ADAB Solutions company is launching the First Islamic Crypto Exchange (FICE), the only one Shariah compliant crypto exchange at this moment.
As reported on the company’s website, the exchange will work according to the Shariah Advisory Council’s standards. It is expected that FICE will operate by adhering to the high moral requirements set forth by the Shariah community, adding only halal cryptocurrencies. For example, tokens related with gambling, udult services, alcohol and tobacco producing, and financial pyramids. FICE will be opened “for all users, regardless of their religion.”
FICE gives access to the technologically innovative financial sector for 1.8 billion Muslims living on the planet. The project will be the first project, which allows crypto transactions to be performed in accordance with the principles of Islamic finance and will be open to all users, regardless of religion.
“Ideas that correspond to the norms of the Shariah are based on the understandable material value, have a clear business strategy, and this allows us to confidently assert that halal projects are incomparably safer more successful than the beautiful signs of many cryptocurrency initiatives,” Founder and CEO of ADAB Solutions, Timur Turzhan, said.