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Topic: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms - page 9. (Read 87084 times)

legendary
Activity: 2534
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I wondered when Kazakh/Russian/Ukrainian bounty scammer Vitali Chebotarov would use his sock-puppet fgp5 and buttnonslet logins

I just have all of these sock-puppet fake accounts on IGNORE because all they do is try to create fake hype and fake buzz and all are operated by scammer Vitali Chebotarov

The Adab haraam exchange want to steal your money with their scam 12 month long ICO. Scammers !

Please beware of Adab haraam exchange









jr. member
Activity: 238
Merit: 1
I am agree, that team has prolong pre-sale and I don't really like it. At the same time I wanna say that market conditions changed significantly, so they didn't have other choices rather than extend pre-sale and shift dates. Not only Adab did that, but other ICOs as well.
I see a tendency that many projects do not simply prolong ICO, but completely stop it or pause it.

Those teams that have money in stock stop the sale of tokens and start working without investors. Then they will have time to prepare the application until the moment when the market rises.
Much depends on how much money you need to start. Not always available capital is enough.

You're right. To implement different ideas need different amounts of money. Therefore, some teams can create their own products, while other teams turn to investors for help.
jr. member
Activity: 245
Merit: 1
Stop arguing guys. This ICO have perspectives and I don't want to see this attitude with accusations.
They do their best to release Adab exchange!
There is not much time left to wait. let's see if it will works or not. I hope it works out.
jr. member
Activity: 62
Merit: 1
I am agree, that team has prolong pre-sale and I don't really like it. At the same time I wanna say that market conditions changed significantly, so they didn't have other choices rather than extend pre-sale and shift dates. Not only Adab did that, but other ICOs as well.
I see a tendency that many projects do not simply prolong ICO, but completely stop it or pause it.

Those teams that have money in stock stop the sale of tokens and start working without investors. Then they will have time to prepare the application until the moment when the market rises.
Much depends on how much money you need to start. Not always available capital is enough.
jr. member
Activity: 168
Merit: 1
What an approach! I think these reputable members of Council will make right decisions and haters won't be involved in this discussions anymore. If members of islamic finance, really professional guys check Adab and approve it , then there won't be any problems with haters

If the project is tested, then it will work in the market for a long time. If we follow the development of the project, we will soon find out whether we are right or not.
legendary
Activity: 2534
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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.


You are right because this project is a SUPER-SCAM without doubt.

Thank you for helping expose the Adab haraam exchange scammers. It is clear they are not following Shariah.

They are not a religious organisation or company, not at all. I agree with your views.

I am not sure at this stage exactly how they will be able to launder money but in the coming days I am sure we will learn more about these Kazakh scammers along with their Russian/Ukrainian sock-puppets that keep pumping this thread. Then we will be able to discover what their scam involves because all evidence points to them running of with the pre-ICO and ICO funds an them not going to even launch a project because their MVP exchange is a $5 template using freebie tradingview.com plugins.

Thank you again for your efforts in helping to expose these scammers.
legendary
Activity: 2534
Merit: 1713
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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.



Yes I completely believe you. Thank you for your post.
full member
Activity: 448
Merit: 100
What an approach! I think these reputable members of Council will make right decisions and haters won't be involved in this discussions anymore. If members of islamic finance, really professional guys check Adab and approve it , then there won't be any problems with haters
jr. member
Activity: 168
Merit: 1
Quote
the most important difference lies in the fact that in our company one of the most important governing bodies and decision-making centers suppresses the Council on Islamic Finance. Members of the Council are reputable experts in the field of Islamic law and Islamic finance, experts in the field of Islamic banking and the cryptocurrency market. The minimum composition of the Council is at least 3 permanent members and at least 2 advisors.

It turns out that 3 advisors will be permanently on the Council, but 2 other advisers may change?
legendary
Activity: 2534
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Here comes another post from sock-puppet accounts from the Kazakh/Russian/Ukrainian bounty scammer Vitali Chebotarov just keep this thread pumped.

Now Charisma359 posted with another incoherent post. Sock-puppet scammers.
jr. member
Activity: 238
Merit: 1
Quote
ADAB Solutions guarantees the absence of excess Garar in transactions (al-Gharar al-Qasir). Garar (or speculative, excess risk) is not acceptable according to Sharia norms. All types of transactions that will be technically possible on the exchange will be checked for availability of a guarantee by the Islamic Finance Council. Under the FICE exchange, under no circumstances will deals be made for market manipulation. This ensures compliance with the condition of sharing the risk of making profits and losses between the parties to the transaction, in the case of transactions involving the occurrence of such risks.

Well, I was not mistaken. Control on the trading platform Adab will be implemented. This is one of the advantages of the platform.
legendary
Activity: 2534
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Look Aleksandra 81 sock-puppet account posted right on cue.

Now watch for more posts from sock-puppet accounts from the Kazakh/Russian/Ukrainian bounty scammer Vitali Chebotarov just keep this thread pumped....
member
Activity: 434
Merit: 11
Come on, I am supporter and just wanna get some updates about this Adab ICO! This is what I wanna get from this topic.

I am also interested in this project. Because new exchanges spend a lot of different stocks to attract a large number of traders. I want to be among the first to take part in these promotions, if the Adab team conducts them.
legendary
Activity: 2534
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it is so funny seeing Aleksandra 81, AlexMilton, Freddy63 posting to each other along with the usual suspects drrekkty, minttop, Pline, daly896, Charisma359 so many others  Grin

All these accounts are operated by Kazakh/Russian/Ukrainian bounty scammer Vitali Chebotarov. He uses them to pump threads in the hope generating fake buzz and fake hype.

Most of the Kazakh/Russian/Ukrainian sock-puppet fake accounts are listed here: https://bitcointalksearch.org/topic/russian-scammers-whitetoo-520bit-royalteam-vitaliiinvest-mari-royalteam-5077842
member
Activity: 434
Merit: 10
SESSIA
Thank you for sharing information about Garar.
I've never heard about it earlier, so now it is something more clear for me. Adab selected difficult industry.
member
Activity: 168
Merit: 10
Quote
To get an extra bonus 10%, you must buy tokens within 3 days after registration.

How many tokens must the exchange client buy within 3 days after registration in order to receive 10% bonuses?


The minimum investment amount is 100 adab tokens.


Quote
To get an extra bonus 10%, you must buy tokens within 3 days after registration.

How many tokens must the exchange client buy within 3 days after registration in order to receive 10% bonuses?
I think there is no restrictions, it is up to you and how much are you going to purchase? Buy what you can afford to lose

It is good that there will be no restriction for customers regarding the amount of tokens purchased for bonuses. Then all registered users can receive 10% of bonuses.


The minimum investment amount is 100 adab tokens. 1 token costs 0.1 $. That is, you can invest from $ 10.


It is difficult to create and launch a trading platform in the cryptocurrency market that will comply with Sharia norms. Because before launching the stock exchange will be checked by the representatives of Sharia. Otherwise, Muslims will not trade on this exchange.
There is a truth in your words. It seems to me shariah followers should check everything properly in order to make right choice!

If a new project has to work with the observance of Sharia law, it means that someone must check the work of the project and notify the clients of the platform that everything is in order and there are no violations.


the most important difference lies in the fact that in our company one of the most important governing bodies and decision-making centers suppresses the Council on Islamic Finance. Members of the Council are reputable experts in the field of Islamic law and Islamic finance, experts in the field of Islamic banking and the cryptocurrency market. The minimum composition of the Council is at least 3 permanent members and at least 2 advisors.


Quote
Yes, your purchased tokens will be available immediately after the completion of the ICO.

Will investors get their purchased tokens to the accounts of their wallets or to the trading account of the Adab Exchange?


after completing the ICO project, you can withdraw purchased tokens to your wallets from which payment was made.


Hmm, launching in June is too long to wait.
I think islamic crypto exchange can be launched earlier or you need extra time for SEC approvement?


The official launch of the exchange is scheduled for July 31. Up to this point we will check the exchange for security and functionality.


If a new project has to work with the observance of Sharia law, it means that someone must check the work of the project and notify the clients of the platform that everything is in order and there are no violations.
I am not sure if there is a special entity checking out and verifying work of projects related to islamic banking. Do you have information about it?


ADAB Solutions guarantees the absence of excess Garar in transactions (al-Gharar al-Qasir). Garar (or speculative, excess risk) is not acceptable according to Sharia norms. All types of transactions that will be technically possible on the exchange will be checked for availability of a guarantee by the Islamic Finance Council. Under the FICE exchange, under no circumstances will deals be made for market manipulation. This ensures compliance with the condition of sharing the risk of making profits and losses between the parties to the transaction, in the case of transactions involving the occurrence of such risks.


Lol, how can it be a free template? Do you think they raised 3 million of dollars and just used free template? I can't believe, because they communicate with investors and show them proofs, so with free template nobody would give them money. I think they work hard to create this FICE


This is our own development. But this is not a purchased plugin. We are working hard, and the beta version of the exchange will be available soon.


This thread was supposed to be used as a tool to scam newbies and gullible investors.

It is so funny when SergeyZ has a post replied to by buttnonslet who then replies to MoLoKo789 who decides to reply to Aleksandra 81 who posts to drrekkty who posts a reply to Pline who receives a reply from Genrix who asks a question directed at Ring8523 before posting a message to Charisma359 then it is answered by AlexMilton...

.. all those sock-puppet accounts and more are operated by a single scammer Russian/Ukrainian bounty scammer alliance so effectively they are posting to each other to pump the thread hoping to create fake buzz and fake hype yet it is all by one person: https://bitcointalksearch.org/topic/russian-scammers-whitetoo-520bit-royalteam-vitaliiinvest-mari-royalteam-5077842




This is a forum for communication. Perhaps they have additional questions. We do not forbid to write here, even you.


Hmm, what about types of accepted crypto currencies?
I believe there should be something like special shariah coin, you know?


The Council of Islamic Finance is an independent body that monitors compliance with the principles of Islamic finance.
The Islamic Finance Council will make major decisions on admitting one or another cryptocurrency to trading.
In addition to standardized procedures for checking compliance with Sharia norms, the Council makes a final decision, compliance with which is mandatory for the management of the company and all its structures.


How would you estimate a potential of adab coin in let's say 3 years?
Do you have any plans to boost token price ?


You can read about all plans and forecasts for the growth of the token in the financial forecast.
https://adabsolutions.com/docs/ff/en_ff.pdf


How is going your pre-sale round? Any news on collection progress? Do you collect money in fiat or crypto?


You can buy tokens using cryptocurrency: Bitcoin or Ethereum.
The smart contract address will be published during the crowdsale. Since it will begin public sales. Now we don't have the right to show a smart contract and any evidence.  Now there is a stage "private sale." At this stage, the amount of funds raised is not disclosed and facts are not shown.


hey, how do you think about popularity of this exchange in other countries? Will there be a demand somewhere besides UAE?


The growth of the Islamic Finance sector is 12%, while the global market of Islamic Finance assets exceeded 2 trillion. dollars with a projected growth of 3.78 trillion dollars by 2022. The Islamic Ummah covers more than 120 countries in Europe, Western, Central, Southern and Southeast Asia, and North Africa, which account for 22% of the world's population.


There is nothing Shariah about this scam.

Please beware of the Kazakh/Russian/Ukrainian controlled sock-puppet fake accounts trying to create fake hype and fake buzz by pumping this thread.

I have put them all on IGNORE because I do not want to read their scam posts. Please do the same.

Several have been permanently banned but so many remain active until moderators permanently ban them.

I have listed most of them here, please avoid them: https://bitcointalksearch.org/topic/russian-scammers-whitetoo-520bit-royalteam-vitaliiinvest-mari-royalteam-5077842


If you ignore our messages and do not want to read them, what are you doing here? We do not force anyone to invest in our project, read our posts and write messages here. If you don’t like something, you can simply get out of this topic.

legendary
Activity: 2534
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There is nothing Shariah about this scam.

Please beware of the Kazakh/Russian/Ukrainian controlled sock-puppet fake accounts trying to create fake hype and fake buzz by pumping this thread.

I have put them all on IGNORE because I do not want to read their scam posts. Please do the same.

Several have been permanently banned but so many remain active until moderators permanently ban them.

I have listed most of them here, please avoid them: https://bitcointalksearch.org/topic/russian-scammers-whitetoo-520bit-royalteam-vitaliiinvest-mari-royalteam-5077842
member
Activity: 168
Merit: 10
I am agree, that team has prolong pre-sale and I don't really like it. At the same time I wanna say that market conditions changed significantly, so they didn't have other choices rather than extend pre-sale and shift dates. Not only Adab did that, but other ICOs as well.
I see a tendency that many projects do not simply prolong ICO, but completely stop it or pause it.
That's right. And point is that Adab has funds for development, so they just extend it for a while. Also as far as I know they increased bounty pool, so this won't hurt bounty participants. For bountists it is even better to work with bigger pool of tokens. So everything is ok at the moment.


Yes that's right. We have extended presale, but This does not affect the roadmap. For the bounty of the company has also been increased.


there is no problem if ADAB extends the ICO, but this can make ADAB exposed to FUD,
the team must be really strong to face the FUD later
yeah, FUD is gonna happen, people don't like changing dates of ICO and here we see exactly changing dates.
Hope there will not be fudders


We have extended presale, but This does not affect the roadmap.


I can't agree that current ICO isn't legit. Look at their team, why don't you like it? All of them have experience in crypto and banking.
As far as I know, members of the team have gone through the KYC procedure.
That's right. Absolutely. This is the reason why I am here.
I don't invest in ICOs without transparency and here they verified identities.
I'm still watching. I do not like the current market situation. Now investing money is a big risk.


Yes, I agree with you. Now is a very difficult period for cryptocurrency. But now is the best time to invest. Soon the cryptomarket will grow again.


I am agree, that team has prolong pre-sale and I don't really like it. At the same time I wanna say that market conditions changed significantly, so they didn't have other choices rather than extend pre-sale and shift dates. Not only Adab did that, but other ICOs as well.
I see a tendency that many projects do not simply prolong ICO, but completely stop it or pause it.
In such a market is difficult to raise funds. I am waiting for ADAB to confirm the collected funds


We have reached a soft-cap. The amount set as a soft cap was $2.5 mln, and reaching that amount represents the beliefs of investors in the successful future of the digital product. We have raised $3.5 million so far and we are not stopping there. We have been working hard to hit the numbers, and we would never be able to do that without a tremendous support we got from our community


Why do you need a exchange that complies with Sharia rules? This is the most ridiculous thing in the world.


Many Muslims are not informed or mistaken about the compliance of cryptocurrencies with Sharia norms. Therefore, they avoid investing in any cryptocurrency assets. One of the most important distinguishing features of our project is the management of the company in accordance with the Islamic management model, which complements the generally accepted standards of business management.


legendary
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DUDE! for real? do you think having an open account will change anything? Following your words, everyone who has no idea in religion can Make an ICO and collect money for own goods. They will never say where did they collect fiat money, They will never show you the smart contract (Just because it is freaking wallet), They sell tokens with 150% bonus, OMG come on!

DO you really think it is the legit project?




They are scam. This thread is being propped up by regular posting by sock-puppet fake accounts run by Kazakh/Russian/Ukrainian bounty manager scammers trying to create fake hype and fake buzz. I have all the  Kazakh/Russian/Ukrainian sock-puppet scammer accounts on IGNORE because they are pathetic fools sending posts to each others to pump the thread.

They are having a "pre-sale ICO" for 6 months which started in August 2018 and will end in February 2019. Then they will have an "ICO" between February 2019 and August 2019.

They stated they will give scam 150% bonus with their offers !

Adab Haraam exchange = major scam



member
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