News with the tag "Islamic Coin"

A token's value-accrual mechanisms affect whether that digital asset is compliant with Islamic Sharia Law, Mohemed AlKaff AlHashmi said.

In a notable development in the UAE’s digital asset market, the Virtual Assets Regulatory Authority (VARA) has acknowledged the full cooperation of Bored Gen DMCC (BG), the entity associated with Islamic Coin. VARA says BG must maintain regular engagement VARA’s investigation, focusing on the issuan...

Bored Gen DMCC, the issuer of islamic coin, has cooperated fully with the Virtual Assets Regulatory Authority’s ongoing investigation into the token’s issuance and distribution. Bored Gen, however, still needs to “secure appropriate approvals” before it undertakes to distribute the islamic coin (ISL...

After growing its community to a whopping 1.3 million X followers, Islamic Coin had to deal with misinformation that the project had failed. Here's what the co-founder had to say.

Following its launch on the cryptocurrency trading platform KuCoin, Islamic Coin (ISML) has attracted the world’s attention as a cryptocurrency … Continued The post AI predicts Islamic Coin price for the end of 2023 appeared first on Finbold .

The Dubai Virtual Assets Regulatory Authority (VARA) has taken action against Bored Gen DMCC (BG), a company involved in the distribution and marketing of Islamic coin (ISLM). According to a VARA alert published on Wednesday, BG lacks the necessary authority to conduct the type of crypto-related bus...

Dubai’s Virtual Assets Regulatory Authority (VARA) recently said the company distributing and marketing islamic coin (ISLM) lacks the authority to do so. VARA said Bored Gen DMCC must cease marketing activity until it obtains the appropriate approvals. The steps taken by the regulator came just a fe...

For the past week Islamic Coin, created by the Haqq Association, has been selling its coins through its Reg D token offering with OpenDeal Broker, The Capital R, a subsidiary of Republic, but many red flags raise concerns and makes one think twice before investing. As per the proponents of ISLM (Isl...

Islamic Coin, a digital currency that aims to Shariah principles and promote ethical values, has initiated its Reg D Token Offering to the public in collaboration with OpenDeal Broker, a subsidiary of Republic. In a Monday press release, Islamic Coin said it has partnered with Republic to support it...

Islamic Coin is the native currency of HAQQ, a network focused on developing a Shariah-compliant financial ecosystem.