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What is Islamic Coin?

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Islamic Coin (ISLM) is a crypto asset that operates on the HAQQ network and is designed to comply with Sharia principles. With this approach, Islamic Coin is considered halal and can be used by the global Muslim community. The currency blends Islamic financial ethics with cutting-edge blockchain technology, such as the proof of stake (PoS) protocol.

Islamic Coin was launched on the HAQQ blockchain, which focuses on developing a financial system that is sustainable and compliant with Islamic values. HAQQ uses the Cosmos SDK, which enables fast and efficient transactions, as well as instant finality.

In addition, Islamic Coin also supports Environmental, Social, and Governance (ESG), with a portion of the issued coins allocated to projects that benefit the Muslim community through the Evergreen DAO. Islamic Coin's mission is to provide financial tools that comply with Islamic teachings, prohibiting investments that involve usury or other non-halal elements.

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