🌐 Unlocking the Potential of Digital Zakat: Islamic Coin's Impact on Charitable Giving
Islamic Coin (ISLM) emerges as a groundbreaking force,transforming charitable giving in the Muslim world. This Shariah-compliant cryptocurrency, native to the Haqq Network,introduces innovative solutions to the age-old practice of Zakat.
Digital Zakat on the Blockchain: A Revolution in Giving:
Islamic Coin leverages blockchain technology to bring transparency and efficiency to the distribution of Zakat,an obligatory principle in Islam. Through its decentralized platform, ISLM facilitates peer-to-peer remittances among the global migrant labor population,acting as a store of wealth with a unique purpose.
Evergreen DAO: Channeling Capital for Real-World Impact:
At the heart of Islamic Coin's philanthropic endeavors is the Evergreen DAO,a non-profit endowment that automatically allocates 10% of each ISLM issuance to charitable giving. This pioneering approach ensures that funds are directed toward solving real-world problems, transcending the conventional focus on crypto tech communities.
Empowering Mosques and Charity Organizations :
With 3.6 million mosques globally in need of digitized tools for charitable fundraising and community engagement, Islamic Coin steps in as a tech-powered alternative. The blockchain technology ensures that every transaction remains Shariah-compliant,offering confidence to charity organizations that their funds are utilized for a higher purpose.
Shariah Compliance and Global Recognition:
Islamic Coin's commitment to Shariah compliance is reinforced by a Fatwa from leading scholars,including Sheikh Dr. Nizam Mohammed Saleh Yaquby. Moreover, gaining pre-approval in Indonesia, the country with the world's largest Muslim population,positions ISLM as a pioneer in the intersection of cryptocurrency and Islamic finance.
Visit https://islamiccoin.net for more updates and insights.
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