Topic: Qintar: the First Sharia-Compliant Token Is Launched In April 2019 (Read 336 times)

What does Sharia-Compliant mean?

• Basically QINTAR was built on the blockchain strength of decentralization, easy to trade digital currency while maintaining safe trading and proper screening of funds to ensure system is not abused and is in line with the moral protocols and principles.
• All Transactions, activities, and dealings are all compliant with the Islamic principles (Shari’ah). This entails (but is not limited to) omitting dealings that include unethical products/services, alcohol, money laundry, unknown origins of funds, etc.
• The origin of the capital or the fund raises is legal, coming from bank accounts and checked by an KYC/AML Agency as the mixing of money legal and illegal, makes the whole thing illegal in Sharia Compliant low.
• The capital that created the ISL-Blockchain came from legal funds.
• All the products that will come out from ISL-blockchain will be morally acceptable and Sharia Compliant.
• ISL-Blockchain doesn’t take interest from anyone or from funding any projects that may happen in the future from a future coin or payment token.
• ISLBlockchain will never makes a fund or create a coin for a client that they might use this fund for illegal activities.

However; That doesn't mean that ISL Blockchain is only for Muslims, Sharia-compliant is for everyone, being ethical and being morally acceptable is a global thing, ISL-Blockchain is for everyone.

And that is why ISL-Blockchain has its own network, even though a lot of cryptocurrencies have good intentions for sure and have nothing to do with that , but ISL-Blockchain has to start new from scratch.

So, what is the solution of Qintar?

• Qintar cryptocurrency has a bank account in Switzerland
• Qintar guarantees high security and extremely safe 
• Qintar is the digital currency that is KYC/AML compliant
• All Qintar initial buying is supervised by Finma (Swiss Financial Market Supervisory Authority)
• Qintar has meticulous website auditing to ensure security and safety
• , and more..

Qintar believes that it has more chance to get legal approval by countries as a considerable number bans the use and trading with Cryptocurrency due to its risk of entailing unethical and illegal activities.

Thank you for the response, was away for some days, wondering why listing the company not the person that is directly involve on the project.

Is there something native in this coin's blockchain or wallet that would prevent someone from spending Qintar on hookers and blow?

Fascinating.

thank you for your prompt response.
will be watching your project. most likely you should give a request for large investors in dubai area or somewhere near it. think there you will quickly collect the necessary funds to start than just on the market.

QINTAR ( https://qintar.ch ) is a Sharia-compliant cryptocurrency used both as a means of payment as well as a utility token. Every
year, over 2 million pilgrims from all over the Muslim world travel to Saudi Arabia for the Hajj. Many of these pilgrims travel from far
places. The carrying of large sums of money
to cover pilgrims’ expenses is problematic and can also pose safety issues. To solve this issue, Qintar Capital has created the Qintar
digital wallet.

lmao so a shitcoin dedicated to a disguting outdated perverse idiotic belief now?  i think we've hit rock bottom lol!

Yes true that in sharia forbidden usury but not only, but also forbids contribution in gambling, mortgage, bribe, and commercial activity related to the production of alcohol, which already done by QINTAR, additionally Qintar focused on products and services in the holy cities, if you need any details please don't hesitate to contact [email protected]

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ISL Blockchain is proud to invite you to the launching of our first coin "QINTAR" on 12-April-2019 From 5 to 8 in the evening at "GRAND HOTEL KEMPINSKI GENEVA, Geneva, Switzerland.

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Dear @bitcoindusts,
Thank you very much for your interest;
Qintar cryptocurrency project was initiated and managed by the co-operation between companies, and you can find more about companies' directors, CEOs, advisors and Islamic Fatwa issuers on the white paper: pages 11,15 and 16.

did not understand where the muslim laws and cryptocurrency here. if remember correctly in sharia forbidden only usury. and cryptocurrency works in a completely different way. which means your project does not solve anything and not needed  by muslim people and investors.

Thank you for your interest,
Qintar generally follows Islamic morals, thus Qintar will never contribute in gambling, mortgage, bribe and other immoral activities, in addition to this, Qintar Coin will never be linked to any commercial activity related to the production of alcohol and tobacco productions, these restrictions are added for moral reasons.

Islamic rules on transactions are called Fiqh al-Muamalat. Typically, financial transactions with Qintar are a culturally distinct form of ethical investing.

For more details, please contact us :
[email protected],
Website: https://qintar.ch

Also you can find about QINTAR Fatwa on: https://youtu.be/E0xhh01Jn-s

Looking at your website, I cannot find people who are involved with this project, only list of company.  I looked at one of those company and can't find any announcement about Qintar (probably I missed it).  I believe, investors will more likely to trust the project if they knew the specific people behind the project and their capability.

An interesting project but could you provide those sharia rules that you want to follow.

Qintar Capital Switzerland and ISL-Blockchain Sàrl, two Swiss companies specializing in Islamic Finance, announce the upcoming launch of Qintar – the world’s first Sharia-compliant token. This token is based on Islamic Blockchain (ISL). Qintar will be officially launched on April 12, 2019.


Introducing Qintar - the Global Crypto Ecosystem
Qintar is a Geneva-based but globally focused cryptocurrency ecosystem which is the real first sharia compliant token and other financial institutions.
Qintar leverages the latest in blockchain technologies to trade in the most effective way for our users. With full transparency as well as ISL secured and speedy technology users can buy and sell tokens without intermediaries - in short, you are in control of your trades.

Qintar Makes Waves with the Innovative ISL Blockchain
The experienced team has been busy expanding the app and is using the ISL blockchain for this purpose.
Initiated in 2018, the ISL blockchain project was launched to change the way that cryptocurrencies are designed and developed - the goal is to provide a blockchain environment that integrates the needs of users, systems and the markets.
The ISL blockchain is a coming together of innovation and new ideas - combining the best of tech engineering practices with the latest in design strategy the decentralized ISL network links the user with the Qintar.

The True P2P Network
With Qintar it is only the traders that control their transactions, data, and strategy without third party interference! Every transaction is digitally signed and timestamped - this allows the token holders to trace every transaction, safe in the knowledge that the ISL blockchain’s audit quality is working for them.
Once initiated the transaction cannot be canceled or frozen - forgery is eliminated and allows traders to accept as many international transactions as they wish! The Qintar platform ensures the following:

• Sharia Compliant Token: It is based on Islamic Blockchain (ISL) – a private blockchain that has received a Fatwa from several Islamic scholars and researchers which can only be bought through a direct transfer to Qintar Capital’s bank account in switzerland preventing forgery risks, to comply with Sharia law.
  
• ISL Blockchain: All financial products and contracts issued via ISL Blockchain are in accordance with Islamic principles: no Riba (payment of interest), no prohibited activities such as alcohol, gambling, pornography, etc.
  

The Future is Bright with Qintar
Qintar believes in the ISL blockchain - as such they are partnering with companies in different sectors to make online transactions easier, faster, less costly and more convenient for the users. Moreover, Qintar services such as airline bookings and hotel reservation or even Udhiyya, livestock for sacrifice using a crypto-wallet on a mobile device through Qintar channels (Seitra, Udhiyya) which is Qintar Immediate Goal.
From institutional and private investors to individual traders and individuals, they have attracted great interest - the plans are solid, the platform is strong and the market is embracing Qintar, as a huge conservative investments will be implemented in the future.

Why Qintar?
Qintar solves many of the problems associated with cryptocurrencies and blockchain solutions - what makes it different is that Qintar sales request is completely transparent and visible - the users can cancel their transactions at any time. It is only a matter of time before Qintar becomes the industry standard!

Qintar Capital Switzerland is a financial advisory firm specializing in investments, accounting, auditing, regulatory bodies, Islamic banking, manufacturing, and other business areas. The company is headquartered in Geneva, the world's major financial center. The management team of Qintar Capital Switzerland possesses extensive regional and international experience. Further information is available on the company's website: https://qintar.ch.

Contacts:
[email protected]

Website:
https://qintar.ch

White Paper:
White Paper

Social Media:
Facebook Page: https://www.facebook.com/Qintarcoin-417684415643114
LinkedIn Page: https://www.linkedin.com/company/19120087
Instagram: https://www.instagram.com/qintar.capital2/
YouTube Channel: https://www.youtube.com/channel/UCkKYnVs7Q0Mk2q9aQw-XIIg