Islamic Coin, a Shariah-compliant cryptocurrency gaining global attention, is now available on KuCoin, one of the world’s major crypto exchanges. This listing, eagerly awaited by many, happened on October 10, marking the first of more listings to come for Islamic Coin.
“We’re thrilled about this achievement and are eager to establish partnerships with top global exchanges. Our goal is to make Shariah-compliant finance accessible to not only the Muslim community but to a broader audience,” said Islamic Coin CEO Mohammed AlKaff AlHashmi.
Sustainability and Partnerships: Islamic Coin’s Global Impact
With a strong focus on charity and philanthropy, Islamic Coin has actively built relationships within sustainability networks and participated in international events like COP27 in Sharm El Sheikh and the Youth International Conference in New York, both organized under the UN’s umbrella.
Islamic Coin, along with the HAQQ blockchain using a Proof-of-Stake mechanism, is widely recognized for its eco-friendly qualities and alignment with the UN’s goals, such as reducing energy consumption and enhancing access to financial services.
Islamic Coin and the Haqq Network have gained significant global recognition, forming strategic partnerships, including London’s DDCAP Group, enabling integration with over 300 global Islamic Banks. They’ve also established collaborations with important organizations like Fambras, the largest global Halal certification agency, and Sushi, a prominent decentralized exchange on a global scale.
The ecosystem includes Pyypl, one of the Middle East’s largest payment applications, and Holiday Swap, a leading worldwide home-swapping service.
Islamic Coin’s Impressive Leadership
Advisory Board: This board includes prominent members of Abu Dhabi and Dubai Ruling Families, such as Sheikh Dr. Hazza bin Sultan bin Zayed Al Nahyan, Sheikh Saeed bin Hamdan bin Mohammed Al Nahyan, Sheikh Khalifa Bin Mohammed bin Khalid Al Nahyan, Sheikh Mohammad Bin Khalifa Bin Mohammad Bin Khalid Al Nahyan, and His Highness Sheikh Juma bin Maktoum Al Maktoum. The team also features respected figures in traditional and Islamic finance.
Executive Board: Islamic Coin’s Executive Board consists of key individuals like Hussein Al Meeza, a co-founder and Emaar executive who played a pivotal role in establishing Dubai Islamic Bank, the world’s first fully-fledged Islamic Bank. The board also includes Khamis Buharoon AI Shamsi, former Assistant Director of the Finance Division and Assistant Director of the Internal Audit Division of the Central Bank of the UAE.
Greg Gigliotti, CEO, Chief Investment Officer, and Founding Partner of Xtellus Advisors, is another notable figure with extensive experience in managing portfolios exceeding $16 Billion during his career, including a tenure at Goldman Sachs.
Shariah Board: Led by Sheikh Dr. Nizam Mohammed Saleh Yaquby, this board is known for its expertise in Islamic finance. Sheikh Yaquby holds a prominent position as ‘The Gatekeeper’ in a $2 trillion market for Islamic financial products, as recognized by Bloomberg. He serves on the Shariah boards of major international financial institutions, including HSBC, Lloyds TSB, Barclays, BNP Paribas, Credit Agricole, Citigroup, and more.
Important:Ā Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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