claims it Will Scale Like Bitcoin and Hit $1 Trillion in Value. That’s based on an adoption rate of between 3% to 4% of the existing 1 billion Muslim internet users.
“We know that the adoption will happen gradually,” Mohammed Alkaff Alhashmi, co-founder of IslamicCoin, told BeInCrypto.
“However, if only 3-4% of the Muslim online community will hold Islamic Coin, it will become a bitcoin-scale crypto asset. It will generate a trillion dollars for its holders, and $100 billion for the Evergreen DAO,” he added.
“Islam is the world’s second-largest religion with almost 2 billion followers: that’s roughly a quarter of the world’s population,” Alhashmi, a computer science engineer, told BeInCrypto.
How to Buy ISLAMIC COIN?
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