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Fatwa
About

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HAQQ

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العربية



SHARIAH-COMPLIANT DIGITAL MONEY ON AIRDROP

The currency of the HAQQ ecosystem. Serves The Muslim Community. Promotes
Islamic values.

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Islamic Coin is a native currency of HAQQ, a community-run network, dedicated to
empowering an ethics-first Shariah-compliant financial ecosystem. Islamic Coin
has a finite total supply and 10% of each issuance is automatically dedicated
for philanthropic purposes.



Mission Statement

Our mission is to empower the world's Muslim community with a financial
instrument for the Digital Age, that enables seamless transactions and
interaction, while supporting innovation and philanthropy.


NEWS

See all news

August 1, 2023

Nefta partners with HAQQ to ensure much-needed DeFi stability

A strategic deal sees blockchain tech provider Nefta collaborating with HAQQ, a
Cosmos SDK-based proof-of-stake network. HAQQ connects renowned players within
the Ethical Finance space to ensure global community-driven decentralized tools.



invezz.com

August 1, 2023

Nefta partners with HAQQ to ensure much-needed DeFi stability

A strategic deal sees blockchain tech provider Nefta collaborating with HAQQ, a
Cosmos SDK-based proof-of-stake network. HAQQ connects renowned players within
the Ethical Finance space to ensure global community-driven decentralized tools.



invezz.com

August 1, 2023

HAQQ and Brighty App, A strategic alliance to propel shariah-compliant fintech
innovation in Europe

This alliance aims to unlock new opportunities in the Islamic Finance market and
the broader ethical finance sector, particularly in the European market where
Brighty App has established a strong presence



zawya.com

August 1, 2023

HAQQ and Brighty App, A strategic alliance to propel shariah-compliant fintech
innovation in Europe

This alliance aims to unlock new opportunities in the Islamic Finance market and
the broader ethical finance sector, particularly in the European market where
Brighty App has established a strong presence



zawya.com

August 1, 2023

HAQQ strengthens presence in Europe with Brighty App partnership

HAQQ, the Islamic blockchain solutions provider behind Islamic Coin, has
partnered with Brighty App, a mobile money platform integrating traditional
finance and cryptocurrency to expand its European reach.



ifnfintech.com

August 1, 2023

HAQQ strengthens presence in Europe with Brighty App partnership

HAQQ, the Islamic blockchain solutions provider behind Islamic Coin, has
partnered with Brighty App, a mobile money platform integrating traditional
finance and cryptocurrency to expand its European reach.



ifnfintech.com

August 1, 2023

Islamic Coin will be launched on September 1st

Islamic Coin (ISLM), the Islamic-compliant cryptocurrency , will be launched on
1 September. In the statement made by the project, it was noted that it was
aimed to revolutionize Islamic finance. The Sharia-compliant digital currency is
expected to appeal to 2 billion people.



btchaber.com

August 1, 2023

Islamic Coin will be launched on September 1st

Islamic Coin (ISLM), the Islamic-compliant cryptocurrency , will be launched on
1 September. In the statement made by the project, it was noted that it was
aimed to revolutionize Islamic finance. The Sharia-compliant digital currency is
expected to appeal to 2 billion people.



btchaber.com

August 1, 2023

Cryptocurrency Conforming to Islamic Values. ISLM Coin

Islamic Coin ($ISLM) will be launched on September 1, and it will be an
unprecedented combination of digital finance and Islamic principles.



coinbilgi.net

August 1, 2023

Cryptocurrency Conforming to Islamic Values. ISLM Coin

Islamic Coin ($ISLM) will be launched on September 1, and it will be an
unprecedented combination of digital finance and Islamic principles.



coinbilgi.net

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The Advisory Board

Sheikh Dr. Hazza bin Sultan bin Zayed Al Nahyan

His Highness Sheikh Dr. Hazza Bin Sultan Bin Zayed Al Nahyan is Chairman of the
Board of Directors of the Management...


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Sheikh Saeed bin Hamdan bin Mohammed Al Nahyan

Sheikh Saeed bin Hamdan bin Mohammed Al Nahyan has completed his basic training
at Britannia Royal Naval College in Dartmouth...


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Sheikh Khalifa Bin Mohammed bin Khalid AL Nahyan

His Excellency Sheikh Khalifa Bin Mohammed bin Khalid AL Nahyan is a member of
the Abu Dhabi Ruling Family...


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His Highness Sheikh Juma bin Maktoum Al Maktoum

His Highness Sheikh Juma bin Maktoum al Maktoum is an accomplished businessman,
leader and...


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Sheikh Mohammad Bin Khalifa Bin Mohammad Bin Khalid Al Nahyan

Sheikh Mohammad Bin Khalifa Bin Mohammad Bin Khalid Al Nahyan


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Her Highness Sheikha Mariam Suhail Obaid Suhail Al Maktoum

Her Highness Sheikha Mariam Suhail Obaid Suhail Al-Maktoum is a member of
Dubai’s Ruling Family


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Her Highness Sheikha Madiya Bint Hasher Bin Manaa Al Maktoum

A member of Dubai's Ruling Family and a skilled female athlete...


More

The Executive Board

Hussein Mohammed Al Meeza

Hussein Mohammed Al Meeza is an acclaimed award-winning banker with over 45
years of experience spanning the Islamic banking, finance and insurance
sectors...


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Mohammed AlKaff AlHashmi

Mohammed AlKaff AlHashmi is a computer science engineer with more than 18 years
of experience. With this accumulative experience he focuses on Industry 4.0,
Artificial Intelligence...


More


Greg Gigliotti

Mr. Gigliotti began his financial career in 1989 as an analyst at Mutual Series
Funds where he continued as a Senior member of the investment team led by
acclaimed investor Michael Price...


More


Peter J. Rafferty

Mr Rafferty is the Managing Director and founding partner of Xtellus Advisors,
LLC, a New York-based private equity investment firm...


More


Anish Mohammed

Anish, is co-founder, Chief Scientist and CTO of Panther protocol, has 20+ years
experience in security and cryptography...


More


Khamis Buharoon Al Shamsi

Mr. Khamis Buharoon AI Shamsi is a world renowned expert in global finance that
has built a solid reputation at the Central Bank of UAE...


More


Faris Ahmad Ramadhan Juma

Mr. Juma has held senior positions at DU Telecom, led ARJ Water Technology as
Regional CEO and Emaar Group as its General Manager...


More


Dr. Mohamed Bechari

Dr. Bechari holds many prominent posts, including President of the French
National Federation of Muslims...


More

Rachel Pether

Ms. Pether has held senior management positions at Mubadala Investment Company
and SkyBridge Capital. She acts as an advisor to various digital asset
companies...


More

Arben Kane

Arben Kane is a seasoned entrepreneur with over 20 years of experience in
technology...


More

Obaid Helal Obaid Mohammed AL Kaabi

Holds several senior positions in top UAE corporations. Currently serving as
Board Member of Select Group


More

Jerad Finck

Jerad Finck is a seasoned blockchain and technology executive with a focus on
tech design and architecture.


More


Islamic Coin is Shariah Compliant

The Islamic Coin Shariah Board consists of the world's most renowned Islamic
Scholars.

Read Fatwa




MEMBERS OF THE ISLAMIC COIN SHARIAH BOARD

Sheikh Dr. Nizam Mohammed Saleh Yaquby

Sheikh Yaquby is an internationally renowned Shariah scholar who serves on over
40 Shariah Advisory Boards including Standard Chartered, BNP Paribas, Al Rayan
Bank...


More


Sheikh Dr. Mohamed Zoeir

With over 45 years of banking experience, Dr. Sheikh Zoeir is a Shariah scholar
and Islamic finance professor, working with Dubai Islamic Bank, Ajman Bank,
AlSalam Bank Group...


More


Sheikh Dr. Essam Khalaf Al-Enezi

Sheikh Al-Enezi is a Shariah scholar and Islamic finance professor. Dr. Al-Enezi
is a faculty member of Shariah and Islamic Studies at the University of
Kuwait...


More


Sheikh Mohamed Fathiddin Beyanouni

Sheikh Beyanouni is a global Shariah scholar and a leading expert in Blockchain
and Shariah-compliant cryptocurrencies. He holds Bachelor’s and Master’s degrees
in Islamic jurisprudence...


More


Sheikh Mohamed Abdel Hakim Mohamed

Sheikh Mohamed is a Shariah scholar and Islamic finance powerhouse. He has
extensive experience with more than 20 outstanding years in the space...


More




What is Islamic Coin?

Islamic Coin is a halal digital asset, designed to create value for the Muslim
community. It is built on the native HAQQ blockchain, and stringently abides by
Islamic Finance principles.


FEATURES OF ISLAMIC COIN

1

Islamic Coin cannot be arbitrarily printed and devalued. It also cannot be
arbitrarily deflated through the rise of interest rates; its price is determined
by the market and thus always fair.

2

Islamic Coin is minted automatically at predetermined announced rate and
distributed amongst validators and delegators who actively contribute and invest
to HAQQ network functioning and security.

3

Unlike fiat money, Islamic Coin is not operated by the banks whose main business
is to earn money by charging interest. Charging interest is what leads to riba
and is therefore haram.

4

Each time a new Islamic Coin is minted, 10% is deposited into a special
Evergreen DAO for further investment into Islam-related ventures or donated to
Muslim charities. This is the first introduction of a coin bringing direct
economic value to the Muslim community.

IslamicCoin workflow


THE FUTURE

Islamic Coin's immense potential is backed by the global influence of the Muslim
world.

25 million

active Bitcoin users




$600

billion



Market cap

1 billion

Muslim Internet users



Part of Muslim Internet users holding Islamic Coin (projected):

3%



$720

billion

5%



$1200

billion

10%



$2400

billion

20%



$4800

billion

Projected market cap

Fatwa
Press & Media
Careers

ABOUT

 * About Us
 * Executive Board
 * Whitepaper
 * Roadmap
 * Partnerships
 * For Press
 * Media Kit

USE ISLM

 * Wallets
 * Get ISLM
 * Stake ISLM
 * Hodling

HAQQ

 * HAQQ Network
 * HAQQ Docs

COMMUNITY

 * Online Community Hub
 * Ecosystem


© 2023 Islamic Coin. All rights reserved

hello@islamiccoin.net


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