Islamic Coin (CRYPTO: ISLM) — Company Overview, News & Financial Data
Islamic Coin is a digital asset designed to function as the native cryptocurrency of the HAQQ Network, a Proof-of-Stake blockchain built to comply with Shariah financial rules and principles.
Islamic Coin
About
Islamic Coin is a digital asset designed to function as the native cryptocurrency of the HAQQ Network, a Proof-of-Stake blockchain built to comply with Shariah financial rules and principles. The digital currency facilitates transactions, peer-to-peer transfers, governance participation, and smart contract execution across the network ecosystem. A fixed portion of newly minted tokens is automatically directed to an Evergreen DAO fund, which allocates resources toward community initiatives, Islamic charitable projects, and regional development programs. The underlying infrastructure utilizes an Ethereum Virtual Machine-compatible architecture, allowing decentralized applications to interact with traditional Islamic financial instruments and global Muslim communities.
Snapshot
Operations
Products and/or services of Islamic Coin
- Native Token Utility: Serves as the primary medium of exchange and unit of account on the underlying blockchain, enabling network transaction fee payments, peer-to-peer transfers, decentralized governance voting, and staking rewards for validator operators and delegators across the global network.
- Proof-of-Stake Blockchain Infrastructure: Operates an Ethereum Virtual Machine-compatible Cosmos SDK layer-one blockchain network designed for high transaction throughput, instant finality, and cross-chain interoperability with Cosmos Inter-Blockchain Communication protocol and Ethereum-based decentralized applications.
- Evergreen DAO Reserve: Functions as an automated, non-profit community endowment fund receiving ten percent of newly minted native coins per block to finance Shariah-compliant projects, social impact initiatives, educational grants, and ecosystem development worldwide.
- Shariah Advisory Board Governance: Provides institutional oversight and vetting procedures through a panel of Islamic jurisprudence scholars to review protocol updates, financial contracts, decentralized finance applications, and token distribution models for strict Shariah compliance.
- Non-Custodial Digital Wallet: Provides a secure mobile wallet application supporting cryptographic key management, asset transfers, decentralized application browsing, hardware device integration, and fiat-to-crypto payment gateways across multiple international currencies and jurisdictions.
- Decentralized Finance Integration: Supports compliant decentralized exchange protocols, yield mechanisms, liquidity pools, and asset tokenization frameworks designed specifically to eliminate interest-based lending and speculative transactions in favor of ethical profit-sharing structures.