Disclaimer: this article is created by the community of IslamicCoin (ISLM) fans. We are a big group of early adopters and followers and devs of this huge coin and this prediction is made upon our own investment analysis and research within our big united community of 300k ISLM fans. This is not an investmentadvise!DYOR!
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Islamic coin – one of the most anticipated cryptocurrencies in the world. The project’s community amounts to 1.5 million people even before its launch, which is more than the communities of such projects as Polygon (capitalization $8 billion), Litecoin ($6.3 billion), Avalanche ($5 billion), Dai ($4.8 billion), Uniswap ($2.9 billion). The project has attracted more than $400 million, and recently a major deal with ABO Digital for $200 million was announced.
The founder of Islamic Coin, Mohammed AlKaﬀ AlHashmi, who is a descendant of the Prophet Mohammed, was named by Arabian Business as one of the 7 most influential entrepreneurs in the crypto world (alongside the founder of Binance – CZ):
Islamic Coin has a fantastic potential for growth, as it is intended for a vast international Muslim community, which numbers over 1.9 billion people. Projections show that if 2-3% of this community acquire Islamic Coin, the price of the coin could exceed 10 dollars.
Islamic Coin is a decentralized digital currency that complies with Sharia law.
IslamicCoin (ISLM) project is important for three reasons:
1) Islamic Coin is the native currency of the first Halal blockchain Haqq (“haqq” means truth), and digital money intended to create value for the Muslim community. In creating Islamic Coin, we meticulously and accurately followed the principles of Islamic finance. This is confirmed by a fatwa issued by some of the world’s most respected and well-known Islamic scholars, who have also joined the Sharia Council of our project.
2) Our project is designed to serve the Muslim community by having a direct impact (measurable in monetary equivalent). For this purpose, 10% of the issued crypto tokens are automatically directed to the Evergreen DAO (Decentralized Autonomous Organization), which funds Muslim projects worldwide. Evergreen is managed in a decentralized manner – by the voting of Haqq blockchain validators.
3) Bitcoin is actively used by 30 million people, and its market capitalization is half a trillion dollars. The Muslim community numbers 1.9 billion people. If 2-3% of them become coin holders, Islamic Coin could become an asset comparable in capitalization to Bitcoin.
Islamic Coin is a historic opportunity for the Muslim world to take leading positions in the world of financial technologies and innovations. We believe that IslamicCoin will change the world for the better, promoting Islam as a religion of peace and universalism and presenting Muslims as builders of civilization, pioneers of tolerance, mercy, and coexistence.
To ensure maximum trust in our project, we have created three advisory boards — Sharia, Executive, and Consultative Boards. The Sharia Board is composed of world-renowned Islamic scholars led by Sheikh Dr. Nizam Mohammed Saleh Yaqubi, whom Bloomberg calls the “gatekeeper” of the Islamic financial products market, worth more than 2 trillion dollars.
Sheikh Yaqubi is a member of more than 40 Sharia Boards, including the boards of such banks as Standard Chartered, BNP Paribas, Al Rayan Bank, Abu Dhabi Islamic Bank, S&P Dow Jones, Lloyds Bank, and he is also the chairman of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).
The Executive Board is designed for experts with outstanding technical and/or financial experience. The mission of the Executive Board is to guide Islamic Coin, as well as to ensure support among the most important actors in both traditional and Islamic finance.
Members of our Executive Board include Hussein Mohammed Al Meeza — a respected and award-winning banker with more than 45 years of experience in the Islamic banking, finance, and insurance sectors. Mr. Al-Meeza participated in the early development of the world’s first Islamic bank (Dubai Islamic Bank).
Another prominent member of the Executive Board is Peter J. Rafferty, who has held various leadership positions in ADIA (a sovereign wealth fund managing assets estimated at 700 billion US dollars). Information about other board members is available on our official website.
The Advisory Board is designed exclusively for members of royal families. The mission of the Advisory Board is to support Islamic Coin from an ideological point of view.
Currently, the Advisory Board includes:
His Highness Sheikh Dr. Hazza bin Sultan bin Zayed Al Nahyan – the grandson of the founder of the UAE, Sheikh Zayed bin Sultan Al Nahyan. After completing his MPhil at Cambridge, Sheikh Dr. Hazza bin Sultan bin Zayed Al Nahyan defended his doctoral dissertation at Bangor University, conducting research in the field of natural resources, economic development, and security in the United Arab Emirates with an interest in creating the right conditions for economic growth.
His Highness Sheikh Said bin Hamdan bin Mohammed Al Nahyan – has been in the UAE armed forces since 1989, Sheikh Said bin Hamdan bin Mohammed Al Nahyan underwent basic training at the Royal Naval College of Britain in Dartmouth, staff officer courses in the USA, and then received a Master’s degree in military science from the US Naval College. Sheikh Said bin Hamdan bin Mohammed Al Nahyan was awarded the French Legion of Honor by French President Emmanuel Macron.
His Highness Sheikh Khalifa bin Mohammed bin Khalid Al Nahyan
His Highness Sheikh Mohammad bin Khalifa bin Mohammed bin Khalid Al Nahyan
His Highness Sheikh Juma bin Maktoum
Her Highness Sheikha Mariam Suhail Obaid Suhail Al Maktoum
Her Highness Sheikha Madiya Bint Hasher Bin Manna Al Maktoum
Even before the project was listed, the Islamic Coin ecosystem attracted a large number of partners:
Axelar – https://axelar.network/
SushiSwap – https://www.sushi.com/
Back9 – https://back9solutions.com/
Holiday Swap – https://holidayswap.com/
Tatum – https://tatum.io/
DDCAP Group – https://ddcap.com/
Fambras Halal – https://fambrashalal.com.br/
P2P – https://p2p.org/
Nefta – https://nefta.io/
Immuneﬁ – https://immuneﬁ.com/
Safe – https://safe.global/
Kestone – https://keyst.one/
IslamicCoin (ISLM) has been granted support by tier1 investment funds such as DF101 (https://df101.xyz/). DF101 focuses on syndicated Web3 deals led by professional investors. The venture club’s primary areas of interest are DAO platforms, L1/L0 (cross-chain) infrastructure, DeFi, DID, and AI solutions. Recent deals include FLX, EYWA, and XDAO — a DAO-builder platform backed by notable investors such asDWF Labs, Telos Foundation, and Grizzly Capital.
ABO Digital (https://alphablueocean.com/en/)
Created in 2017 by Pierre Vannineuse, Hugo Pingray and Amaury Mamou-Mani, Alpha Blue Ocean is a young, dynamic family office that aims to revolutionise the financial sector by providing consistent risk-adjusted returns. Since it’s launch, this family office has set itself the mission of revolutionising the world of finance by offering risk adjusted returns.
ABO is active all around the world, having been at the origin of the turnaround and development of Erytech, Europlasma, Wisekey, Safe Orthopaedics, Intrasense and Douaisienne de Basse Tension (DBT), among others.
FutureCraft Venturs (https://www.futurecraft.ventures/)
They are a team of serial entrepreneurs who bring together fintech, ar/vr, and crypto that change the future.
They help portfolio companies multiply growth and impact lives around them.
With principal locations in London and Dubai, their teams operate remotely, spanning across Europe, MENA, and the US. They also actively look for promising startups that are in need of active growth and strategic management to take them to the next level.
On September 1, 2023, Islamic Coin will begin public trading on the world’s largest crypto exchanges.ISLM will be listed on several tier1 crypto exchanges cex and dex.
All code released by IslamicCoin (ISLM) team undergoes an audit by Halborn – https://www.halborn.com/.
Presentation – https://bit.ly/IC_presentation_EN 📄
Pitch Deck – https://bit.ly/IC_pitchdeck_EN