Topic: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms - page 165. (Read 87067 times)

I just started to understand the technical characteristics of ADAB, but now I understand that this is quite an ambitious project that requires a lot of time to be realized.

I match that market now, in principle, shows upward trends, and it seems  that now it is worth thinking about investing in such projects.

Without doubt. Team must respond to such an accusation. Refute or confirm. Silence in this situation will only lead to a worse outcome.
Before all these words, I liked the project and I even bought tokens. Not much, but it's there.

I successfully came to this topic. Project is a Scam? You understand that after such words, we will need to send to the test in the other thread this thread to develop this theme. If this project Scam, the trust of each participant can paint. This is a big problem. I really want to make sure you're telling the truth.
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All right, after such charges typically create a new thread and the old-timers of the forum begin to understand the truth of this Scam or not

I am sure that the development team has already encountered the problem of effective development of the exchange within Shariah rules ..

I successfully came to this topic. Project is a Scam? You understand that after such words, we will need to send to the test in the other thread this thread to develop this theme. If this project Scam, the trust of each participant can paint. This is a big problem. I really want to make sure you're telling the truth.

I have noticed that some people appeared in the conviction, then they are dissatisfied with the project. It seems to me that the team members need to explain certain points to them.

Thank you for the post, I see you did not answer any points.

Please explain:

1) If an owner or employee of a brewery that makes, transports or sells alcohol and uses income from those activities to fund the Shariah Adab Exchange ICO then is it Shariah compliant?

2) If someone manufactures, transports or sell drugs/narcotics and uses income from those activities to fund the Shariah Adab Exchange ICO then is it Shariah compliant?

3) If a pimp or prostitute uses income from those activities to fund the Shariah Adab Exchange ICO then is it Shariah compliant ?

4) How does the Adab Team intend to vet their investors to ensure the people and companies investing in the ICO trade only in Halal?

Thank you

Their unique selling point to attract investors is calling this project "Shariah" compliant. This project cannot be Shariah compliant because when you start a business that you claim to be Halal or Shariah compliant but will not make checks as to who is investing in your company and which source those funds are coming from then it is not a Shariah compliant business. The people behind this exchange are liars and scammers.

I read all your messages and it seems to me that you write your messages under the order of competitors. On the one hand you argue everything, and on the other you pour mud on ADAB. The most interesting thing is that only you noticed it (ADAB scams), and what do other participants think?

Your email is all in the affirmative. I should study this project better. That's just I don't understand why you say that the site is on WordPress. Is that bad? And I don't understand anything about the Shariah and the Caliph. What's it?

Where did you get this information? Please tell us. Why do you think they can deceive me?

Very interesting point of view!
I certainly do not not understand what is in the Sharia, but your comment to me caused a lot of questions:
1) Tell me, team really does not know how to manage cryptocurrency and they are scammers?
2) is there No such thing as brotherhood. The Islamic stock exchange in an Islamic society?
3) Do Muslims are to deceive and to launder money?

This is a scam project run by a bunch of clowns that are out of their depth

They are selling this project as Shariah compliant but many of the team behind it are not even Muslim. And the ones who claim to be Muslim or have Muslim names do not even declare which sect or denominations they belong to.

Board of Advisors: (https://adabsolutions.com/docs/wp/en_wp.pdf)

Sulaiman Al-Fahim - Advisor on Investment and Strategic Development
--If he is Muslim which sect of Islam does he follow?
--Does he have any qualification is Islamic Studies specialising in Finance?

Ali al-Khamis - Business Development Advisor
--If he is Muslim which sect of Islam does he follow?
--Does he have any qualification is Islamic Studies specialising in Finance?

Md-Mofassair-Hossain - Advisor Marketing and PR
--If he is Muslim which sect of Islam does he follow?
--Does he have any qualification is Islamic Studies specialising in Finance?
--If he is Muslim why is shortening his first name Mohammed/Muhammad to Md when the significance of that name for all Muslims is proudly know.

Gaurav Areng Chakraverti - Marketing ICO Advisor
--This man is NOT Muslim as his name clearly suggests it... According to Shariah this man is a non-believer so should he be onboard a Shariah compliant project?


Jorges Rodriguez - Security Advisor
--This man is NOT Muslim as his name suggests...
--Adab Exchange Whitepaper: "Ethical hacker since childhood, security expert, blockchain developer and project manager. Jorge Rodriguez is passionate about technology which is considered one of the greatest security experts in the world of CryptoCurrencies."

--This man is NOT Muslim as his name clearly suggests it... According to Shariah this man is a non-believer so should he be onboard a Shariah compliant project?

Which clever individual decided to have an "ethical hacker" on board for a Shariah compliant or any ICO project.... pathetic.

There are other people from the ICO whitepaper that give rise to concern too but I am waiting for replies to this and my previous posts first...

@whitetoo - You are the OP we wait for you to reply. Please explain why you think this project is Shariah compliant because after reading through the thread and reading your whitepaper, this project is not in accordance with Shariah. Thank you.

Adab (Arabic: أدب‎) in the context of behavior, refers to prescribed Islamic etiquette: "refinement, good manners, morals, decorum, decency, humaneness" so hurry up Adab Team and @whitetoo live up to your projects name and start replying to the posts asking you questions: https://en.wikipedia.org/wiki/Adab_(Islam)

You are right, now the market is fluctuating and bitcoin is on a correction. When the situation with its price will change and it will begin to grow. Investors ' demand and interest will Wake up very quickly.

I like this post. Thank you.

Yes they do not have any real crypto experience, it seems to be a rag-tag team huddled together to widen the appeal and input to forcefully make a "team". The problem is nobody in that "team" is qualified on any aspect of Islamic jurisprudence in any Islamic denomination.

It is doomed to fail.

i am agree with that..

Investors" behind this exchange is scammers

Hi mate, belive me this project is not scam they are more than scam, I understand Sharia norms, I had studied shariah, this project want to  make  money laundering, they , they need to hide their money and lunder it.
As you  said many times here that they are not applying Sharia! You are right, they are ERC20 and ethereum is POS which is Haram not halal because of the interest that people is getting from stacking is forbidden in Shariah.
I'm sure Muslims who is already in crypto market will not invest in this project because they don't consider others exchanges like Binance and Kucoin as forbidden.
One more thing , the team is real but they don't have any experience in crypto currency, when this exchange go live they will be hacked because they are not professional in this field.

When you start a business that you claim to be Halal or Shariah compliant but will not make checks as to who is investing in your company and which source those funds are coming from then it is not a Shariah compliant business. The people behind this exchange are liars and scammers.

why are you so sure that this project is a scam and that they are lying about Shariah norms? After all, in fact, the stock exchange have not  yet been developed