[ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms - page 219.

hesham51

member

Activity: 504

Merit: 16

Quote from: vip555 on August 17, 2018, 04:42:47 AM

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/

Mr.Jovetic

newbie

Activity: 115

Merit: 0

Quote from: hesham51 on August 17, 2018, 08:01:48 AM

Quote from: kurbanth on August 16, 2018, 08:01:58 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?

HAKHALI

member

Activity: 182

Merit: 25

Bitcoin=Decentralization+ Consensus+High sec=TRUST

how many tokens have been sold until now?

hesham51

member

Activity: 504

Merit: 16

Quote from: anatolykarpov on August 17, 2018, 07:25:04 AM

I live in an Islamic country. This is total nonsense.
If you want to improve life quality, income, the reputation of any society or member of any religion, it means you don't care for the rest of the world.
If you want to improve something, please make them for all of us.
Please don't differentiate any human from another no matter reason you have!

Hi, ADAB SOLUTIONS are really open and inclusive for every single person. The fact that they are following the Sharia norm, doesn't imply that they only work with religious people or some cultures. The thing is, the principles ADAB is using are based on moral and socially acceptable behavior, and taking care about the people surrounding us. ADAB is applying these principles to our business operations and treat it as an efficient and highly productive business model.
So it can be perceived as a business model which is aiming to involve all people no matter their identity or background.

hesham51

member

Activity: 504

Merit: 16

Quote from: kurbanth on August 16, 2018, 08:01:58 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.

anatolykarpov

member

Activity: 266

Merit: 12

I live in an Islamic country. This is total nonsense.
If you want to improve life quality, income, the reputation of any society or member of any religion, it means you don't care for the rest of the world.
If you want to improve something, please make them for all of us.
Please don't differentiate any human from another no matter reason you have!

patrickSmith

newbie

Activity: 41

Merit: 0

What is the difference between FICE and others?

hesham51

member

Activity: 504

Merit: 16

Stage 4 of the roadmap: In the process

As we talked about the completed steps of the roadmap, we are now at the most exciting steps of all. We are on the stage of pre-ICO and ICO arrangement.

We have started the private pre-sale on ...

Read more

hesham51

member

Activity: 504

Merit: 16

Quote from: HAKHALI on August 16, 2018, 02:23:12 PM

Quote from: hesham51 on August 16, 2018, 01:51:12 PM

Quote from: Asmh85 on August 16, 2018, 01:16:05 PM

Quote from: hesham51 on August 16, 2018, 12:45:37 PM

Quote from: Asmh85 on August 16, 2018, 12:08:29 PM

Quote from: hesham51 on August 16, 2018, 11:03:58 AM

Quote from: HAKHALI on August 16, 2018, 10:26:08 AM

hello, what the soft cap and hard cap of pre-sell ico stage?

The Soft cap is 2,500,000 $ for ICO stages , and the amount to be collected on presales period is 5,610,000 $. And the hard cap is 18,700,000 $ for all ICO.

And How much does the token cost?

the price of ADAB token is equal to 0.10 $

And What is the minimum limit of purchase?

The minimum purchase is still the same no change, it's 1000 ADAB.

what about maximum purchase ?open ?

till now there's No restriction

vip555

newbie

Activity: 21

Merit: 0

Hello. I would like to know what are the unique norms of sharia?

indo1

sr. member

Activity: 1890

Merit: 256

Vave.com - Crypto Casino

Quote from: kurbanth on August 16, 2018, 08:01:58 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.

we hope this project will not get effect due to policy from saudi arabia regulator , maybe they must check first and understand how adab project worked

kurbanth

jr. member

Activity: 196

Merit: 2

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.

Asmh85

jr. member

Activity: 182

Merit: 2

Quote from: hesham51 on August 16, 2018, 04:43:05 PM

Quote from: Asmh85 on August 16, 2018, 03:45:07 PM

Which access approachs would be supported to ADAB platform?

FICE will provide access to cross -platform trading clients :

Browser client for Internet trading.

Android user account

iOS User client

Mobile HTML5 Client

That's really would be amazing if they deliver all these clients from the beginning start.

hesham51

member

Activity: 504

Merit: 16

Quote from: Asmh85 on August 16, 2018, 03:45:07 PM

Which access approachs would be supported to ADAB platform?

FICE will provide access to cross -platform trading clients :

Browser client for Internet trading.

Android user account

iOS User client

Mobile HTML5 Client

Asmh85

jr. member

Activity: 182

Merit: 2

Which access approachs would be supported to ADAB platform?

HAKHALI

member

Activity: 182

Merit: 25

Bitcoin=Decentralization+ Consensus+High sec=TRUST

Quote from: hesham51 on August 16, 2018, 01:51:12 PM

Quote from: Asmh85 on August 16, 2018, 01:16:05 PM

Quote from: hesham51 on August 16, 2018, 12:45:37 PM

Quote from: Asmh85 on August 16, 2018, 12:08:29 PM

Quote from: hesham51 on August 16, 2018, 11:03:58 AM

Quote from: HAKHALI on August 16, 2018, 10:26:08 AM

hello, what the soft cap and hard cap of pre-sell ico stage?

The Soft cap is 2,500,000 $ for ICO stages , and the amount to be collected on presales period is 5,610,000 $. And the hard cap is 18,700,000 $ for all ICO.

And How much does the token cost?

the price of ADAB token is equal to 0.10 $

And What is the minimum limit of purchase?

The minimum purchase is still the same no change, it's 1000 ADAB.

what about maximum purchase ?open ?

hesham51

member

Activity: 504

Merit: 16

Quote from: Asmh85 on August 16, 2018, 01:16:05 PM

Quote from: hesham51 on August 16, 2018, 12:45:37 PM

Quote from: Asmh85 on August 16, 2018, 12:08:29 PM

Quote from: hesham51 on August 16, 2018, 11:03:58 AM

Quote from: HAKHALI on August 16, 2018, 10:26:08 AM

hello, what the soft cap and hard cap of pre-sell ico stage?

The Soft cap is 2,500,000 $ for ICO stages , and the amount to be collected on presales period is 5,610,000 $. And the hard cap is 18,700,000 $ for all ICO.

And How much does the token cost?

the price of ADAB token is equal to 0.10 $

And What is the minimum limit of purchase?

The minimum purchase is still the same no change, it's 1000 ADAB.

Asmh85

jr. member

Activity: 182

Merit: 2

Quote from: hesham51 on August 16, 2018, 12:45:37 PM

Quote from: Asmh85 on August 16, 2018, 12:08:29 PM

Quote from: hesham51 on August 16, 2018, 11:03:58 AM

Quote from: HAKHALI on August 16, 2018, 10:26:08 AM

hello, what the soft cap and hard cap of pre-sell ico stage?

The Soft cap is 2,500,000 $ for ICO stages , and the amount to be collected on presales period is 5,610,000 $. And the hard cap is 18,700,000 $ for all ICO.

And How much does the token cost?

the price of ADAB token is equal to 0.10 $

And What is the minimum limit of purchase?

hesham51

member

Activity: 504

Merit: 16

Quote from: Asmh85 on August 16, 2018, 12:08:29 PM

Quote from: hesham51 on August 16, 2018, 11:03:58 AM

Quote from: HAKHALI on August 16, 2018, 10:26:08 AM

hello, what the soft cap and hard cap of pre-sell ico stage?

The Soft cap is 2,500,000 $ for ICO stages , and the amount to be collected on presales period is 5,610,000 $. And the hard cap is 18,700,000 $ for all ICO.

And How much does the token cost?

the price of ADAB token is equal to 0.10 $

Asmh85

jr. member

Activity: 182

Merit: 2

Quote from: hesham51 on August 16, 2018, 11:03:58 AM

Quote from: HAKHALI on August 16, 2018, 10:26:08 AM

hello, what the soft cap and hard cap of pre-sell ico stage?

The Soft cap is 2,500,000 $ for ICO stages , and the amount to be collected on presales period is 5,610,000 $. And the hard cap is 18,700,000 $ for all ICO.

And How much does the token cost?

Topic: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms - page 219. (Read 87052 times)