This is the Ethical Crypto pioneer in 2024
Have you guys know that one such groundbreaking endeavor is IslamicCoin ISLM, a Sharia-compliant digital asset designed to cater to the two billion-strong Muslim population globally.
Despite a decline in overall crypto fundraising, IslamicCoin secured a remarkable $200 million in investments during Q3 of 2023. On October 10th, the project achieved a pivotal milestone with its listing on KuCoin, a significant stride toward integrating the global Muslim community into the digital finance realm while upholding religious principles.
IslamicCoin ISLM serves as the native token for the HAQQ blockchain, a comprehensive Sharia-compliant digital financial ecosystem. Its philanthropic model allocates 10% of each issuance to the Evergreen DAO, supporting investments in Sharia-centric ventures or charitable causes. With applications ranging from payment transactions to governance roles, ISLM positions itself as a decentralized counterpart to traditional Islamic financial instruments like Sukuk.
A proof-of-stake Layer1 network compatible with Ethereum and Cosmos, IslamicCoin has garnered substantial engagement. The HAQQWallet, a non-custodial digital wallet managing ISLM tokens, boasts over 500,000 downloads and an impressive 4.5 out of 5 rating on Google Play. The Sharia Oracle, a validation registry, ensures ethical compliance within the HAQQ ecosystem.
IslamicCoin has ambitious plans for ecosystem expansion, including new DApps, a marketplace for the HAQQWallet, physical transaction cards, and initiatives like HAQQPAD and HAQQLabs to support ethical projects. The $40 million grant program aims to bolster new projects and developers. Strong partnerships with entities like Holiday Swap and the DDCAP Group, allied with over 300 global banks, solidify IslamicCoin position.
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