ADAB
ADAB Solutions - develops the FICE - First Islamic Crypto Exchange, based on the standards of Sharia. The expected volume of daily trading on the First Islamic Crypto Exchange is $ 140 million and a monthly turnover of $ 4.2 billion during the first year and a half of the exchange. As a result, the implementation of the ADAB Solutions project will create a global infrastructure that works according to the principles of Islamic finance, and the community that regulates the development of the Islamic crypto-economy. ADAB Solutions solves the problem of halal cryptocurrency transactions and provides access to the cryptocurrency market for the Islamic Ummah, which accounts for 22% of the world's population and manages Islamic financial assets with an expected volume of 3,
Halal or not halal
The speculative nature of cryptocurrencies has led to discussion among Islamic scholars about whether cryptocurrencies are religiously permitted. Companies in cryptocurrency try to influence the debate by launching instruments on the basis of physical assets and certified by Islamic advisers.
Each OneGram cryptocurrency unit is supported by at least one gram of physical gold stored in a vault. The idea is to limit speculation.
"Gold was one of the first forms of money in Islamic societies, so this is appropriate," said Ibrahim Mohammed, the Briton who set up the company with other investors last year.
"We are trying to prove that the Sharia rules and regulations are fully compatible with digital blockchain technology."
So far, tens of millions of dollars of currency have been spent. Approximately 60 percent of the planned number of coins still has to be sold; OneGram hopes to spend all of them before they are offered at the fair at the end of May.
OneGram has received a statement that the cryptocurrency corresponds with the Islamic principles of Al Maali Consulting from Dubai.
It is one of the dozens of consultancies around the world that give their opinion on whether financial instruments meet Islamic standards.
In Malaysia, HelloGold launched in October a first offer of its cryptocurrency with gold back-up, which was approved by Islamic scientists in the Amigidvisors in Kuala Lumpur.
Manuel Ho, HelloGold's chief marketing officer, said that it was an Islamic currency because transactions took place within a certain period of time, making them less volatile and the problem of price ambiguity being an issue.
Halal Chain, halal chain from the United Arab Emirates, issued a first coin denomination in December, which is linked to data on Islamic permissible goods.
To become ADAB Solutions as a crypto-currency project Halal, the intention is to implement the following measures: The development of the project will be based on the entrepreneurial efforts of the organizers and their work. According to the norms of Islamic ethics, it is correct that the source of wealth is its own labor input and the entrepreneurial efforts.
First Islamic Crypto Exchange completely excludes the possibility of speculative transactions, margin trading and transactions that do not correspond to Shariah. This will exclude the Gharar and Maisir and Riba from the work of the Exchange.
FICE platform can process 3 million requests per second, making FICE one of the fastest crypto exchanges. Users of FICE will be guaranteed that their applications will never be suspended due to congestion of the platform.
ADAB Solutions complies with the assessment of Islamic experts about compliance with Sharia standards. ADAB Solutions organizes the Shariah advisory board at First Islamic Crypto Exchange. ADAB Solutions was established to create a platform for halal projects, to fully comply with the standards of Islam and Islamic finances. Our job is to help Muslims and the community of crypto-investors understand what the cryptocurrencies in the market comply with Sharia rules and what not. ADAB Solutions assumes that this project will generally benefit the market, as halal projects are in essence useful and valuable, and their definition will contribute to the development of useful ideas and a decrease in the number of projects in the market that is his haram in essence.
We solve the problems of the Muslim community, such as:
ADAB Solutions solves the problem of halal cryptocurrency operations
ADAB Solutions solves the problem of excessive risks of cryptocurrency systems
ADAB Solutions solves the problem of the development of Islamic cryptocurrency infrastructure
Absence of a crypto-exchange, functioning in accordance with the norms of the sharia
The lack of a unified position of the Muslim community with regard to the cryptocurrency
Uncertainty of Muslims about the admissibility of working with cryptocurrencies
From the turnover of existing crypto-exchanges the zakat not paid.
The problem of the cryptocurrency market:
The extremely low involvement of Muslims in the cryptocurrency market
Lack of community trust in the main crypto-economic tools
Lack of new markets and investors
The importance of the Adab Solutions project for the participants and the uniqueness: the Adab Solutions- project has no analogues in the world. Nowadays there is no cryptocurrency platform or crypto-exchange, which would guarantee activities based on Shariah. Adab Solutions will be the first project that allows the execution of cryptocurrency transactions in accordance with the principles of Islamic finance and on the basis of Sharia standards.
The Adab Solutions project is aimed at a large audience of 1.8 billion potential Muslim users of the cryptocurrency market. Projectability of the project. The Adab Solutions project is designed in accordance with the highest security standards and has unique technical features of important software solutions. The Adab Solutions project is a value system based on Sharia standards and principles of Islamic finance, which will form the basis for self-regulation of the market for cryptocurrency and will increase confidence in important cryptocurrency instruments.
Full transparency of the Adab Solutions project. Transparency of the project and safe jurisdictions will make it possible to buy and sell cryptocurrencies for fiat money. Objectives and mission of the project
The ADAB Solutions project develops the FICE-First Islamic Crypto Exchange, based on the Sharia standards. The goal of the ADAB Solutions project is the establishment of a crypto exchange platform, a trade fair and services that comply with Sharia standards and work according to the principles of Islam.
The mission of the ADAB Solutions project is to create conditions and services based on the high moral and cultural values of Islam and to provide access to all users of crypto-economy.
The main task of ADAB Solutions is to create a structure that sets new ethical standards for doing business in the industry. ADAB - standards of conduct prescribed by Shariah standards, including good manners, decency standards, courtesy, humanity. The name of ADAB Solutions is a big responsibility for the creators of the project.
ADAB is a way of living in Islam, which the founders of the project consider not only as natural in daily life, but also as a mandatory basis for business relationships.
ICO details
Name of the token ADAB
Total number of tokens - 500,000,000
The price of the token is 0,1 USD
Method of payment - BTC, ETH
Soft Cap - 2,500,000 $
Hard cap -17.290.000 $
Start - 25.07.2018 year
The end is on 15.11.2018
Minimum sales volume - 1000 ADAB
Roadmap
Step 1
Start of the study of the cryptocurrency market in the Muslim community.
Conditions: June 2017 - September 2017.
Step 2
Formation of goals and objectives to solve the problem of Muslim population access
to the market for cryptocurrency.
Conditions: September 2017 - November 2017.
Step 3
The development of the philosophy and mechanics of the exchange, based on the principles of
the Islamic financial model.
Conditions: December 2017 - May 2018.
Step 4
ICO for the financing and promotion of the Islamic cryptocurrency exchange.
Conditions: September 2018 - November 2018.
Step 5
Development of the programming mechanism of the First Islamic Crypto exchange.
Conditions: July 2018 - September 2018.
Step 6
Registration of the First Islamic Crypto exchange. Start of work on AdabCrypto (news portal and forum) and Adab Charity.
Conditions: October 2018 - December 2018.
Step 7
Alpha edition of the First Islamic Crypto Exchange, functionality and security check.
Conditions: December 2018 - February 2019.
Step 8
Launch of a large-scale marketing campaign to attract new users on a large scale.
Conditions: December 2018 - December 2019.
Step 9
Beta-release of the Islamic Exchange First Islamic Crypto Exchange with support from platform independent trading customers.
Conditions: April 2019.
Step 10
Official launch of the first Islamic crypto exchange.
Conditions: July 2019.
Step 11
Expansion of the functional content of the First Islamic Crypto Exchange.
Conditions: June 2019 - December 2019.
Step 12
Perform Adab Charity.
Conditions: August 2019.
Step 13
ormation, based on the ADAB Solutions platform and First Islamic Crypto Exchange, of a reliable and developed infrastructure based on the principles of Islamic finance.
Conditions: December 2019 - July 2020
The
Timur Turzhan project team : CEO, founder
Rustam Turzhan: COO, co-founder
Maxat Salpyn: Deputy CEO of Islamic Finance
Aleksander Mamasidikov: Director of Marketing
Dmitriy Rovenskikh: Project
promoter Activum Barakbayev: СТО
Pavel Krayev: head of the development department
Didar Bidam: Senior IT advisor
Khalil Ben sassi: graphic designer
Mamoun Jamaladdin: Community Manager (Arabic)
Abeer Mousa: Community development manager
Advisory board
Md Mofassair Hossain: Advisor Marketing and PR
Gaurav Areng Chakraverti: Marketing ICO advisor
Jorge Rodriguez: security advisor
For more information Click Link Bellow:
Website: http://adabsolutions.com/
Telegram: https://t.me/Adabsolutions
Facebook: https://www.facebook.com/adabsolutions
Twitter: https://twitter.com/AdabSolutions
Average: https: //medium.com/@adabsolutions
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