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Topic: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms - page 219. (Read 87067 times)

member
Activity: 504
Merit: 16
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/
  


newbie
Activity: 115
Merit: 0
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?
member
Activity: 182
Merit: 25
Bitcoin=Decentralization+ Consensus+High sec=TRUST
how many tokens have been  sold until now?
member
Activity: 504
Merit: 16
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.

member
Activity: 504
Merit: 16
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.
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!
newbie
Activity: 41
Merit: 0
What is the difference between FICE and others?
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

member
Activity: 504
Merit: 16
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
newbie
Activity: 21
Merit: 0
Hello. I would like to know what are the unique norms of sharia?
sr. member
Activity: 1904
Merit: 256
Vave.com - Crypto Casino
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
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.
jr. member
Activity: 182
Merit: 2
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.
member
Activity: 504
Merit: 16
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
jr. member
Activity: 182
Merit: 2
Which access approachs would be supported to  ADAB platform?
member
Activity: 182
Merit: 25
Bitcoin=Decentralization+ Consensus+High sec=TRUST
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 ?
member
Activity: 504
Merit: 16
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.
jr. member
Activity: 182
Merit: 2
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?
member
Activity: 504
Merit: 16
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 $
jr. member
Activity: 182
Merit: 2
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?
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