Tag: Islam

The so-called “first ethics digital money” Islamic Coin, built in the HAQQ ecosystem, has signed a partnership with The Federation of Muslim Associations of Brazil (Fambras). The alliance is focused on creating an efficient payment system and a sustainable entrepreneurship environment. With the Fambras-HAQQ partnership, the alliance will focus on creating a sustainable entrepreneurship environment…

Bitcoin and other crypto assets have Islamic scholars racking their brains as they attempt to discern how this new technology fits into Islamic finance, a concept that already dates back 1,400 years – studies Alex Lielacher on CryptoNews. Read on to discover the opinions of various Islamic scholars and an answer to the question: Is…

Sulaiman Abdul-Karim Mohammed Al-Fahim, a well-known Emirati TV personality and a successful real estate businessman in the UAE, is set to launch Sustain.Exchange – a Shariah-compliant Islamic crypto ecosystem. As UAE ranks among nations that rapidly adopt digital technologies and invest their time and money, it has become possible due to some visionary people like…

Islamic Coin (ISLM) claims to be the first Shariah-compliant digital currency. The Dubai-based coin has recently got itself a Fatwa from Muslim authorities and is preparing to launch a private sale soon. As Be[In]Crypto reported, Shariah compliance has been a recurring issue in crypto. Islamic Coin claims to be a world-first by sticking to the…

Fasset, a crypto-asset gateway oriented to the Islamic world, is planning a major expansion, seeking to boost the adoption of cryptocurrencies in Indonesia and Pakistan, where it is still viewed with suspicion. The firm closed a $22 million Series A funding round led by Liberty City Ventures and Fatima Gobi Ventures, as well as regional…

Trading of cryptocurrencies like Bitcoin has been declared forbidden for Muslims by the national council of Islamic scholars in Indonesia, as the popularity of digital currencies grows in the world’s largest Muslim-majority country. How Indonesian Muslim crypto enthusiasts find a way around Islamic fatwa, Erwin Renaldi and Hellena Souisa said on ABC News. Key points:…