A New Era in Islamic Finance
Islamic Coin, the currency of the HAQQ Network, is launching on LBank, providing a new opportunity for over 2 billion Muslims worldwide to participate in Shariah-compliant DeFi. This marks a significant step in financial technology and aims to bridge the gap between traditional Islamic finance and modern technology.
Bridging Traditional Islamic Finance and Modern Technology
Islamic Coin is not just a digital currency, but also the foundation of the HAQQ Network. This innovative blockchain platform is dedicated to integrating the Muslim population into the digital finance world while respecting their values and faith. By seamlessly combining Islamic financial principles with cutting-edge blockchain technology, Islamic Coin is at the forefront of this integration.
Future-Proofing Ethical Finance
Islamic Coin leads the charge in future-proofing the ethical DeFi sector. Through blockchain technology, it offers a transparent, efficient, and Shariah-compliant financial ecosystem. This initiative caters not only to the Muslim community but also to anyone interested in ethical finance, addressing the increasing scrutiny of the ethical dimensions of finance.
Strategic Partnerships: Expanding Horizons
Islamic Coin has formed significant partnerships to enhance its reach and utility. Collaborations with GoMeat, DDCAP, and Axelar expand the application of Islamic Coin in sectors such as halal meat distribution and cross-chain transfers, broadening its usability across different blockchain networks.
Milestones: A Year of Achievements
Over the past 12 months, Islamic Coin has achieved several milestones, including a successful public token sale on Republic, strategic partnerships with key players, investments in startups through a $40 million Ecosystem Fund, and the launch of HaqqPad to accelerate startup growth.
The Road Ahead: Plans for the Next 12 Months
The future for HAQQ and Islamic Coin includes transitioning the network to Proof of Stake, implementing mnemonic-less private key management, launching on major crypto exchanges, integrating into the MENA region’s payment systems, and introducing innovative features like the Shariah Oracle and NFT support.
Conclusion: Embracing a Financially Inclusive Future
Islamic Coin’s launch on LBank symbolizes not only a milestone for HAQQ Network but also a step forward in achieving financial inclusivity and ethical finance. By blending faith-based principles with modern technology, Islamic Coin represents a movement toward a more equitable and inclusive financial future.
About ISLM (IslamicCoin)
Islamic Coin (ISLM) is the native currency of HAQQ, an ethics-first L1 blockchain that brings together developers, validators, open-source contributors, and Muslim innovators in sustainable finance. With 10% of each issuance automatically dedicated to the Evergreen DAO, ISLM is making a lasting impact on the Muslim community.
Original Source: https://islamiccoin.net
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