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Sharia-Compliance

Islamic Coin harmonizes tradition with modernity, uniting Sharia compliance with blockchain technology to forge a pioneering platform in Islamic finance. Upheld by Halal Investing principles and safeguarded by our innovative Sharia Oracle, Islamic Coin stands as a testament to the thriving of traditional Islamic values in the digital world.

Fatwa

Issued by the World’s leading authorities in Islamic Finance, Islamic Coin has been provided a Fatwa based on the Holy Teachings of the Quran.
FatwaEnglish
FatwaArabic
English versionArabic versionIndonesian version

Islamic Coin Shariah Board

Sheikh Dr. Essam Khalaf Al-Enezi
Sheikh Dr. Essam Khalaf Al-Enezi
Sheikh Dr. Nizam Mohammed Saleh Yaquby
Sheikh Dr. Nizam Mohammed Saleh Yaquby
Sheikh Mohamed Abdel Hakim Mohamed
Sheikh Mohamed Abdel Hakim Mohamed
Sheikh Dr. Mohamed Zoeir
Sheikh Dr. Mohamed Zoeir
Sheikh Mohamed Fathiddin Beyanouni
Sheikh Mohamed Fathiddin Beyanouni

Foundations of Halal Investing

Embarking on your journey with Islamic Coin, you'll find the 'Foundations of Halal Investing' interwoven into our operations. We harmonize Islamic traditions with modern finance, ensuring you engage with a platform that marries timeless ethos with the dynamism of the digital age.

Profit sharingRiba prohibition (unjust, exploitative gains)Gambling prohibitionInvesting in lawful activities onlyUpholding of ethical and moral values at all timesA thriving and functional real economy

Shariah Oracle

Shariah Oracle is an on-chain mechanism controlling a whitelist of smart contracts allowed for interaction (signing and listing in the in-app marketplace) through the Haqq Wallet.

The Shariah Oracle serves as an on-chain registry of Halal Certificates that provides smart contract developers and web2 businesses a way to prove their ethical relevance for Muslim users by listing their products/services on the Haqq Wallet.

Islamic Coin harmonizes tradition with modernity, uniting Sharia compliance with blockchain technology to forge a pioneering platform in Islamic finance. Upheld by Halal Investing principles and safeguarded by our innovative Sharia Oracle, Islamic Coin stands as a testament to the thriving of traditional Islamic values in the digital world.

Integrating the Shariah Oracle with Haqq Wallet will ensure that users interact only with whitelisted, Sharia-compliant dApps. Thus whilst being a place where anyone can deploy their dApp or project, Haqq network’s Shariah Oracle is a key measure to minimize unethical or Haram activity in our network.

Shariah board

Advisory Board

Executive Board