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Topic: IslamCoin Project - page 2. (Read 238 times)

legendary
Activity: 1596
Merit: 1288
March 25, 2024, 05:57:02 AM
#5
I am having a very strong Deja Vu with this thread, to be honest. If I am not wrong this OP has already opened a thread about this project of alternative currency which is supposed to comply with the Sharia law of the Muslim world or something like it.
In my personal opinion, I don't see the advantages of the project when compared to other more established alternative currencies like Ethereum and Litecoin, for example.

There is already a currency called Islamic Coin (ISLM) and its annual performance does not look good.



These projects try to exploit religious expressions to gain an injection at the beginning of the project and then it turns into any unknown altcoin.
We have Jesus Coin JESUS Christ Coin Shekel (JEW) and you will find many ideas, those scammers are creative.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
March 24, 2024, 06:13:12 PM
#4
I am having a very strong Deja Vu with this thread, to be honest. If I am not wrong this OP has already opened a thread about this project of alternative currency which is supposed to comply with the Sharia law of the Muslim world or something like it.
In my personal opinion, I don't see the advantages of the project when compared to other more established alternative currencies like Ethereum and Litecoin, for example.

If the scholars and authorities of the Islamic religion decide using this cryptocurrency is halal then, what would be the difference from using Bitcoin, Ethereum, Litecoin or any other digital asset? The only obvious requirement would be to have anything to do with gambling, alcohol or anything related to what is directly haram for muslins.  Not even mentioning how people who are of other religions won't feel attracted to this currency.
I don't want to have negative about this project, but to me it would seem OP just wants to pump this topic in order to take some advantage of the current state of the market.
legendary
Activity: 1596
Merit: 1288
March 24, 2024, 06:43:28 AM
#3
Adding religious terms to the currency does not make it valuable.
Without adding links to the project, the smart contract, whether it will be an independent blockchain or a token, you can add a lot of terms, but in the end the project is a scam.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
March 24, 2024, 06:20:06 AM
#2
IslamCoin aims to provide an innovative financial solution that aligns with Islamic values, intending to promote Sharia principles in the digital finance world.
You are briefing about a shitcoin project. It's better to go in the Alternative coin section.
newbie
Activity: 7
Merit: 0
March 24, 2024, 12:42:39 AM
#1
IslamCoin Project

1. **Sharia Compliance:** IslamCoin is a digital currency built on the principles of Islamic finance, avoiding any form of riba (interest).

2. **Justice and Transparency:** Utilizing blockchain technology ensures fairness and transparency, allowing users to monitor all financial transactions transparently.

3. **Environmental Sustainability:** IslamCoin employs energy-efficient blockchain techniques, reducing its environmental impact and making it a sustainable option.

4. **Donations and Zakat:** IslamCoin facilitates receiving donations and zakat through the designated wallet address "TCe1raXGoLREFLEtSc3Hwkf9mxfU95rHmN," ensuring transparency and reliability in the use of these funds.

5. **Independence:** IslamCoin is designed to be entirely independent of any other currency, making it a standalone and freely developable option.

IslamCoin aims to provide an innovative financial solution that aligns with Islamic values, intending to promote Sharia principles in the digital finance world.
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