The ADAB exchange can win due to its marketing positioning as the first Islamic exchange. This is a very interesting idea!
Is it worth talking only about this aspect of this project? I think there are many important factors in such projects, and also need to talk about them.
I also think that ADAB has chances to be among leaders. That is why I plan to sell a few coins and invest in this ICO
They are scammers. Stay away from them.
why are they scams?
if you can more evidence and substantiated facts!
to make it more clear to the people present here
I think that the available facts are not enough to make some analysis and conclusions that the ADAB project is a scam. This is a very hasty and unreasonable statement.
Yes, such conclusions in general can not be done ahead of time, why, everything will be fine and the command is normal
certainly bad that we do not know the laws on which the project is basedIf what you say is true then why did they announce their project without clarifying which "laws" they are applying?
If there is have a pot of money or crypto that is used for business purposes with the objective of trade or profit-making that is considered 100% Shariah compliant by the majority of scholars and schools of thought but another investor comes along and his investment from anti-Shariah sources go in to the same pot of money or crypto, then what happens? How can that unique selling point of being Islamic Exchnage complying with Shariah be possible?
If an owner or employee of a brewery that makes, transports or sells alcohol and uses income from those activities to fund the Shariah Adab Exchange ICO then it is not Shariah compliant
If someone manufactures, transports or sell drugs/narcotics and uses income from those activities to fund the Shariah Adab Exchange ICO then it is not Shariah compliant
If a pimp or prostitute uses income from those activities to fund the Shariah Adab Exchange ICO then it is not Shariah compliantThe whole "Shariah" compliant part of the project falls apart the moment the fools running the project will accept funding from any source without making necessary checks. In the situation of secrecy surround ICOs and crypto investment in general it will be impossible to filter through therefore no Muslims can claim to run a Shariah compliant business unless he is sure of the whole process including every little step otherwise it ceases to be Shariah compliant.
How much I did not try to deal with the subtleties and nuances of the requirements of Islam regarding investment and could not do it.