ADAB SOLUTIONS - The First Cryptocurrency Exchange Functioning In Accordance With Shariah Rules

samuraijin February 09, 2019

Hello Everyone, I will introduce the ADAB SOLUTIONS project, If you are willing to join the ADAB SOLUTIONS project, let's look at the following link :

ADAB SOLUTIONS
The first cryptocurrency exchange that functions in accordance with Sharia rules

Challenges for the Muslim world caused by the emergence of blockchain technology and crypto currency

There is no crypto exchange, functioning in accordance with Sharia law
The absence of a cryptocurrency platform that will be guaranteed to work in accordance with Sharia norms, makes a large number of Muslim investors enter the cryptocurrency market.

There is no integrated position of the Muslim community on cryptocurrency
The creation of the ADAB Solution cryptocurrency platform, First Islamic Crypto Exchange and introducing the Sharia Advisory Board will enable the formation of interested communities, who will formalize cryptological work based on Sharia norms in a systemic way.

Muslim uncertainty about receiving work with crypto currencies
Muslim ethical uncertainty about accepting work in the crypto market leads to distance and, as a consequence, not to involve nearly a quarter of the world's population in the financial sector that is technologically innovative.

Problems from the crypto market today
Lack of new markets and investors

The ADAB Solution project can be a channel for Muslim audiences for the crypto market, as well as sites for launching many halal projects

Very low Muslim involvement in the cryptocurrency market
1.8 billion people and their capital is not sufficiently involved in crypto-economics and this prevents further market growth.

People no longer trust the key tools of the crypto market
The cryptocurrency market requires new values and new ethical standards from business management. Sharia principles can serve as a high benchmark and guarantee honesty and security.

The uniqueness of the ADAB Solution
The first exchange was in accordance with Islamic norms
Today, there is no cryptocurrency exchange, which will guarantee activities based on Sharia principles. Adab Solutions will be the first project that will enable cryptocurrency transactions in accordance with the principles of Islamic finance and on the basis of Sharia norms

The Sharia Advisory Board, which acts on an ongoing basis, will conduct an in-depth and systematic study of the crypto currency market and its elements to comply with Sharia law.

Intended for a large audience
Muslims include more than 120 countries in Europe, the West, Central, South and Southeast Asia and North Africa. In 35 of these Muslims are in the majority of the population. In 28 countries, including Egypt, Saudi Arabia, Morocco, Kuwait, Iran, Pakistan and others, Islam is a state religion.

Establish a newmarket system
This project applies to crypto-economic values based on Sharia norms and Islamic financial principles. These values will be the basis for self-regulation of the crypto market and will increase the level of confidence in key cryptocurrency instruments.

Project design and security
The project is built on the highest security standards and unique technical software solutions in relation to safe and reliable jurisdictions.

ICO Adab Solution
ADAB Solutions does an ICO with the aim of launching FICE (First Islamic Crypto Exchange) and other projects


What is FICE ?
FICE - the first cryptocurrency exchange in accordance with Sharia norms. Many cryptocurrency, because of their characteristics, are haram. Today no one can guarantee that coins and projects listed on conventional crypto currency exchanges are in accordance with Islamic norms.

There will be no projects related to the following in FICE :


In FICE there will be no speculative transactions, margin trading or operations that are not in accordance with Sharia norms. Additional list requirements are approval by the Sharia Advisory Board.

Ensure compliance with Islamic finance principles

Islamic Management Model
ADAB solutions will be managed in accordance with the requirements of the Islamic corporate governance system developed based on AAOIFI and IFSB standards.

Sharia Advisory Board
Compliance with Islamic norms in FICE activities will be provided by an independent body consisting of authoritative experts in the field of Islamic law and finance and experts in the cryptocurrency market.

ADAB Charitable Charity Foundation
Quarterly, 5% of net income and 2.5% of the annual net profit of the project will form the basis of the Adab Charity fund and everyone can contribute to this fund.

Independent certification
Adab Solutions will pass an independent certification of all regulatory and legal documents and procedures.

Annual audit
Adab Solutions will carry out an annual audit for compliance with Islamic finance principles by independent and reputable companies.

ADAB Token

  • A well-developed economic model to maintain value
  • How to pay commissions to FICE and keys for access to platform services
  • Free exchange for banknotes and other crypto currencies
  • Halal coins are available to millions of Muslims
  • Token with a deflationary economic model. The number of tokens continues to decline.
Structure of financing


Structure of tokens distribution



Road Map

ROADMAP

STEP 1 - COMPLETED
Terms: June 2017- September 2017
Beginning of the study of the cryptocurrency market in the Islamic community.

STEP 2 - COMPLETED
Terms: 2017 - November 2017
Formation of goals and objectives to solve the problem of access of Muslim population to the cryptocurrency market.

STEP 3 - COMPLETED
Terms: December 2017 - May 2018
The development of the philosophy and mechanics of the exchange, based on the principles of the Islamic financial model.

STEP 4 - COMPLETED
Terms: September 2018 - November 2018
ICO to finance and promote the Islamic cryptocurrency exchange.

SOFT CAP ROADMAP - COMPLETED
$ 2 500 000
STEP 5 - COMPLETED
Terms: October 2018 - December 2018

Development of the program mechanism of the First Islamic Crypto Exchange.

STEP 6
Terms: January 2019 – March 2019

Registration of the First Islamic Crypto Exchange. Start of work on AdabCrypto (News Portal & Forum) and Adab Charity.

STEP 7
Terms: February 2019 – March 2019
Alfa release of the First Islamic Crypto Exchange, functionality and security check.

STEP 8
Terms: December 2018 – December 2019
Launch a large-scale marketing campaign, in order to attract new users on a large scale.

STEP 9
Terms: April 2019
Beta release of the Islamic Exchange First Islamic Crypto Exchange with the support of cross-platform trading clients.

STEP 10
Terms: July 2019
Official launch of the First Islamic Crypto Exchange.

STEP 11
Terms: June 2019 – December 2019
Expansion of the functional content of the First Islamic Crypto Exchange.

STEP 12
Terms: August 2019
Run Adab Charity.

STEP 13
Terms: December 2019 - July 2020
Formation, on the bases of ADAB Solutions platform and First Islamic Crypto Exchange, of a reliable and developed infrastructure based on the principles of Islamic finance.




For further information, please visit the following link :

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