Quote from: itsmenobody1 on July 23, 2018, 10:14:58 PM

Basic principles of the ADAB Solutions project:
1/ADAB Solutions is guilded in tis activities by the values of Islam and the norms of the Shariah.
2/ADAB Solutions guarantees that the FICE exchange will have a ban on:
a.credit transactions using interest,
b.interest-bearing transations,
c.a gain on debt (riba-nasiya), and
d.a gain on exchange (riba-fadl)
e.ADAB Solutions guarantees that the FICE will have a ban on marin transactions
3/ADAB Solutions guarantees that the FICE will prohibit the use of the platrom for financing certain sector of the economy, including: gambling, production of pork, alcohol products and others (maysir), as determined by the Shariah Supervisory Board.

ADAB Solutions guarantedds the absence of excess Gharar in trasactions (al-gharar al-kasir). Gharar (or speculative, excess risk) is not acceptable according to Sharia law. ALl type of transactions that will be technically possible on the exchange will be checked for a Gharar by the Shariah Advisory Borad. At the FICE, under no circumstances will transactions be conducted to manipulate the market. THis ensures compliance with the condition of sharing the risk of profit and loss betwwen the parties to the transaction, in the case of operations involving such risks.