ADAB Solutions - develops FICE - First Islamic Crypto Exchange, based on Sharia norms. The daily trading volume projected on the First Islamic Crypto Exchange is $ 140 million and monthly turnover of $ 4.2 billion during the first year and a half of the stock operation. As a result, the implementation of the ADAB Solution project will create a global infrastructure, which operates on the principles of Islamic finance, and the society that governs the development of Islamic crypto-economy. ADAB Solutions will solve the problem of halal cryptocurrency transactions, providing access to the cryptocurrency market for Muslims, which accounts for 22% of the world's population and manages Islamic financial assets with a projected volume of USD 3.8 trillion.
Halal or not halal
The speculative nature of cryptocurrency has sparked debate among Islamic scholars about whether cryptocurrency is religiously permissible. The Cryptocurrency Company seeks to influence the debate by launching instruments based on physical assets and certified as valid by Islamic advisers.
Each OneGram cryptocurrency unit is supported by at least one gram of physical gold stored in a vault. The idea is to limit speculation.
"Gold is one of the first forms of money in an Islamic society, so this is right," said Ibrahim Mohammed, a British citizen who founded a company with another investor last year.
"We try to prove the rules and regulations of sharia are fully compatible with digital blockchain technology."
Tens of millions of dollars have been issued so far. About 60 percent of the number of coins planned must still be sold; OneGram hopes to publish it all before listing it on the exchange around the end of May.
OneGram obtained the decision that its cryptocurrency is in accordance with Islamic principles from Al Maali Consulting based in Dubai.
This is one of dozens of advisory companies around the world offering their opinions on whether financial instruments meet Islamic legal standards.
In Malaysia, HelloGold launched an initial offer of gold cryptocurrency that was supported in October, receiving approval from Islamic scholars at Amanie Advisors based in Kuala Lumpur.
Manuel Ho, HelloGold's chief marketing officer, said that the coin is Islamic because transactions occur within a certain period of time, making it less stable and overcoming the problem of price ambiguity.
Among other experiments, the Halal Chain based in the United Arab Emirates made an initial coin offer in December related to data about Islamic permitted items.
In the context of the ADAB Solution as a crypto currency project being Halal, it is planned to implement the following steps: Project development will be based on entrepreneurial efforts from the organizers and their work. According to Islamic ethical norms, it is true that the source of wealth is the input of one's own workforce and entrepreneurial business.
First Islamic Crypto Exchange will completely exclude the possibility of speculative transactions, margin trading and operations that are not in accordance with Sharia. This will exclude Gharar and Maisir and Riba from the Exchange job.
The FICE platform is capable of handling 3 million requests per second, making FICE one of the fastest crypto exchanges. FICE users will be guaranteed that their application will never be suspended due to platform bottlenecks.
ADAB Solutions will pass the Islamic expert's assessment of compliance with Sharia norms. ADAB Solutions organizes the Sharia Advisory Board at First Islamic Crypto Exchange. ADAB Solutions was established to create a platform for halal projects, to work in full compliance with Islamic norms and Islamic finance. Our job is to help Muslims and crypto-investor communities understand what is in the cryptocurrency market that is in accordance with Sharia rules and what is not. The ADAB solution stems from the fact that this project will generally benefit the market, because halal projects in essence have usefulness and value, and their definitions will contribute to the development of useful ideas and a reduction in the number of projects on the market, which are haram in essence.
We solve the problem of the Muslim community, such as:
ADAB solutions will solve the operating problems of halal cryptocurrency
ADAB solutions will solve the risk of cryptocurrency system overload
ADAB solutions will solve the problem of developing Islamic cryptocurrency infrastructure
The absence of crypto exchange, functions in accordance with Sharia norms
Lack of an integrated position from the Muslim community regarding cryptocurrency
Muslim uncertainty about receiving work with cryptocurrency
From the existing crypto exchange turnover, zakat is not paid.
Cryptocurrency market problems:
Very low Muslim involvement in the cryptocurrency market
Lack of public trust in key crypto economic tools
Lack of new markets and investors
The importance of the Adab Solution project for the participants and its uniqueness: Project Solutions - Adab has no analogues in the world.
Today, there is not a single cryptocurrency platform or crypto exchange, which will guarantee activities based on Sharia. Adab Solutions will be the first project that will enable cryptocurrency transactions in accordance with the principles of Islamic finance and on the basis of Sharia norms.
The Adab Solution Project is aimed at a very large audience of 1.8 billion potential Muslim users from the cryptocurrency market. Project projectability. The Adab Solution Project is designed according to the highest security standards and has unique technical features from key software solutions. The Adab Solution Project forms a value system based on Sharia norms and Islamic finance principles, which will be the basis for self-regulation of the crypto currency market and will increase the level of confidence in key cryptocurrency instruments.
Full transparency of the Solusi Adab project. Project transparency and safe jurisdiction will make it possible to buy and sell cryptocurrency for fiat money. Project objectives and mission
The ADAB Solution Project is developing FICE-First Islamic Crypto Exchange, based on Sharia norms. The goal of the ADAB Solution project is the creation of crypto-exchange platforms, stock exchanges and services that comply with Sharia norms and operate on Islamic principles.
The ADAB Solutions project's mission is to create conditions and services based on high Islamic moral and cultural values and provide access to all crypto economic users.
The main task of ADAB Solutions is to create a structure that will establish new ethical standards for doing business in the industry. ADAB - standards of behavior that are determined by Sharia norms, including good behavior, standards of modesty, politeness, humanity. The name ADAB Solution is a big responsibility for project creators.
ADAB is a way of life in Islam, which the founders of the project consider not only natural in everyday life, but a foundation of a mandatory business relationship.
ICO details
Name of ADAB token
Total number of tokens - 500,000,000
The token price is 0.1 USD
Payment methods - BTC, ETH
Soft Cap - $ 2,500,000
Hard Cap -17,290,000 $
Start - 25.07.2018 years
End is at 15.11.2018
Minimum volume of sales - 1000 ADAB
Road map
Step 1
The beginning of the study of crypto currency markets in the Islamic community.
Requirements: June 2017 - September 2017.
Step 2
Establishment of goals and objectives to solve the problem of Muslim population access to the cryptocurrency market.
Requirements: September 2017 - November 2017.
Step 3
Development of exchange philosophy and mechanics, based on principles
Islamic financial model.
Requirements: December 2017 - May 2018.
Step 4
ICO to finance and promote currency exchange of Islamic cryptocurrency.
Requirements: September 2018 - November 2018.
Step 5
Development of the mechanism of the First Crypto Exchange Islamic program.
Requirements: July 2018 - September 2018.
Step 6
Registration of the First Crypto Islamic Exchange. Start working at AdabCrypto (News & Forum Portal) and Adab Charity.
Requirements: October 2018 - December 2018.
Step 7
Alfa Release from Crypto Exchange, functionality and First Islamic security check.
Requirements: December 2018 - February 2019.
Step 8
Launch a large-scale marketing campaign, to attract new users on a large scale.
Requirements: December 2018 - December 2019.
Step 9
Beta Release from the First Islamic Crypto Exchange Islamic Exchange with cross platform trading client support.
Requirements: April 2019.
Step 10
The official launch of the First Crypto Exchange Islami.
Requirements: July 2019.
Step 11
Expand functional content of the First Crypto Exchange Islam.
Requirements: June 2019 - December 2019.
Step 12
Run Adab Charity.
Requirements: August 2019.
Step 13
ormation, on the basis of the ADAB Solution platform and the First Islamic Crypto Exchange, from reliable infrastructure and developed based on the principles of Islamic finance.
For More Information Click the Bottom Link:
Website: http://adabsolutions.com/
Telegram: https://t.me/Adabsolutions
Facebook: https://www.facebook.com/adabsolutions
Twitter: https://twitter.com/AdabSolutions
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