I would like to hear the opinion of an authoritative person in this field. What I read on the Internet and about the ADAM project and about the relationship between cryptocurrency and Islam. Everywhere everything is written differently. There is no consensus.
There will never be consensus on the issue of Shariah because it means "God's immutable divine law" and that is based on Islamic jurisprudence on the interpretations on scholars. Some of those scholars are considered Sunni. So those following Sunni interpretations of Shariah are seen as misguided and maybe heretics by non Sunni followers and vice-versa.
What is "Shariah" and what is "not Shariah" is based solely on the opinions of the one who calls him or herself a Muslim because they are expressing an opinion on:
-which scholar, school of thought and jurisprudence to follow
-which scholar, school of thought and jurisprudence they deem otherwise acceptable but decline to follow themselves
-which scholar, school of thought and jurisprudence followers are considered hereticsThe idea these scammers can ask for funding in an ICO allowing any one including criminals to invest in a supposedly "Shariah Exchange or product" ensures that this cannot be a Halal or Shariah compliant project.
The team behind Adab Exchange are scammers. Please do not invest in their project because if the first step in business is based on a lie then you can expect nearly all future steps to be containing lies too.
here are the statements that affect the Sharia law and the compatibility of the project with this law
unfortunately, many here present on this tape,most likely not of the Islamic faith,and did not even hear about this Sharia law