Shariah-Compliant Islamic Coin Raises $200m, Beating All Records in 2022

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Private sale of the Islamic Coin, which is Shariah compliant, has brought in $200M from private international buyers. The crypto, targeting the world’s 2 billion Muslim population and ethics-first crypto adopters have broken all records, becoming the top private sale raise in 2022 and the top 10 raise in history.

The Shariah-compliant digital currency has gained a Fatwa, issued by the world’s leading experts in Sharia Law. The edict was led by Sheikh Dr. Nizam Mohammed Saleh Yaquby, recognized as ‘The Gatekeeper’ of a $2 trillion market for Islamic financial products.

This award-winning group includes prominent traditional and Islamic Finance figures such as Peter Rafferty (ex-manager of the Abu Dhabi Investment Authority’s $600 billion portfolio) and Khamis Buloon Al Shamsi (ex-Head of the Banks Inspection Team, Central Bank of the UAE).

Co-founders Hussein Al MeezaAll three of the above have impressive resumes. Al Meeza as well as Alkaff are leaders in the fields of finance and technology. Hussein Al Meeza, who was a founding member of Emaar Properties, AMLAK Finance and Dubai Islamic Bank and a major personality in that bank’s history, is now Mohammed Alkaff, a computer scientist with over 18 years experience in artificial intelligence, machine learning, Industry 4.0 and Artificial Intelligence. Andrey Kuznetsov is a serial entrepreneur and engineer, focused on fintech, cybersecurity and network development, while Alex Malkov has consulted projects for its key members, including  AAVE, Bequant, Scalable Solutions, AADollar and other industry leaders.

Islamic Coin’s ethics-first philosophy has earned it praise in the Middle East and internationally. This digital currency is built upon a foundation of ethical and religious standards. It’s the only one that can give back to the community. The Evergreen DAO receives 10% from every ISLM issued. This DAO focuses on charitable, philanthropy, Shariah-compliant, sustainable ventures, and charity.

Islamic Coin’s Haqq Blockchain is the first Shariah-compliant and decentralized ledger. ISLM will launch soon on top-tier markets.

 

 

 

 

 

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