ADAB SOLUTION - FIRST ISLAMIC CRYPTO EXCHANGE


Hello everyone, this new post I want to introduce about a very interesting and good project that is Adab Solution, and for more details, let's just go to the following discussion:

ADAB Solutions project developes the FICE - First Islamic Crypto Exchange, based on the principals of Islamik Finance. The purpose of the ADAB Solutions project is the creation of a cryptocurrency platform, exchange and services that comply with the norms of the Islamic Finance and operate on the principles of Islam.

ADAB Solutions will create services based on the high moral and cultural values of Islam and will provide access to all users of crypto-economics. The principles and values of the project coincide with the principles on which Islamic Finance are based on. The Islamic economic model today is one of the most dynamic areas of the modern economy, which is actively moving beyond the Muslim countries.

ADAB Solutions project is registered in UAE, Raz Al Khaimah. This choice was made as a result of an analysis of the key advantages of jurisdiction. ADAB Solutions will receive additional jurisdiction for the FICE project. Priority will be given to the jurisdictions which mostly respond project’s requirments.

ADAB Solutions integrates the Islamic management model into the business management and business risk management system as an integral part of the company's management system, and ADAB Solutions will create the Shariah Advisory Board (Islamic Finance compliance Council). Islamic cryptocurrency platform ADAB Solutions implements the possibility of purchasing ADAB tokens by users during ICO.

  • Estimated initial cost of the ADAB token is 0.1USD.
  • The only release of ADAB tokens will occur during the ICO.
  • ICO will be held from 15.08.2018 to 25.05.2019.
  • 70% is the total share of tokens distributed among the community during pre-ICO and TG

Deflationary model of the ADAB token economy, based on using the token to access the services of the First Islamic Crypto Exchange and redemption of 10% of the FICE revenue, will significantly increase the attractiveness of participation in TGE ADAB, it is fair to reward participants, thanks to which the project could be implemented.

The release of First Islamic Crypto Exchange is forecasted for a daily trading volume of about $ 146 million and a monthly turnover of $ 4.4 billion during the first and a half years of operation of the exchange.

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 is 22% of the world population and manages Islamic financial assets with a forecasted volume of 3 800 000 000 000 USD.

For the projects approved by Shariah Advisory Board a single eco-system will be created and projects, before listing on an exchange, will have to go through the following stages:

THE FIRST ISLAMIC CRYPTO EXCHANGE INVESTING IN ACCORDANCE WITH THE PRINCIPLES OF ISLAMIC FINANCE

Analytics
Deep analysis of the project will give an opportunity to use the tools of Islamic finance for all users, regardless of the race and religion.

Protection
The system provides protection for projects from pumps, dumps, margin trading and market manipulation.

Adab Token
  • A well-developed economic model for maintaining value
  • Halal coin available to millions of Muslims
  • Token with a deflationary economic model. The number of tokens is constantly decreasing
  • Freely exchanged for fiat money and other cryptocurrencies
  • Means of payment of commissions on FICE and a key for the access to the services of the platform.

ROAD MAP

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: $ 2 500 000

STEP 5
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.







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