Islamic Coin (ISLM) : A Shariah-Compliant Digital Currency Empowering the Global Muslim Community ๐
Islamic Coin (ISLM) emerges as a groundbreaking financial instrument designed to cater to the specific needs of the global Muslim community. Rooted in Shariah principles,Islamic Coin is the native currency of the HAQQ Network,a layer-one blockchain built on the Cosmos SDK.
One of the distinctive features of Islamic Coin is its decentralized nature.The coin is minted (issued) through the contributions of validators and stakers on the network,fostering a system where the price is determined solely by the market,ensuring fairness and transparency.
Islamic Coin introduces a groundbreaking concept through the Evergreen DAO,a non-profit virtual foundation dedicated to long-term sustainability and community impact. Every time new coins are minted,10% is deposited into the Evergreen DAO,earmarked for investments in Islamic projects and charitable endeavors. This unique approach brings direct economic value to the community,setting Islamic Coin apart in the cryptocurrency space.
The vision of Islamic Coin extends beyond a mere digital currency. It aspires to create a global, inclusive and ethical financial ecosystem aligned with Islamic principles.The mission is clear: empower the world's Muslim community with a financial instrument for the digital age, fostering seamless transactions,innovation and philanthropy.
For more information visit https://islamiccoin.net
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