What is Islamic Coin?
Islamic Coin is a Shariah-compliant digital currency that aims to provide financial freedom to Muslims. It operates on the Haqq network, a secure and transparent platform with a limited supply. However, Islamic Coin promotes ethical and inclusive financial practices and has the potential to impact the Muslim community positively. Moreover limiting its supply and avoiding arbitrary increases protects the value of the Islamic Coin against inflation. Although, The market determines the coin’s price, promoting transparency and fairness. However, Mohammed AlKaff AlHashmi announced the Islamic Coin Launch Date Revelation. The Founders of the Ethereum-compliant Haqq blockchain will launch Sharia-compliant cryptocurrency called Islamic Coin (ISLM) planned to launch in the month of may 2023.
What is Haqq Network?
Haqq Network is a blockchain network that issues a cryptocurrency called Islamic Coin. However, It is built using the Cosmos SDK and operates on a Proof-of-Stake protocol, which allows for high scalability and throughput. Additionally, Haqq Network is fully interoperable with Ethereum, making it compatible with a wide range of other blockchain technologies.
Islamic Coin Launch Date Revelation:
Islamic Coin, currently in private sales mode, has received increasing support from venture capitalists and financial institutions. The co-founder of the cryptocurrency, Mohammed AlKaff AlHashmi, believes that this support will help to establish trust and confidence within the community, leading up to the public release of the currency. According to AlHashmi, the public release of the coin will take place in May 2023, but no specific date has been announced yet.
Which Wallet Does Islamic Coin Support?
Islamic Coin, the first Shariah-compliant digital currency, supports three types of crypto wallets, as follows:
- Haqq Wallet : https://haqq.network/wallet
- MetaMask : https://metamask.io/
- Ledger Wallet: https://www.ledger.com
Learn More – Information Courtesy