The ADAB Solutions project, based in the United Arab Emirates, is planning to launch FICE - the First Islamic Crypto Exchange which will be operating "According to the principles of Shariah law." The company is expecting to reach $146 million daily trading and $4.4 billion monthly turnover by 2020.Islamic finance as crypto exchange base.
FICE will have a special Department of Islamic Finance and a Shariah Advisory Board in its structure.
The Shariah Advisory Board will unite famous Islamic financial experts who will analyze and confirm that each of the cryptocurrencies which will be listed on FICE are "Halal", so Muslim clients which wish to use their services can rely on this estimation.
According to ADAB Solutions, the difference between conventional and Islamic exchange platforms is that there will also be no speculations or market manipulation by FICE.Islamic finance's boom.
Experts report a constant rise in Islamic finance over the last decade.
The experts predict Islamic finance to grow to $3.8 trillion by 2022.
That's why ADAB Solutions believe that they've chosen the best time to create First Islamic Crypto Exchange.
ADAB Solutions offers users to buy their own ADAB tokens during the ICO that was launched in August 2018 and will be held until February 2019.
The cost of Islamic digital currency is $ 0.1 and the company expects the coin's value to increase to $11.5 by the end of 2022.
ADAB Solutions expects to attract around 730,000 people after the launch of the project in 2019.
'Halal Coins Only': First Islamic Crypto Exchange to be Launched in 2019
Publié le Oct 30, 2018
by Cointele | Publié le Coinage
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