ISLM(IslamicCoin): Cryptocurrency of the future!💲 For Muslims and lovers of ethical finance! 🕌💚🌙
As the cryptocurrency winter continues, with overall market capitalization down over 60%, there is still potential for growth. Islamic Coin (ISLM) is a prime example, which was able to raise $200 million in Q3 2023 and go public on the KuCoin exchange on October 10th.
What is ISLM?
ISLM is the official currency of the Shariah financial ecosystem, created to serve the global Muslim community while respecting Islamic values. It allocates 10% of every ISLM issue to Evergreen DAO, which supports Islamic and charitable projects.
Digitalization of Islamic Finance ISLM aims to digitalize Islamic finance by complying with the principles of Shariah, prioritizing the community and excluding the charging of interest to protect the needy.
Sharia Compliance ISLM received a fatwa from renowned Muslim scholars in 2022 confirming its halal status. The project is supported by well-known structures and runs on the HAQQ network.
HAQQ Network HAQQ is a Proof-of-Stake blockchain compatible with the Ethereum and Cosmos networks. It provides over 2.5 million accounts and the highly rated HAQQ wallet.
Shariah Oracle for Ethical Compliance Shariah Oracle certifies Halal contracts and decentralized applications, increasing ISLM ethical compliance.
Future Plans ISLM plans to expand its ecosystem, welcome new projects and developers, and support ethical projects with a $40 million grant program. Partners include Holiday Swap and DDCAP Group.
Resilience in a Crypto Winter ISLM is a prime example of resilience in a crypto winter, offering a glimpse into the future of ethical finance. 🚀🚀🚀
Good luck and profit to everyone!💲
