Home CryptoBitcoin Islamic Coin will List with KXCO.io

Islamic Coin will List with KXCO.io

by S. Jack Heffernan Ph.D

Islamic Coin will be launching on Exchanges soon and plans to roll out multiple supporting features including a wallet and superapp.

KXCO.io has been chosen to work on the pre-sale and to be one of the Prime Exchanges for the Islamic Coin launch.

About Islamic Coin

Islamic Coin — purposeful community crypto asset. It’s used as a native coin on the Haqq blockchain. Each time a new Islamic Coin is minted, 10% of the issued amount is deposited into a special Evergreen DAO for further investment into projects beneficiary for Muslim community or given to Islamic charities. This is the first introduction of a coin bringing direct economic value to a community.

Haqq Blockchain — Haqq (Arabic for truth) is a Proof of Stake blockchain network compatible with the existing ecosystem of Blockchain tools and developer instruments (primarily, Ethereum and Cosmos) and meeting modern industry requirements, with fast-finality and high transactions troughtput. Haqq’s purpose is to serve the international Muslim community by providing a financial and technological tool that allows for independent financial interaction, while supporting technological evolution and philanthropy.

Islamic Coin’s Shariah Board is led by Sheikh Dr. Nizam Mohammed Saleh Yaquby, recognized by Bloomberg as ‘The Gatekeeper’ of a $2 trillion market for Islamic financial products. Sheikh Yaquby sits on the Shariah boards of top international finance including HSBC, Lloyds TSB and Barclays; France’s BNP Paribas and Credit Agricole and Citigroup.

Shariah-compliant Islamic Coin has secured $200M during its private sale from international private buyers. The crypto, targeting the world’s 2 billion Muslim population and ethics-first crypto adopters have broken all records, becoming the top private sale raise in 2022 and the top 10 raise in history.

The Shariah-compliant digital currency has gained a Fatwa, issued by the world’s leading experts in Sharia Law. The edict was led by Sheikh Dr. Nizam Mohammed Saleh Yaquby, recognized as ‘The Gatekeeper’ of a $2 trillion market for Islamic financial products.

The award-winning team includes leading traditional and Islamic Finance figureheads such as Peter Rafferty, former manager of the $600 billion portfolio at the Abu Dhabi Investment Authority and Khamis Buharoon Al Shamsi, former Head of the Banks Inspection Team at the Central Bank of the UAE.

About KXCO

The Knightsbridge DAO spans the entire blockchain ecosystem ranging from a sophisticated blockchain with unique features (Knights Armature™), to a Centralised-Decentralised-Exchange (KXCO™) run by expert traders, to our own wallet and includes our own Metaverse.

Built by a team of experienced traders, gaming specialists and IT engineers with an entrepreneurial spirit, the Knightsbridge DAO was built with a mission to create a unique ecosystem for the financial savvy user.

Our operations span across the entire blockchain value chain cantered around our KXCO™ Exchange. We act as expert traders, liquidity providers, structure serious DeFi products, miners & validators and offer Financial, Blockchain & Metaverse infrastructure and educational services to our clients and users.

We operate on a continuous basis 24/7 with a presence around of the world, from our headquarter in Bangkok and from a network of local representations in Dubai, New York, Croatia, Singapore and St. Vincent & Grenadines.

You may also like

logo-white

Your Trusted Source for Capital Markets & Related News

© 2024 LiveTradingNews.com – For The Traders, By The Traders – All Right Reserved.

The information contained on this website shall not be construed as (i) an offer to purchase or sell, or the solicitation of an offer to purchase or sell, any securities or services, (ii) investment, legal, business or tax advice or an offer to provide such advice, or (iii) a basis for making any investment decision. An offering may only be made upon a qualified investor’s receipt not via this website of formal materials from the Knightsbridge an offering memorandum and subscription documentation (“offering materials”). In the case of any inconsistency between the information on this website and any such offering materials, the offering materials shall control. Securities shall not be offered or sold in any jurisdiction in which such offer or sale would be unlawful unless the requirements of the applicable laws of such jurisdiction have been satisfied. Any decision to invest in securities must be based solely upon the information set forth in the applicable offering materials, which should be read carefully by qualified investors prior to investing. An investment with Knightsbridge is not suitable or desirable for all investors; investors may lose all or a portion of the capital invested. Investors may be required to bear the financial risks of an investment for an indefinite period of time. Qualified investors are urged to consult with their own legal, financial and tax advisors before making any investment. Knightsbridge is a private investment firm that offers investment services to Qualified Investors, Members and Institutions ONLY. Qualified Investors are defined as individuals who have met those Qualifications in the relevant jurisdictions. Members are defined as individuals who have been accepted into the Knightsbridge membership program. Institutions are defined as entities such as banks, pension funds, and hedge funds. If you are not a Qualified Investor, Member or Institution, you are not eligible to invest with Knightsbridge. All investments involve risk, and there is no guarantee of profit. You may lose some or all of your investment. Past performance is not indicative of future results. Knightsbridge is not a registered investment advisor, and this disclaimer should not be construed as investment advice. Please consult with a qualified financial advisor before making any investment decisions. By accessing this website, you agree to the terms of this disclaimer. Thank you for your interest in Knightsbridge.