Islamic Coin and HAQQ: The Future of Ethical Finance
Islamic Coin is a digital currency that aims to empower the global Muslim community with a financial instrument that is compatible with their values and faith. Islamic Coin is the native currency of HAQQ, an ethics-first, scalable and interoperable blockchain network that offers a range of Shariah-compliant products and services, such as interest-free investme#nts, halal trading, and charitable giving.
HAQQ is built on the Cosmos SDK, which enables it to connect with other blockchains using the Inter-Blockchain Communication (IBC) protocol. This means that Islamic Coin holders can access the wider Web3 ecosystem and benefit from the innovation and opportunities that it offers. HAQQ is also compatible with the Ethereum Virtual Machine (EVM), which allows it to run smart contracts and decentralized applications that are compatible with Ethereum.
Islamic Coin and HAQQ are not only designed to meet the needs and preferences of the Muslim community, but also to promote ethical and sustainable practices in the digital finance space. Islamic Coin and HAQQ follow the principles of Islamic finance, which prohibit interest, speculation, gambling, and exploitation, and encourage risk-sharing, transparency, and social responsibility. Islamic Coin and HAQQ also support environmental causes, such as carbon offsetting and renewable energy projects, and donate a portion of their revenues to charitable organizations.
Islamic Coin and HAQQ are revolutionizing the field of Islamic finance by bringing it to the Web3 era. They are creating a platform that respects the traditions and values of the Muslim community, while also embracing the potential and innovation of the blockchain technology. Islamic Coin and HAQQ are paving the way for a more inclusive, ethical, and sustainable future of finance.
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Sources:
(1) IslamicCoin
(2) Whitepaper | IslamicCoin
(3) Islamic Coin: Revolutionizing finance with blockchain for the global muslim community-AMBCRYPTO
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