Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms
by
JollyGood
on 17/10/2018, 18:44:07 UTC
Quote from: HAKHALI on August 17, 2018, 05:38:21 PM
Quote from: hesham51 on August 17, 2018, 02:13:22 PM
Quote from: vip555 on August 17, 2018, 08:42:47 AM
Hello. I would like to know what are the unique norms of sharia?
Islamic Finance refers to the provision of financial services in accordance with Sharia norms, principles and rules. Sharia does not permit receipt and payment of "riba" (interest), "gharar" (excessive uncertainty), "maysir" (gambling), short sales or financing activities that it considers harmful to society. Instead, the parties must share the risks and rewards of a business transaction and the transaction should have a real economic purpose without undue speculation, and not involve any exploitation of either party.

To know more about Sharia norms find below some links may help you internalize the Principles of Shariah norms:
 
https://en.wikipedia.org/wiki/Islamic_economics
http://www.islamicinsights.com/religion/an-introduction-to-islam-and-economics.html
http://www.imf.org/external/themes/islamicfinance/
https://blogs.imf.org/tag/islamic-finance/
https://blogs.imf.org/2017/02/21/islamic-banking-proposals-get-imf-approval/
  


really , i haven't understood how FICE would involve or practice  these norms of Shareaa (except by  prohibiting  some coins to be listed on it )..any moslem can do that on the other  crypto exchanges , i mean what the other procedures of FICE TO implement the Islamic finance method ??    

Thank you four post. Of course the Adab Haraam exchange representatives would refuse to answer but the scammer bots", "give-me-bounty-for-each-incoherent-post-I-make-to-pump-this-thread", "freebie token seeking vagabonds" and "airdrop beggars" that keep pumping up the thread to drown out voices that disagree, question or expose the Adab Haraam exchange.

Adab Haraam exchange are headed by a trio of Kazakh that have created this scam. This is not Halal or Shariah compliant.

The Adab Haraam exchange scammers are aided and abetted by the multiple aliases users here that are part of the alliance that keep pumping up the thread to drown out voices that disagree and expose the Adab Haraam exchange in the hope to scavenge for the alleged 8% tokens the Adab Haraam exchange scammers claim they will distribute.

These fake multiple aliases users include:

"scammer bots"

"give-me-bounty-for-each-incoherent-post-I-make-to-pump-this-thread"

"freebie token seeking vagabonds"

"airdrop beggars"






@Maxat Salpyn - Deputy CEO of Islamic Finance


Which qualities, qualifications and experience do you possess that makes you uniquely qualified for the title you have undertaken: Deputy CEO of Islamic Finance