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Topic: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms - page 229. (Read 87067 times)

member
Activity: 182
Merit: 25
Bitcoin=Decentralization+ Consensus+High sec=TRUST
I have crawl over the concept of Sharia and I figure out that there are some activity is banned on your exchange such as interest, lending, margin trading and some coins; my question is how ADAB exchange will get revenue?
as i read on their WP, transaction fee will be constant (between 0.05% to 0.2%) , thats means not free , also fees from changing between crypto coins and feat coins will b allowed on FICE  , sure not free, (if) they could do this service with some Islamic banks they will get big revenue  ....
member
Activity: 504
Merit: 16
I have crawl over the concept of Sharia and I figure out that there are some activities is banned on your exchange such as interest, lending, margin trading and some coins; my question is how ADAB exchange will get revenue?
Regardless of the banned activities in the FICE business model, ADAB exchange will be able to achieve its goals and the desired growth, ADAB Exchange revenue model is based on the First Islamic Crypto Exchange where the revenue will come from sources as the table below.


jr. member
Activity: 182
Merit: 2
I have crawl over the concept of Sharia and I figure out that there are some activity is banned on your exchange such as interest, lending, margin trading and some coins; my question is how ADAB exchange will get revenue?
member
Activity: 504
Merit: 16
by first sight i think ADAB platform is exciting and as a moslem man i wish success for them but i know that emotions in the technology filed not enough for strong competition for others , so just i wish that ADAB has strong technology to attract non-moslem investors since i haven't wide idea about the technical parts of this platform and how is it strong comparing by other projects and platforms in this field , my wishes for your platform by success and i will support  u as i can .  
Hi, firstly here I would like to clarfy that we don't try to exploit emotions and we are really compete the others technically and by the business model we adopted so that we are talking to all people regardless their religions or nationalities.
Regarding the technical principles of FICE , the FICE creates a technological services that will provide both traders and investors with the optimal set of tools ,for more information please refer to the Whitepaper and the Github for ADAB . (https://github.com/adabsolutions)

many thanks, i will check and follow the experts reaction about your project .
you can find expert ratings on websites such as: icobench.com, foundico.com, trackico.io. Expert ratings are available as well, you can check it out.
i have already checked ADAB SOLUTION web site and i haven't found any web links for this sites?
Thanks for your interested , Soon we will add the rating of ADAB Solutions on the website .
anyway you can find the rating below.

member
Activity: 182
Merit: 25
Bitcoin=Decentralization+ Consensus+High sec=TRUST
by first sight i think ADAB platform is exciting and as a moslem man i wish success for them but i know that emotions in the technology filed not enough for strong competition for others , so just i wish that ADAB has strong technology to attract non-moslem investors since i haven't wide idea about the technical parts of this platform and how is it strong comparing by other projects and platforms in this field , my wishes for your platform by success and i will support  u as i can .  
Hi, firstly here I would like to clarfy that we don't try to exploit emotions and we are really compete the others technically and by the business model we adopted so that we are talking to all people regardless their religions or nationalities.
Regarding the technical principles of FICE , the FICE creates a technological services that will provide both traders and investors with the optimal set of tools ,for more information please refer to the Whitepaper and the Github for ADAB . (https://github.com/adabsolutions)

many thanks, i will check and follow the experts reaction about your project .
you can find expert ratings on websites such as: icobench.com, foundico.com, trackico.io. Expert ratings are available as well, you can check it out.
i have already checked ADAB SOLUTION web site and i haven't found any web links for this sites?
member
Activity: 504
Merit: 16
by first sight i think ADAB platform is exciting and as a moslem man i wish success for them but i know that emotions in the technology filed not enough for strong competition for others , so just i wish that ADAB has strong technology to attract non-moslem investors since i haven't wide idea about the technical parts of this platform and how is it strong comparing by other projects and platforms in this field , my wishes for your platform by success and i will support  u as i can .  
Hi, firstly here I would like to clarfy that we don't try to exploit emotions and we are really compete the others technically and by the business model we adopted so that we are talking to all people regardless their religions or nationalities.
Regarding the technical principles of FICE , the FICE creates a technological services that will provide both traders and investors with the optimal set of tools ,for more information please refer to the Whitepaper and the Github for ADAB . (https://github.com/adabsolutions)

many thanks, i will check and follow the experts reaction about your project .
you can find expert ratings on websites such as: icobench.com, foundico.com, trackico.io. Expert ratings are available as well, you can check it out.
so this project has a system adopted from Islamic banking, but this project does not limit anyone to join, this is a very good idea. hopefully there are no obstacles for this project

Today's Islamic economic model is one of the most dynamic of the modern economy and is actively moving beyond Muslims countries, so this project does not restricte anyone to join this project.
And regarding the obstacles, Obstacles always there ,but with our well-planned project and the professional team we can overcome any obstacle.
  
sr. member
Activity: 672
Merit: 250
by first sight i think ADAB platform is exciting and as a moslem man i wish success for them but i know that emotions in the technology filed not enough for strong competition for others , so just i wish that ADAB has strong technology to attract non-moslem investors since i haven't wide idea about the technical parts of this platform and how is it strong comparing by other projects and platforms in this field , my wishes for your platform by success and i will support  u as i can .  
Hi, firstly here I would like to clarfy that we don't try to exploit emotions and we are really compete the others technically and by the business model we adopted so that we are talking to all people regardless their religions or nationalities.
Regarding the technical principles of FICE , the FICE creates a technological services that will provide both traders and investors with the optimal set of tools ,for more information please refer to the Whitepaper and the Github for ADAB . (https://github.com/adabsolutions)

many thanks, i will check and follow the experts reaction about your project .
you can find expert ratings on websites such as: icobench.com, foundico.com, trackico.io. Expert ratings are available as well, you can check it out.
so this project has a system adopted from Islamic banking, but this project does not limit anyone to join, this is a very good idea. hopefully there are no obstacles for this project
member
Activity: 504
Merit: 16
Maxat Salpyn Deputy CEO on Islamic Finance - ADABsolutions at DUBAI INTERNATIONAL BLOCKCHAIN SUMMIT on 9 AUGUST 2018 - DUBAI ATLANTIS HOTEL, THE PALM



Maxat Salpyn
Deputy CEO on Islamic
Finance
Final countdown to the Dubai International Blockchain Summit 2018

Read more here:
 https://medium.com/@adabsolutions/final-coundown-to-the-dubai-international-blockchain-summit-2018-46e37eff9e88




member
Activity: 168
Merit: 10
how your company is planning to provide the security for your exchange platform? I mean, for every exchange out there it is the most important thing and needs to be prioritized as that.
Yes, you are absolutely right. FICE platform security will be provided by the best developers in the field of cybersecurity, including the high level of business transparency. Security Development Lifecycle(SDL), and all the field standards will be adopted. FICE will implement the threat modeling, and STRIDE analysis, statistical code analysis(SAST), dynamic program analysis(DAST) and a penetration test.
FICE will adopt standards of data encryption,recommended by the NIST(AES-256,SHA256/SHA3) and will not use proprietary cryptography. All the user data, including the internal traffic will be encrypted.
FICE guarantees:
1.All the confidential data will be encrypted with AES-256 encryption protocol
2.TLS 1.2 protocols will be used during the data transfer
3.FICE website will use SSL-certificates of high security(EV SSL)
4.Passwords and access keys will support internal protocols of operational safety, approved by ADAB Solutions
5.FICE will arrange regular audit of certificates and protocols of security.

newbie
Activity: 5
Merit: 0
how your company is planning to provide the security for your exchange platform? I mean, for every exchange out there it is the most important thing and needs to be prioritized as that.
member
Activity: 504
Merit: 16
you mentioned, you have an international team. What countries your team members are from?
Hello, friend. That's a good question. We have team members from 6 countries: KSA,Uzbekistan,Kazakhstan,Tunisia,Yemen,UAE. We are planning to engage more team members, as our project expands
member
Activity: 504
Merit: 16
member
Activity: 168
Merit: 10
you mentioned, you have an international team. What countries your team members are from?
Hello, friend. That's a good question. We have team members from 6 countries: KSA,Uzbekistan,Kazakhstan,Tunisia,Yemen,UAE. We are planning to engage more team members, as our project expands
newbie
Activity: 5
Merit: 0
you mentioned, you have an international team. What countries your team members are from?
member
Activity: 168
Merit: 10
by first sight i think ADAB platform is exciting and as a moslem man i wish success for them but i know that emotions in the technology filed not enough for strong competition for others , so just i wish that ADAB has strong technology to attract non-moslem investors since i haven't wide idea about the technical parts of this platform and how is it strong comparing by other projects and platforms in this field , my wishes for your platform by success and i will support  u as i can .  
Hi, firstly here I would like to clarfy that we don't try to exploit emotions and we are really compete the others technically and by the business model we adopted so that we are talking to all people regardless their religions or nationalities.
Regarding the technical principles of FICE , the FICE creates a technological services that will provide both traders and investors with the optimal set of tools ,for more information please refer to the Whitepaper and the Github for ADAB . (https://github.com/adabsolutions)

many thanks, i will check and follow the experts reaction about your project .
you can find expert ratings on websites such as: icobench.com, foundico.com, trackico.io. Expert ratings are available as well, you can check it out.
member
Activity: 504
Merit: 16
member
Activity: 182
Merit: 25
Bitcoin=Decentralization+ Consensus+High sec=TRUST
by first sight i think ADAB platform is exciting and as a moslem man i wish success for them but i know that emotions in the technology filed not enough for strong competition for others , so just i wish that ADAB has strong technology to attract non-moslem investors since i haven't wide idea about the technical parts of this platform and how is it strong comparing by other projects and platforms in this field , my wishes for your platform by success and i will support  u as i can .  
Hi, firstly here I would like to clarfy that we don't try to exploit emotions and we are really compete the others technically and by the business model we adopted so that we are talking to all people regardless their religions or nationalities.
Regarding the technical principles of FICE , the FICE creates a technological services that will provide both traders and investors with the optimal set of tools ,for more information please refer to the Whitepaper and the Github for ADAB . (https://github.com/adabsolutions)

many thanks, i will check and follow the experts reaction about your project .
member
Activity: 504
Merit: 16
by first sight i think ADAB platform is exciting and as a moslem man i wish success for them but i know that emotions in the technology filed not enough for strong competition for others , so just i wish that ADAB has strong technology to attract non-moslem investors since i haven't wide idea about the technical parts of this platform and how is it strong comparing by other projects and platforms in this field , my wishes for your platform by success and i will support  u as i can .  
Hi, firstly here I would like to clarfy that we don't try to exploit emotions and we are really compete the others technically and by the business model we adopted so that we are talking to all people regardless their religions or nationalities.
Regarding the technical principles of FICE , the FICE creates a technological services that will provide both traders and investors with the optimal set of tools ,for more information please refer to the Whitepaper and the Github for ADAB . (https://github.com/adabsolutions)
member
Activity: 504
Merit: 16
The Adab Solutions project has no analogues in the world. Today, 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.

yeah, totally agree with you, there is no comparison to ADAB presently in the crypto community and that is why it is the first Islamic crypto exchange which is base on the shariah doctrine, this is an important aspect of this project because it gives room for the Muslim crypto enthusiast to fully take part and engage in trading, this is very good project, but not everybody may see it that way because of the restrictions of the shariah norms.
Thanks for your words, for those people who will take it the wrong way they will understand soon or later that the Shariah norms is applicable and it can be applied to the crypto market intuitively.
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