Haqqex and HAQQ Announce Shariah-Compliant Digital Asset Exchange Partnership

#Haqqex , a trailblazer in Shariah-compliant cryptocurrency exchanges, has unveiled a groundbreaking partnership with #HAQQ , an EVM-compatible L1 blockchain built on the #CosmosSDK . This strategic alliance aims to revolutionize the cryptocurrency landscape by prioritizing ethics and sustainability, particularly within the Muslim community.

Exclusive Features for the Global Muslim Population

Haqqex plans to introduce unique features such as algorithmic trading, commodities trading, and peer-to-peer exchanges, tailored to cater to the global Muslim population, which exceeds 1.9 billion individuals.

Shariah Compliance Oversight

HAQQ's distinguished Shariah Board, led by Sheikh Dr. Nizam Mohammed Saleh Yaquby, renowned as 'The Gatekeeper' of the $2 trillion Islamic financial products market, will oversee and regulate Haqqex's operations. Sheikh Yaquby holds prestigious positions on the Shariah Boards of notable institutions and chairs the Accounting and Auditing Organization for Islamic Institutions (AAOIFI).

User Protection and Transparent Transactions

Haqqex will become the first exchange offering professional trading services fully compliant with Islamic law. It will implement robust user protection mechanisms against market manipulation, including practices like sandwich trading and front-running. Haqqex is committed to transparency in all transactions and order executions, ensuring a fair and ethical trading environment.

Diverse Ecosystem

HAQQ has partnered with major players in technology, finance, and consumer sectors, including Alibaba Cloud, Pyypl, and Holiday Swap.

Transforming Financial Services

This collaboration signifies a transformative era in financial services, merging Shariah-compliant offerings with established financial tools. Haqqex and HAQQ are dedicated to delivering ethical, transparent, and inclusive trading solutions to a global audience.