Islamic Coin Official Channel

2023-03-05 18:12:12 Despite growing interest in Islamic finance, the industry still faces significant challenges.

What do you think are the biggest challenges facing the Islamic finance industry today? Open / Comment

2023-03-04 22:25:34 From regulatory framework to investment opportunities, London and Dubai are leading the charge in the crypto world.

Discover the insights on growth and innovation in these global hubs and see how Islamic Coin is playing its role

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2023-03-03 15:21:09 Facts about Eid al-Adha Mubarak.

Eid al-Adha, (Arabic: Festival of Sacrifice), also called ʿĪd al-Qurbān . the second of two great Muslim festivals, the other being Eid Al-Fitr.

Eid al-Adha marks the culmination of the hajj(pilgrimage) rites at Minā, Saudi Arabia, near Mecca, but is celebrated by Muslims throughout the world.

It begins on the 10th of Dhū al-Ḥijjah, the last month of the Islamic calendar, and continues for an additional three days. During the festival, families that can afford to sacrifice a ritually acceptable animal (sheep, goat, camel, or cow) do so and then divide the flesh equally among themselves, the poor, and friends. Eid al-Adha is also a time for visiting with friends and family and for exchanging gifts.

This festival commemorates the ransom with a ram of the biblical patriarch Ibrāhīm’s son Ismāʿīl—rather than Isaac, as in Judeo-Christian tradition.


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2023-03-02 21:01:47 «As the world continues to move in a more decentralized direction, it will be interesting to see how the Islamic world forges ahead with its plan of creating a unified legal, financial and regulatory framework. In this regard, experts believe that blockchain can help since it stands to not only uphold the values and principles of Sharia law but also present a new paradigm of digital financing opportunities for the global Muslim community.», — said Mohammed AlKaff, co-founder of Islamic Coin.

Read the full article here

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2023-03-01 21:06:27 Experience lightning-fast transactions and top-notch security with HAQQ Wallet.

Safe, secure, and user-friendly.

Download now haqq.network/wallet Open / Comment

2023-02-28 21:42:57 The future of cryptocurrencies in India.

The rise of cryptocurrency regulations in India has been a hot topic, particularly given its status as one of the world's most populous countries. The investment in cryptocurrencies in India has skyrocketed over the past year, jumping from $923 million in April 2020 to a staggering $6.6 billion in May 2021.

India's stance on cryptocurrencies has been somewhat mixed. In fact, back in 2013, the Indian government was the first in the world to release an official circular warning against the use of cryptocurrencies and their exchange trading.

However, the government recently announced its intention to introduce a bill to create a sovereign digital currency in January 2021. Furthermore, in November of the same year, the Blockchain and Crypto Assets Council of India (BACC) issued a statement stating that digital assets do not necessarily require a ban but should be regulated instead.

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2023-02-27 19:11:57 Are stablecoins halal? Get to know in the #EduSeries_Islamic

The question of whether stablecoins are halal has been a topic of debate within the Muslim community.

According to Islamic finance principles, halal investments must not involve any form of riba (interest) or gharar (uncertainty/risk). Stablecoins, such as $USDC, are pegged to the value of a fiat currency, and the idea behind them is to provide a stable store of value.

The question remains whether or not the underlying assets and mechanisms used to maintain the peg align with Islamic finance principles. Some scholars need clarification about the use of stablecoins for speculative trading and the potential for riba (interest) in their issuance.

However, stablecoins can be considered halal if they are transparent and auditable and if the underlying assets are permissible under Islamic law.

What do you think? In which cases can stablecoins be treated halal or haram, in your opinion? Open / Comment

2023-02-26 21:54:47 Get the discerning opinion on the future of Islamic finance and Islamic Coin from one of the most reputable figures of Islamic Banking, Hussein Mohammad Salem Al Meeza, in this article on Zawya.

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2023-02-25 19:02:02 Joel Flynn dives into the world of Islamic finance on Forkast News with Mohammed AlKaff AlHashmi, co-founder of Islamic Coin.

Tune in to the Daily Forkast and see how we're making a difference in this thriving industry

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2023-02-24 19:37:50 IslamicCoin is proud to be a sponsor of the Experiential Yachting Forum, where leading players in the yachting industry come together. Don't miss the biggest yacht event in the UAE, GCC, and the Middle East!

Come meet us at EYF2023 on March 2nd & 3rd at Dubai Marina. Open / Comment