Muslims – represent the big number of developing countries with a great potential for economic growth and the richest countries in the world, such as, the United Arab Emirates, Saudi Arabia, Kuwait, Brunei, Bahrain, Turkey, Oman, Malaysia and other countries.
The majority of over 1.8 billion Muslims have serious Shariah restrictions that regulate their lives, including all aspects of financial relations.
Islamic banks and financial organizations is the fastest growing sector of the global finance. With more than 3 trillion dollars capitalization and annual growth rate of 12%.
Cryptocurrencies market in this sector is underdeveloped due to ambiguous attitudes towards them in some Muslim countries and an obvious ban because of religious reasons. However, the situation is changing rapidly and more interest has been shown.
For a better and faster development of this market, it is necessary for exchanges to operate in accordance with the principles of Islamic finance. Existing exchanges getting certificates of Shariah compliance, but they do not deal with cryptocurrency issues from the Islamic finance point of view.
First Islamic crypto exchange - (FICE) is the only crypto-exchange in the world that has its own Sharia Advisory Board consisting of prominent Islamic leaders, who monitor the compliance of exchange operations with the principles of Islamic finance. This builds a trust to the project in an Islamic environment all around the world.
FICE Exchange is not just complied with the rules of Islamic finance, it also actively promotes cryptocurrency, creates the ecosystem necessary for Muslims - the relevant information portal (ADABCRYPTO), a charitable foundation (ADAB CHARITY), Donate money to charity and creates a platform for launching Halal (corresponding to Islamic finance) cryptocurrency projects (ADAB PROJECT).
FICE develops new markets for cryptocurrencies, involves new users regardless of religion and views, thereby giving a rise to cryptocurrency capitalization, which is very important for ICO participants, providing an opportunity to make good money on perspective project.
