ICO News: World’s first Islamic crypto exchange to launch in 2019

ICO News: World’s first Islamic crypto exchange to launch in 2019

The firm is planning an ICO (initial coin offering) to support the development of its upcoming exchange and its pre-sale is already live, with about a month left, at time of writing.

ICO details

What ADAB Solutions says

We solve the problem of aligning crypto assets with the high moral and cultural values of Islam by creating a global cryptocurrency platform for both Muslims and the world at large.

ADAB Solutions is developing the FICE – First Islamic Crypto Exchange , based on the norms of Shariah. Creation of the cryptocurrency platform, exchange and services that are Shariah compliant and based on the principles of Islam.

The projected volume of daily trading on the First Islamic Crypto Exchange is $ 146 million and a monthly turnover of $ 4.4 billion during the first one and a half years of operation of the exchange.

As a result, the implementation of the ADAB Solutions project will create a global infrastructure, that operates on the principles of Islamic finance, and the community that regulates the development of Islamic crypto-economics.

ADAB Solutions will solve the problem of halal cryptocurrency transactions, providing access to the cryptocurrency market for the Muslim Ummah, which accounts for 22% of the world’s population and manages Islamic financial assets with a projected volume of 3.8 trillion USD.

  • Website: https://adabsolutions.com
  • Headquarters: Umm Al Quwain, U.A.E., Umm Al Quwain
  • Year founded: 2017
  • Company size: 11-50 employees
  • For more info on ADAB Solutions and the FICE project, please refer to the ICO whitepaper

By Gerelyn Terzo
I have over 5 years experience in blockchain technology. I dive into new blockchain technology and report upcoming ICOs.
Invezz uses cookies to provide you with a great user experience. By using Invezz, you accept our privacy policy.