👉New Cryptocurrency $ISLM, Introduction & Fundamentals🎯

📅Scheduled Launch 🚀: 10 October 2023

👉Islamic Coin (ISLM) Explained:

Islamic Coin is a cryptocurrency that is created to comply with Shariah law, which forbids activities such as charging or paying interest (Riba) & gambling or uncertainty (Gharar). It aims to offer a digital asset that is Shariah-compliant, making it attractive to the Muslim community, as well as investors who want ethical and Shariah-friendly investments.

👉Main Features of Islamic Coin:

▶️ No Interest (Riba):

Islamic Coin's smart contract technology ensures that there are no transactions that involve interest, which are considered haram (prohibited) in Islamic finance. For example, if a user wants to lend or borrow ISLM, they can do so without paying or receiving any interest.

▶️ Backed by Assets:

$ISLM is designed to be backed by physical assets or commodities, ensuring that it has real value. This aligns with the Islamic principle that money should be based on something tangible. For example, ISLM could be backed by gold, silver, or other precious metals.

▶️ Ethical and Transparent:

The blockchain technology underlying Islamic Coin promotes transparency and reduces the risk of fraud or unethical practices. For example, all transactions are recorded on a public ledger that anyone can access and verify.

▶️ Zakat Integration:

Islamic Coin can be designed to integrate Zakat, the Islamic practice of giving a portion of one's wealth to those in need, making it easier for users to fulfill their religious obligations. For example, users can choose to automatically donate a percentage of their ISLM holdings to a Zakat fund every year.

👉Post launch expectations 💹

The success and performance of $ISLM after its launch will depend on various factors, including market sentiment, adoption, and the project's ability to adhere to its Islamic principles.

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Disclaimer: (This is not an investment advice. Viewers are requested to kindly conduct 'DYOR' before making any investment decisions. Non-Sponsored Content.)