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Topic: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms - page 157. (Read 87067 times)

legendary
Activity: 2534
Merit: 1713
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Thanks to great work by Asmh85 we can see the following regarding Md Mofassair Hossain

There is nothing Muslim and Shariah about this "project"

If he is Muslim why is shortening his first name Mohammed/Muhammad to "Md" when the significance of that name for all Muslims is well known?

His refusal to use the full name Mohammed/Muhammad and only shorten it to "Md" shows exactly why this person should not be involved in this "Shariah" compliant project and shows why the people behind Adab exchange are incompetent fools or lying scammer thieves or both  Roll Eyes









Their website page shows the name of two people other people along Mr. "Md" who are not Muslim but are advising Muslims on operating their "Shariah" compliant business?.

Seriously, you could not even make that up even if you wanted to!

People who are definitely non-Muslims who are advising (the Adab exchange that are allegedly consisting of several Muslims) on how to run a "Shariah" compliant business. Pathetic.

Join that on with an Advisor who has a Muslim name but refuses to write his full name even though it is the best Islamic name (Mohammed/Muhammad) that any Muslim man can have and you can see why this project is a shambles. Disgraceful.

Again, the people behind Adab exchange are incompetent fools or lying scammer thieves or both, for claiming to be running a "Shariah" project. They should remove the "Shariah" part of their claims and proceed with their project because this scam is nothing to so with "Shariah".
member
Activity: 434
Merit: 10
SESSIA
Guys idea is awesome , I heard a lot about islamic banking in general, but never heard before about islamic banking in crypto sphere.
Do you have competitors?
There are certain projects in this direction, but I do not see any projects related to religion.
Yes, I also saw plenty of crypto exchanges and so on, but something related with religion is a new direction for me, is it trendy, don't you know?
member
Activity: 267
Merit: 10
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I saw the news that you have collected soft cap. Can you tell what exactly the amount of funds collected?
member
Activity: 322
Merit: 10
hmm, it is hard for me to understand how religion is important to muslims and why should they launch special crypto exchange for islamists.... But ok, I will try to accept it
copper member
Activity: 504
Merit: 251
when will start your ICO? Or uts already closed? Some dates may be or something?
As far as I know, they just reached soft cap, so ICO is strarted. As for other information you can keep on track their announcement channel in telegram,twitter and website as well
on October 3 they announced that softcap had been reached for Adab, but if Adab promotion in the country with a majority of Islam,
such as Indonesia and Malaysia, maybe hardcap could be achieved
full member
Activity: 546
Merit: 100
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The project has reached a soft cap yesterday, congratulations to them!
member
Activity: 476
Merit: 17
Doesn't HadaDBank have the whole Islamic banking idea covered already and they finished the first phase of the ICO a while back. What makes ADAB different from Hada? And the whole first bank thing could  be highly contestable
member
Activity: 462
Merit: 10
when will start your ICO? Or uts already closed? Some dates may be or something?
As far as I know, they just reached soft cap, so ICO is strarted. As for other information you can keep on track their announcement channel in telegram,twitter and website as well
full member
Activity: 574
Merit: 111
vite
when will start your ICO? Or uts already closed? Some dates may be or something?
member
Activity: 322
Merit: 10
Guys idea is awesome , I heard a lot about islamic banking in general, but never heard before about islamic banking in crypto sphere.
Do you have competitors?
There are certain projects in this direction, but I do not see any projects related to religion.
full member
Activity: 504
Merit: 100
Sorry for naive question, but what problems has usual crypto exchange with Shariah norms?   

If you are not musilm than you don't have any problems.
jr. member
Activity: 238
Merit: 1
S.E.D.O.
The sphere of cryptocurrencies and ICO is business. In business, profit is important. The mention of any religion in the context is irrelevant to the end result.
member
Activity: 364
Merit: 10
I think the Islamic people have always been able to count money. But their religion doesn't allow them to make a profit in an unfair way. Although it may be legal.
member
Activity: 630
Merit: 10
Is anyone here invested in Adab. I am looking for trusted ICO and I don't know if it is a worthy project or not.
How much have you raised and what about bonus structure?
member
Activity: 574
Merit: 10
What is your killer feature? Are you aimed to operate only with islamic business people or other religions are ok?
member
Activity: 462
Merit: 10
Also I wonder if someone from you team has passed KYC? Being a bounty participant of other projects I want not only bounty participants pass KYC,but also team members
member
Activity: 434
Merit: 10
SESSIA
Guys idea is awesome , I heard a lot about islamic banking in general, but never heard before about islamic banking in crypto sphere.
Do you have competitors?
member
Activity: 462
Merit: 10
How do you keep shariah norms? Are all of your team members muslims?
Do you have any agreements with islam banks?
member
Activity: 462
Merit: 10
Wow, seems like unusual idea, islamic crypto exchange it is something modern and up to date. Did you raise something?
legendary
Activity: 2534
Merit: 1713
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At first they shouldn't have mixed religion with technology to use the name of sharia as tool to sell the product as fundamental rule. But if you look by other angle there is already financial system using the name of sharia whereas they are doing everything like traditional banking under other products names. If we watch by third angle it could be attractive for those need some kind of justification to invest in something they are not sure of. I really am not interested what they are all about but my concern is about basic information of company registration to be released publicly. They left blanked the contact tab on the website intentionally.

They did it because they are scammers. They thought they were clever but they have been caught out.

Adab exchange = scammers
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