Exciting news in the world of cryptocurrency! Islamic Coin, a Sharia-compliant digital asset, has successfully raised $200 million from ABO Digital, the digital asset investment arm of the ABO group. This brings the total funding for the project to an impressive $400 million. #CryptoFunding
With this latest capital injection, Islamic Coin aims to secure access to an additional $200 million in funding, providing the project with a long and stable runway for its future growth and development. This is a significant milestone for the Sharia-compliant market. #DigitalAsset
ABO Digital's CEO, Amine Nedjai, expressed excitement about partnering with Islamic Coin and commended the project's ambitious vision and strong team. This collaboration marks a revolutionary step in introducing digitization to the Sharia-compliant market.
In addition to the funding, Islamic Coin has also signed a memorandum of understanding with the UK-based DDCAP Group. This partnership will pave the way for the development of various solutions for Islamic Finance, including a Shariah-compliant alternative to SWIFT. #IslamicFinance
The collaboration between Islamic Coin and DDCAP Group will also explore the possibilities of digital asset platforms, central bank digital currencies, and tokenization. These developments have the potential to reshape the landscape of Islamic Finance.
Co-founder of Islamic Coin, Mohammed AlKaff AlHashmi, expressed his team's commitment to building a game-changing financial platform that combines ethics with the traditions of Islamic Finance. The project has garnered support from MENA leaders and Islamic finance experts.
Islamic Coin's success and the significant funding it has received reflect the growing interest and potential of Sharia-compliant cryptocurrency. With its innovative approach, this project is set to revolutionize the Islamic Finance industry and provide new opportunities for investors. #Cryptocurrency
Stay tuned for further updates on Islamic Coin as it continues to make waves in the world of Sharia-compliant digital assets. The project's partnerships and funding support are paving the way for a more inclusive and ethical financial ecosystem. #IslamicCoin
Find more: https://islamiccoin.net/