Private pre-sale is running!!!
You can go through this link
https://ico.adabsolutions.com
Just register and pass KYC.
You can go through this link
https://ico.adabsolutions.com
Just register and pass KYC.
Topic: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms - page 218. (Read 87067 times)
August 18, 2018, 09:28:45 AM
August 18, 2018, 09:04:16 AM
Hello, I just confused about the Terms and Conditions of the ICO in Whitepaper and your website. On your website, The amount of charges on closed and preliminary sale are 5 610 000 $ and the Volumes of fees at the crowdsale is 13 090 000 $. But in the WP it is 5,187,000$ and 12,103,000$ respectively. So what one is correct? Thanks! 
Hello, the amount that should be collected during closed and presales is 5 610 000 $ and the amount that should be collected on the crowdsale is 13 090 000 $ , sorry for making you get confused , but you can refer to this article for more details.https://medium.com/@adabsolutions/adab-solutions-presents-a-code-of-conduct-for-ico-987c7ad1de7c
https://steemit.com/cryptocurrency/@adabsolutions/adab-solutions-presents-a-code-of-conduct-for-ico
Thanks for your fast responding. I have the correct number
So I think that your Whitepaper needs to revise that information, right? It'll better to have a unified data. August 18, 2018, 08:41:06 AM
Hello, I just confused about the Terms and Conditions of the ICO in Whitepaper and your website. On your website, The amount of charges on closed and preliminary sale are 5 610 000 $ and the Volumes of fees at the crowdsale is 13 090 000 $. But in the WP it is 5,187,000$ and 12,103,000$ respectively. So what one is correct? Thanks!
Hello, the amount that should be collected during closed and presales is 5 610 000 $ and the amount that should be collected on the crowdsale is 13 090 000 $ , sorry for making you get confused , but you can refer to this article for more details.https://medium.com/@adabsolutions/adab-solutions-presents-a-code-of-conduct-for-ico-987c7ad1de7c
https://steemit.com/cryptocurrency/@adabsolutions/adab-solutions-presents-a-code-of-conduct-for-ico
Thanks for your fast responding. I have the correct number
So I think that your Whitepaper needs to revise that information, right? It'll better to have a unified data.Thanks for your attention
August 18, 2018, 08:33:48 AM
What is the difference between FICE and others?
Until now, there is not a single cryptocurrency platform or a crypto exchange which would guarantee activities based on Shariah. Adab Solutions will be the first project that will allow performing cryptocurrency transactions in accordance with the principles of Islamic finance and on the basis of Shariah norms. ADAB Solutions' operations are transparent, and are not making any manipulations whatsoever.In addition ADAB are arranging charity organization from the particular percentage of the revenue we get. We are heavily competing with other exchanges, we are true to our unique strategic business model and we are following it.
August 17, 2018, 10:25:34 PM
Hello, I just confused about the Terms and Conditions of the ICO in Whitepaper and your website. On your website, The amount of charges on closed and preliminary sale are 5 610 000 $ and the Volumes of fees at the crowdsale is 13 090 000 $. But in the WP it is 5,187,000$ and 12,103,000$ respectively. So what one is correct? Thanks!
Hello, the amount that should be collected during closed and presales is 5 610 000 $ and the amount that should be collected on the crowdsale is 13 090 000 $ , sorry for making you get confused , but you can refer to this article for more details.https://medium.com/@adabsolutions/adab-solutions-presents-a-code-of-conduct-for-ico-987c7ad1de7c
https://steemit.com/cryptocurrency/@adabsolutions/adab-solutions-presents-a-code-of-conduct-for-ico
Thanks for your fast responding. I have the correct number
So I think that your Whitepaper needs to revise that information, right? It'll better to have a unified data. August 17, 2018, 07:57:43 PM
What is the difference between FICE and others?
Until now, there is not a single cryptocurrency platform or a crypto exchange which would guarantee activities based on Shariah. Adab Solutions will be the first project that will allow performing cryptocurrency transactions in accordance with the principles of Islamic finance and on the basis of Shariah norms. ADAB Solutions' operations are transparent, and are not making any manipulations whatsoever.In addition ADAB are arranging charity organization from the particular percentage of the revenue we get. We are heavily competing with other exchanges, we are true to our unique strategic business model and we are following it.
August 17, 2018, 04:41:43 PM
What is the difference between FICE and others?
Until now, there is not a single cryptocurrency platform or a crypto exchange which would guarantee activities based on Shariah. Adab Solutions will be the first project that will allow performing cryptocurrency transactions in accordance with the principles of Islamic finance and on the basis of Shariah norms. ADAB Solutions' operations are transparent, and are not making any manipulations whatsoever.In addition ADAB are arranging charity organization from the particular percentage of the revenue we get. We are heavily competing with other exchanges, we are true to our unique strategic business model and we are following it.
August 17, 2018, 04:16:21 PM
What are the biggest challenges you expect to face and how do you plan to overcome these challenges?
August 17, 2018, 02:38:32 PM
Hello. I would like to know what are the unique norms of sharia?
Islamic Finance refers to the provision of financial services in accordance with Sharia norms, principles and rules. Sharia does not permit receipt and payment of "riba" (interest), "gharar" (excessive uncertainty), "maysir" (gambling), short sales or financing activities that it considers harmful to society. Instead, the parties must share the risks and rewards of a business transaction and the transaction should have a real economic purpose without undue speculation, and not involve any exploitation of either party.To know more about Sharia norms find below some links may help you internalize the Principles of Shariah norms:
https://en.wikipedia.org/wiki/Islamic_economics
http://www.islamicinsights.com/religion/an-introduction-to-islam-and-economics.html
http://www.imf.org/external/themes/islamicfinance/
https://blogs.imf.org/tag/islamic-finance/
https://blogs.imf.org/2017/02/21/islamic-banking-proposals-get-imf-approval/
really , i haven't understood how FICE would involve or practice these norms of Shareaa (except by prohibiting some coins to be listed on it )..any moslem can do that on the other crypto exchanges , i mean what the other procedures of FICE TO implement the Islamic finance method ??
August 17, 2018, 01:57:55 PM
What are the biggest challenges you expect to face and how do you plan to overcome these challenges?
August 17, 2018, 01:42:54 PM
Recently, there was news that regulators in Saudi Arabia banned the use of cryptocurrency! I'm very worried about it.. I hope you're doing well with the project? I would like to hear a positive answer! I look forward to your project in the future. Your plans are ambitious.
Yes, Saudi Arabia have reminded citizens that trading in cryptocurrency is illegal in the country. This reminder comes following the recent emergence of virtual currency trading promotions in the Arab nation. statement is:"THE COMMITTEE ASSURED THAT VIRTUAL CURRENCY INCLUDING, FOR EXAMPLE BUT NOT LIMITED TO, THE BITCOINS ARE ILLEGAL IN THE KINGDOM AND NO PARTIES OR INDIVIDUALS ARE LICENSED FOR SUCH PRACTICES."
For ADAB SOLUTIONS, It emerg from the same society and bear the same ethics, so no fear.
August 17, 2018, 01:24:18 PM
Hello. I would like to know what are the unique norms of sharia?
Islamic Finance refers to the provision of financial services in accordance with Sharia norms, principles and rules. Sharia does not permit receipt and payment of "riba" (interest), "gharar" (excessive uncertainty), "maysir" (gambling), short sales or financing activities that it considers harmful to society. Instead, the parties must share the risks and rewards of a business transaction and the transaction should have a real economic purpose without undue speculation, and not involve any exploitation of either party.To know more about Sharia norms find below some links may help you internalize the Principles of Shariah norms:
https://en.wikipedia.org/wiki/Islamic_economics
http://www.islamicinsights.com/religion/an-introduction-to-islam-and-economics.html
http://www.imf.org/external/themes/islamicfinance/
https://blogs.imf.org/tag/islamic-finance/
https://blogs.imf.org/2017/02/21/islamic-banking-proposals-get-imf-approval/
really , i haven't understood how FICE would involve or practice these norms of Shareaa (except by prohibiting some coins to be listed on it )..any moslem can do that on the other crypto exchanges , i mean what the other procedures of FICE TO implement the Islamic finance method ??
August 17, 2018, 10:11:41 AM
This project have very complicated terms and conditions but I don't understand why they are using religion as weapon to take investment from people. I think blockchain is global accessible platform and it is against its spirit to put religion there. I will stay from this to make any investment.
Hello,nobody here is saying that this project is religious, or using weapons from any type. It is a way of running a business, a unique business model in crypto market i would say. Something like Japanese business models applying some wisdom and principles of their ideology. It is the same thing here. Moral and socially acceptable behavior, no manipulations. Caring about the community, giving back to the community-these and more principles we are taking from Sharia law and applying to our business model, Blockchain technology has been created to live and it will stay accessible. August 17, 2018, 01:18:51 PM
Recently, there was news that regulators in Saudi Arabia banned the use of cryptocurrency! I'm very worried about it.. I hope you're doing well with the project? I would like to hear a positive answer! I look forward to your project in the future. Your plans are ambitious.
Yes, Saudi Arabia have reminded citizens that trading in cryptocurrency is illegal in the country. This reminder comes following the recent emergence of virtual currency trading promotions in the Arab nation. statement is:"THE COMMITTEE ASSURED THAT VIRTUAL CURRENCY INCLUDING, FOR EXAMPLE BUT NOT LIMITED TO, THE BITCOINS ARE ILLEGAL IN THE KINGDOM AND NO PARTIES OR INDIVIDUALS ARE LICENSED FOR SUCH PRACTICES."
For ADAB SOLUTIONS, It emerg from the same society and bear the same ethics, so no fear.
So Saudi can't use cryptocurrency at all?
August 17, 2018, 01:16:47 PM
Recently, there was news that regulators in Saudi Arabia banned the use of cryptocurrency! I'm very worried about it.. I hope you're doing well with the project? I would like to hear a positive answer! I look forward to your project in the future. Your plans are ambitious.
Yes, Saudi Arabia have reminded citizens that trading in cryptocurrency is illegal in the country. This reminder comes following the recent emergence of virtual currency trading promotions in the Arab nation. statement is:"THE COMMITTEE ASSURED THAT VIRTUAL CURRENCY INCLUDING, FOR EXAMPLE BUT NOT LIMITED TO, THE BITCOINS ARE ILLEGAL IN THE KINGDOM AND NO PARTIES OR INDIVIDUALS ARE LICENSED FOR SUCH PRACTICES."
For ADAB SOLUTIONS, It emerg from the same society and bear the same ethics, so no fear.
August 17, 2018, 12:38:21 PM
Hello. I would like to know what are the unique norms of sharia?
Islamic Finance refers to the provision of financial services in accordance with Sharia norms, principles and rules. Sharia does not permit receipt and payment of "riba" (interest), "gharar" (excessive uncertainty), "maysir" (gambling), short sales or financing activities that it considers harmful to society. Instead, the parties must share the risks and rewards of a business transaction and the transaction should have a real economic purpose without undue speculation, and not involve any exploitation of either party.To know more about Sharia norms find below some links may help you internalize the Principles of Shariah norms:
https://en.wikipedia.org/wiki/Islamic_economics
http://www.islamicinsights.com/religion/an-introduction-to-islam-and-economics.html
http://www.imf.org/external/themes/islamicfinance/
https://blogs.imf.org/tag/islamic-finance/
https://blogs.imf.org/2017/02/21/islamic-banking-proposals-get-imf-approval/
really , i haven't understood how FICE would involve or practice these norms of Shareaa (except by prohibiting some coins to be listed on it )..any moslem can do that on the other crypto exchanges , i mean what the other procedures of FICE TO implement the Islamic finance method ??
August 17, 2018, 12:10:03 PM
how many tokens have been sold until now?
ADAB had started the private pre-sale on the 15 August 2018 and it will last until 5 September 2018, we will announce the amount of sold tokens when they finish the presale. August 17, 2018, 10:47:01 AM
how many tokens have been sold until now?
ADAB had started the private pre-sale on the 15 August 2018 and it will last until 5 September 2018, we will announce the amount of sold tokens when they finish the presale. August 17, 2018, 09:33:37 AM
This project have very complicated terms and conditions but I don't understand why they are using religion as weapon to take investment from people. I think blockchain is global accessible platform and it is against its spirit to put religion there. I will stay from this to make any investment.
August 17, 2018, 09:26:02 AM
Recently, there was news that regulators in Saudi Arabia banned the use of cryptocurrency! I'm very worried about it.. I hope you're doing well with the project? I would like to hear a positive answer! I look forward to your project in the future. Your plans are ambitious.
Yes, Saudi Arabia have reminded citizens that trading in cryptocurrency is illegal in the country. This reminder comes following the recent emergence of virtual currency trading promotions in the Arab nation. statement is:"THE COMMITTEE ASSURED THAT VIRTUAL CURRENCY INCLUDING, FOR EXAMPLE BUT NOT LIMITED TO, THE BITCOINS ARE ILLEGAL IN THE KINGDOM AND NO PARTIES OR INDIVIDUALS ARE LICENSED FOR SUCH PRACTICES."
For ADAB SOLUTIONS, It emerg from the same society and bear the same ethics, so no fear.
So Saudi can't use cryptocurrency at all?
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