I could not find a description of how this exchange will fully comply with Sharia law. I am just interested.
This project is a scam because it claims to be Shariah complaint but it is a lie, this is not a Halal or Shariah compliant project.
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
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.
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.
Well first of all thank you for your post. It is refreshing to read a real post rather than sock-puppets flooding the thread.
I did not even think about the ERC20 structural part of their plan, I only wanted to ask about and highlight the lack of due-diligence on part of Adab Solutions by not going to extreme lengths to ensure to try their best to ensure the sources of income of individual and corporate ICO investors was "clean" according to Shariah.
Thank you for highlighting the issue about the ERC20 token structural set up. I might ask about this later but for now I have asked 9 questions in total and given time for a response. The OP asked me to remove my signature before he would consider it. Not only did I remove my signature I also stated I would remove any posts they want if they gave satisfactory answers within the time frame allotted to them.
6 questions were for the Kazakh team members and 3 were for the OP. I asked the OP for an apology and full explanation as to why he lied because he accused me of theft and accused me of being an ex-employee of Adab Solutions. In his answer but he gave an incoherent response saying he could effectively not comment and made no apology.
I re-iterated the need for an apology for his false accusation and will wait until 72 hours from the questions were asked before I post again asking for clarification on the remaining questions and my overdue apology.
Thank you for highlighting the ERC20 issue, I will check it out and if necessary ask the OP for a response. Did they reply to your post? I have 99% of the thread on IGNORE as they are sock-puppet flooders creating false hype so would have seen a post from you or the OP but never found one.