Islamic Coin, a Shariah-compliant cryptocurrency, is scheduled to be listed on the KuCoin exchange on October 10th. The project has been actively forming partnerships and recently launched a public sale on Republic.
Participation in Prominent Events and Partnerships
Over the past year, Islamic Coin has participated in various events, including the Youth International Conference and COP27, in order to establish connections and promote their mission of improving access to financial services while adhering to United Nations directives on energy consumption. Mohammed AlKaff AlHashmi, the CEO of Islamic Coin, expressed excitement about building relationships with leading exchanges to bring Shariah-compliant finance to the Muslim community and beyond.
In addition to their participation in events, Islamic Coin has formed strategic partnerships with DDCAP Group, global Islamic banks, and various companies like Fambras, Pyypl, Sushi, and Holiday Swap. The project has also gained support from members of UAE ruling families who serve on its advisory board.
About Islamic Coin and Its Ethical Investment Practices
Islamic Coin’s native currency, Haqq, is committed to ethical investment practices, with 10% of its issuance dedicated to charity. The project aims to facilitate seamless transactions and offer Shariah-compliant financial instruments. In a private sale, Islamic Coin raised a record $400 million, as announced in a recent press release.
The listing on KuCoin marks an important milestone for Islamic Coin, as it gains access to one of the world’s largest crypto exchanges by volume. The project continues to expand its reach and impact in the digital currency space.
Frequently Asked Questions (FAQ)
What is Islamic Coin?
Islamic Coin is a Shariah-compliant cryptocurrency that aims to improve access to financial services while adhering to ethical investment practices.
When will Islamic Coin be listed on KuCoin?
Islamic Coin is scheduled to be listed on KuCoin on October 10th.
What partnerships has Islamic Coin formed?
Islamic Coin has formed partnerships with DDCAP Group, global Islamic banks, and companies like Fambras, Pyypl, Sushi, and Holiday Swap.
How much did Islamic Coin raise in its private sale?
Islamic Coin raised a record $400 million in its private sale.
What is the mission of Islamic Coin?
Islamic Coin aims to bring the benefits of Shariah-compliant finance to the Muslim community and beyond, while also promoting ethical investment practices and improving access to financial services.
Is Islamic Coin involved in sustainable initiatives?
Yes, Islamic Coin is committed to keeping energy consumption in check in line with the directives of the United Nations. The project has participated in events like COP27 to support sustainable initiatives.
Who is the CEO of Islamic Coin?
The CEO of Islamic Coin is Mohammed AlKaff AlHashmi.