Topic: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms - page 144. (Read 87084 times)

So funny how these nonsense users with almost no history at all come along in this thread and post one liners that make no sense just to drown out voices that disagree or expose Adab Haraam exchange because they are scammers. As you pointed out by Boogiemiss the bots and money seeking airdrop folk are trying to pump this thread but I cannot reply to most of them as I have them on IGNORE 

As for me, I have not invested yet, because i stay away from ICOs on this market, but it is interesting for me to learn more about this project, because it is first time I see project connected with islamic banking in crypto sphere

Personally, I believe in the project, invest in it finances, although the amount is not large, but I want to see its further development

Can I participate in ICO as an investor, what do I need to do?

Can I participate in ICO as an investor, what do I need to do?

This project is a scam. Simple.

People choose ICO projects in different ways.The country of origin of the project for some people is an important factor in the selection. For a Muslim, this can be a determining factor.

Dear JollyGood,
I highlighted the key point of your offense towards the ADAB solutions project.
Your offense regarding source of funding for the ICO.

ADAB Solutions cannot borrow from or financially transact with someone whose wealth is completely, or predominantly, haram. If it is predominantly halal, then financial transaction, borrowing, accepting gifts, etc. would be permissible. If one is unsure, then the default assumption is that most of their wealth is lawful. ADAB Solutions doing KYC and AML on their investors and need not investigate deep into the wealth of investor, but rather the basis is what is apparent.

If the Majority of the profit the company makes is from a halal activity and you are not directly involved in the smaller haram aspect of it, then you aught to assume that your income is from the halal, and you won't be culpable.

If you find out that part of  received money from haram sources best to give it to charity because you can't do anything else with it. But you shouldn’t expect any reward for giving it to charity.
and Allah ta'ala knows best.

Your offense regarding non-Muslim members of the ADAB team.

Islamic finance is not only for Muslims. This means that Islamic financial institutions will not turn away non‐Muslim customers, and non‐Muslims can provide Islamic financial services. In practice, one can find examples of the large number of non‐Muslim participants in Islamic financial institutions worldwide. 

The message is that Islamic finance is also for non-Muslims the market potential of Islamic finance is far greater than just the population of Muslim countries and Muslim minorities in non-Muslim countries. Sustainable and responsible investing could also be driving the growth for Islamic finance due to the commonalities in values and shared principles.

The most common translation of kaafir is a disbeliever. It is opposite of a believer. Those who believe that “There is no God except Allah, Mohammad is the messenger of Allah” and profess it are believers and those who reject it are kaafir. In my view the correct translation of kaafir will be rejectors. In common use these days those who are believers are referred as Muslims and disbelievers are referred as kaafir.
Before you name somebody “kaafir”, I want you to read carefully the Hadith: In Saheeh al-Bukhaari (6104) and Saheeh Muslim (60) it is narrated from ‘Abd-Allaah ibn ‘Umar (may Allaah be pleased with him) that the Prophet (peace and blessings of Allaah be upon him) said: “If a man declares his brother to be a kaafir, it will apply to one of them.”  According to another report: “Either it is as he said, otherwise it will come back to him.”

Best regards,
Maxat Salpyn,
Deputy-CEO on Islamic finance,
ADAB Solutions

Explain to me the essence of the conflict? As a person who does not profess Islam, it’s very difficult for me to understand special Islamic terms.

I would like to join the project as an investor, will it be necessary to pass the procedure of identity verification before you start investing, or it can be done later?

You can not understand what the rules of Islam if you are not a Muslim. But if you want to invest in this project all carefully check.

When I choose a project, I personally pay attention to such details as the country of development, and since ADAB is developed by Arabs, religion in this case has a special context