The world’s first Shariah-compliant cryptocurrency exchange is set for launch by the ADAB Solutions, a United Arab Emirates (UAE) financial services firm. The so-called First Islamic Crypto Exchange or FICE respects the religious teachings of the Holy Quran, and it would permit over 1.8 billion Muslims to trade cryptocurrencies. Following the launch of this project, ADAB Token ICO would also commence in September.

Being the first cryptocurrency exchange in the whole world developed by Muslims for the Muslims, with respect for the Shariah or the Islamic Law, FICE is expected to score big profits. According to its devs, the ADAB Solutions, the First Islamic Crypto Exchange would score a “monthly turnover of $4.4 billion” in its first 18 months of activity.

What is ADAB?

ADAB is the initial performing cryptocurrency money exchange according to Sharia guidelines, ADAP Market segments understand the value of faith-based values needed by customers. To comply with No Riba's insurance plan, ADAB is undoubtedly dedicated to supplying the investment in tranquility with Islamic legislation. This permits all ADAP clientele who possess Islamic objectives to come to be ready to craft in usury-free surroundings. Also, in our work to give extraordinary and moral trading circumstances to all stock traders, There is no exchange of cryptocurrency, Which works following Sharia law and current Islamic norms. No cryptocurrency system can become fixed relating to Islamic standards, ADAB is usually obtainable to Muslim audiences around the universe for crypto market segments, also to explore legitimate assignments just following Islamic rules. The cryptocurrency industry requires new values and new ethical standards of business supervision. The Shariah concept can provide as an excessive regular and credibility and reliability Adab Alternatives Permitting to carry out cryptocurrency trades following Islamic ideas founded on shariah norms ADAB usually is a choice for all Muslims worldwide; scientific enhancements will be inescapable.

ADAB Alternatives is growing Primary Islamic FICE Daily trading quantity projected on the Initial Islamic Crypto Exchange first $ 140 mil and a first weekly turnover of $ 4.2 billion during the initial 12 months and a one half of the sharing procedure. As a result, the implementation of the ADAB Solution job will create a global infrastructure, operating on the critical points of Islamic fund, and the society regulating the production of the crypto-Islamic market.ADAB might fix the challenge of halal cryptocurrency trades, provide gain access to to the cryptocurrency industry for Muslims, which stories for 22% of the world's populace and manages Islamic financial possessions with a good projected 3.8 trillion USD.

First Islamic Crypto Exchange (FICE) Would Not List Cryptocurrencies Related to Gambling, Alcohol, and Usury
According to ADAB Solutions, the Islamic world needed a Shariah-compliant crypto exchange as “many cryptocurrencies, due to their characteristics, are haram [forbidden in Islam]. Today, no one can guarantee that the coins and projects listed on conventional cryptocurrency exchanges comply with the norms of Islam.”

To respect the Islamic law to the letter and to only provide services that are “halal” (permitted by Islam), ADAB Solutions announced that the First Islamic Crypto Exchange (FICE) wouldn’t list crypto projects related to gambling, alcohol, or usury. Additionally, they also informed that FICE would not offer services that are immoral.

“At FICE there will be no speculative deals, margin trading or operations not corresponding to the norms of Shariah. These restrictions are not enforced only for religious reasons, they also exclude the appearance of low-quality assets on the exchange,” informed ADAB Solutions.

Missions

ADAB arrangement is ventures for Muslims and Islamic block chain startup as well as its is an open commercial center for any individual who requires to manufacture a legitimate innovation business. They adscititiously fill in as key undertaking in making a structure that will establish incipient moral measures for collaborating in the business, likewise as a major responsibility for the makers of the activities. ADAB is lifestyle in Islam, which accommodates an indispensable establishments of business cog-nations.

How Is This Different?

Adab said to achieve this high standard; the company will utilize the in-house Shariah Advisory Board to ensure that Islam is finally included in the global cryptocurrency market.

Shariah Advisory Board (SAB) is the independent body represented by internationally recognized Shariah experts, which will provide inputs on Shariah matters for the FICE to comply with Shariah principles at all times. These new standards set forth by the FICE will ensure an enhanced quality of assets on an exchange, as well as the enhanced inclusion of Islamic cryptocurrency enthusiasts and traders.

Adab tokens issued during the pre-ICO and ICO “will be used to serve as a key to accessing the services of the exchange and all commissions within the FICE will be paid only in Adab tokens,” the company said.

Problems

Due to the ethnic uncertainty of the Muslims to the crypto currency, the inhabitants of these countries distance themselves from this process, which invariably leads to non-participation in the introduction of technological innovations.

Among the problems that are now observed in this field, I would single out the following:
The absence of regulation of the crypto-currency with Sharia law and the ability to trade on the crypto-exchange markets. These two main problems can be solved by the ADAB solutions project.

Also, one can not but emphasize that the potential opportunities of this market are very large. After all, almost 2 billion people remain without access to the crypto-currency.

In addition, compliance with Sharia law will not allow unfair operations and trade:
This market can become a standard, a guarantee and security of crypto-currency transactions.

Problem Solving

• The first crypto-exchange platform, corresponding to the norms of the Sharia.
• ADAB solutions are called upon to unite the crypto-currency and sharia norms. The advisory council, consisting mainly of people who respect the laws of the Sharia, will study and promote the Crypto-currency.
• A huge audience.
• It has already been mentioned that the potential of this market is very large. After all, the sharia law is observed in the order of 120 countries located in Europe, Asia and North Africa.
• A new market system.
• The project ADAB solutions introduces the concept of crypto-currency in the norms of Sharia. This new topic will become the basis for self-regulation of the crypto-currency market and increase its credibility among Islamic states.
• Security.
• The ADAB solutions project has in its rudiment the highest safety standards and unique technical solutions that perfectly match reliable jurisdictions.

Details of ICO

Name of ADAB token
Total number of tokens – 500,000,000
The token price is 0.1 USD
Payment method – BTC, ETH
Soft Cap – 2,500,000 $
Hard Cap -17.290.000 $
Start – 25.07.2018 years
Finally on 15.11.2018
Minimum sales volume – 1000 ADAB

Why Do You Participate In The Plan And Buy Token

The first Islamic crypt platform. Solution Adab makes it possible to carry out kriptovalyutnye transactions in accordance with generally accepted Islamic-based money-benchmark principles of Sharia, and I think the first company to take the solution to this problem. Establishment of a new market. Solution Adab – interested in a large number of users who previously could not be invested in kriptoaktivnye assets, and this would benefit the entire cryptoekonomike, enough to grow with new partners, who first saw only because of his research into the region. The lowest cost for ICO purposes. Initially, the number of tokens issued is the largest and the last. Then the number of tokens is sufficiently reduced, and the cost is sufficient to increase. Good opportunity to increase the price of tokens.

Roadmap

For More Information Click the Bottom Link:
Website: http://adabsolutions.com/
Whitepaper: https://adabsolutions.com/pdf/WhitePaper_of_ADAB_Solutions.pdf
Telegram: https://t.me/Adabsolutions
Facebook: https://www.facebook.com/adabsolutions
Twitter: https://twitter.com/AdabSolutions
Medium: https://medium.com/@adabsolutions
Reddit: https://www.reddit.com/r/adabsolutions/

Author : Laylava.sted
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