Zug, Switzerland, is where Islamic Coin, a Sharia-compliant cryptocurrency and blockchain platform, Haqq, was founded. They recently signed four important memorandums of understanding. These agreements are aimed at establishing partnerships with leading private and public services in the United Arab Emirates ( #UAE ), creating ties in the areas of immigration, medical and healthcare services, and travel.
Four organizations have joined the Islamic Coin - Haqq partner network
MBM Specialty Medical Center: This medical center offers specialized services for clients from all over the world.
24 Seven Government Transactions Center: A government service center that deals with various government transactions.
IV Wellness Lounge Clinic: A wellness clinic known for its innovative treatments and services.
Middle East Holiday: A well-known player in the travel industry, serving millions of customers around the world.
The main goal of this collaboration is to improve customer experience and integrate advanced technologies by leveraging the innovative capabilities of the #HAQQ blockchain and #IslamicCoin . The signing ceremony took place at the office of Sheikh Mohammed bin Maktoum bin Juma Al Maktoum and marks the beginning of some international initiatives.
Founder Mohammed Al Kaff Al Hashmi expressed his great satisfaction with these new partnerships. He emphasized the importance of expanding Islamic Coin's presence in sectors that play a vital role in people's lives, from healthcare to travel.
Islamic Coin and Haqq Network have previously partnered with London-based DDCAP Group. This partnership aims to facilitate the seamless integration of Haqq Network with more than 300 global Islamic banks. The collaboration is aimed at developing various solutions for Islamic finance, including a Shariah-compliant alternative to SWIFT - Web3, a digital asset platform, central bank digital currencies (CBDCs), tokenization, and other innovative initiatives.
This initiative opens the door for crypto products in one of the world's most powerful economies. I would like to remind you that the Advisory Board of the project includes members of the ruling families of Abu Dhabi and Dubai, who provide valuable experience and oversee the project. The Executive Board consists of prominent representatives of both conventional and Islamic finance, including figures with extensive experience in Islamic banking and global finance, so it is worth paying close attention to this project and following it, this is my advice to you.
This partnership and expansion of the network is indicative of a broader trend where blockchain and cryptocurrencies are increasingly being integrated into various sectors and industries around the world, including those that adhere to ethical and Shariah principles.
#crypto2024 #Crypto2023
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