What is Islamic coin (ISLM)?

What is Islamic Coin? Islamic coin (ISLM) is a cryptocurrency based on a profit-sharing model that adheres to the principles and guidelines of Islamic law. In the ever-expanding market for cryptocurrencies, the debut of islamic coin stands out for its unique promise of being Shariah-compliant.

What is Islamic coin (Haqq)?

Haqq, which means ‘truth’ in Arabic, was designed to stringently abide by Islamic principles and traditions on finance. Islamic Coin will be the primary token of value within the ecosystem, providing the global Muslim population with a financial platform that offers a 100% halal cryptocurrency.

Who are the Islamic coin overlords?

The Islamic Coin overlords are an interesting mix. First up is computer science engineer Mohammed Alkaff, the Co-Founder of ISLM. Another prominent figure involved in the project is Sheikh Dr. Nizam Mohammed Saleh Yaquby, an expert in the US$4.2 trillion Islamic financial market.

Could Islamic coin be the world's biggest cryptocurrency?

They say that if even just 4% of the one billion Muslim internet users opt in, Islamic Coin could achieve a market value exceeding $1 trillion. This puts it alongside the market cap of the world’s biggest cryptocurrency, Bitcoin. For a new coin, these ambitions sound lofty.