ADAB Solutions is the upcoming project of crypto industry, its fresh, unique and interesting. Due to the growing interesting for ADAB Solutions, we figured that the best person to talk about the project would be its founder and CEO. What was the inspiration behind this project? How idea of the first Sharia compliant crypto exchange came up? CEO: Ive been in the crypto industry for a while, and I have an expertise in finances as well. As an observer by nature, I always follow the news, updates and tendencies of the crypto market. As we were working on our research, we came up with the list of problems industry is facing at the moment, and huge portion of it goes to Muslim communities. We found out, that:
There is an absence of crypto exchange, which would guarantee all the business operations to be Sharia compliant.
Muslims are hesitant to be engaged in crypto market
The uncertainty of Muslims regarding the cryptocurrencies
The lack of zakat payments from the revenue coming from business operations
It is obvious, that plenty of cryptocurrencies are not following the norms of Sharia law, and Muslims should avoid those projects. Muslims should know, there are plenty of scam projects, whose business operations and processes are haram by their nature.
That being said, there are some projects following the Sharia laws in all of their business operations, and worth the attention of the public.
Muslim community needed a platform to do business with right cryptocurrencies, to participate in an innovational development, to create more unique projects and companies.
ADAB Solutions company is established, to create a platform for halal projects, to work in accordance with Sharia laws and Islamic finances. Our primary goal is to assist people to sort out, what is and what is not Sharia compliant in the crypto market.
ADAB Solutions sincerely believes that, the platform will benefit the market, by presenting more useful and valuable halal projects.
People should believe, cryptocurrencies can be reliable and safe.
Youve mentioned the Islamic finances. What are some key principles of Islamic finances your company is adopting? CEO: Islamic finances are valued among intergovernmental and international organizations as a financial mediatory, and has a huge potential to strengthen the relation between financial institutions and real economy sector. The opportunity of Islamic finances to broaden the inclusivity of financial services and the focus on community welfare are totally compatible with the Global Sustainable Development Goals of OOH. By the assessment of International Monetary Fund (IMF), Islamic finances present the opportunity to strengthen the financial mediatory, increase the level of financial services and raise investments for sustainable economic development of IMF member countries. Global Bank (GB) is considering Islamic finances as an effective tool for financial development for countries from all over the world, including non-Muslim countries, which allows solving the problem of poverty and will contribute to the prosperity of the whole world. Islamic finances follow the norms and rules of Sharia. This is the main difference between Islamic and traditional finances. The important note here, Islamic finances are not the completely religious notion. Products and services of Islamic finances are pretty popular among non-Muslim countries as well. Islamic crypto economy can be characterized as a bundle of financial mechanisms allowing the process of fund-raising, without abandoning the rules and basic principles of Sharia. The Sharia compliant principles imply, moral and socially acceptable behavior, no manipulations or speculations within business operations and processes, transparency of business operations, social responsibility, and caring for the welfare of community, by arranging charity organizations and giving back to the community, helping those in need, and less fortunate people. Many questions have been asked regarding the audience of ADAB Solutions. So, who are the potential customers of ADAB Solutions? CEO: ADAB Solutions adopts the principles and norms of Sharia law, guaranteeing the ethical ways of doing business. Allowing the transparency of business operations; banning any manipulations, speculations within business operations; moral and socially acceptable behavior; contributing to the welfare of the society. All mentioned above, will be accomplished by following Sharia norms. We are using Sharia norms as an inspiration and guidelines to build our business processes. That being said, we are focusing on much broader audience, including non-Muslim communities as well. Our main goal here- is to make people view and treat Islamic ways of doing business as a solid management model, which would allow the increase in productivity and efficiency of company operations. World has seen many examples of great management models and tools. Japanese management models are the brightest example. Japanese management models have originated as a result of appliance of Japanese wisdom and ideology. The continuous improvement and great time management of Japanese culture has lead to the creation of very successful and fully functional models. As the world recognized the potential of that management model, one by one companies have started engaging and adopting those methods to their business operations. As a result, more and more companies have reached the level of full productivity and highest revenue generation by only applying those methods. Japanese methods of business running have proved that, methods can be applied and adopted beyond the place it was first originated from. As for Islamic management model, it guarantees the ethical ways of doing business. The project is for everyone regardless of race, nationality and religion. There is no place for discrimination. We are presenting the opportunity to Muslim community to invest and participate in halal projects, without worrying about the ethical part of it. As for non-Muslim communities, we are offering the high-tech, efficient platform to run their operations and business transactions. ADAB Solutions is for everyone!!! It is very promising project. The First Islamic Crypto Exchange, what are some directions you would like to take on in the future? CEO: Future is uncertain and spontaneous. The success of the project primarily depends on the customer feedback. If society accepts us and our ideas, success guaranteed. I think, the main thing here, is to send our message right and build a strong connection with our target audience. To make people feel and see what the project is all about. Even now, we are getting positive feedbacks from people from different backgrounds and spiritual beliefs. I personally believe that this a good index. There are some significant aims for the future. Firstly, we are planning to arrange charity works. ADAB Charity fund will be operating on the basis of charity organization, helping less fortunate people and people in need. People who have donated some funds will be able to track where their funds have gone and who received them. Particular amount of annual revenue will be invested in ADAB Charity fund. Second, we are planning to launch ADAB news portal. Some up to date news, from fields of finances and tech will be published there. Non-stop online discussions among subscribers will be held. There are some tremendous plans for the future. It s only a beginning. Stay tuned for more news from ADAB Solutions!!!!
https://www.facebook.com/adabsolutions/
https://twitter.com/AdabSolutions
https://www.reddit.com/r/adabsolutions/
https://steemit.com/@adabsolutions
https://medium.com/@adabsolutions
https://t.me/Adabsolutions
https://t.me/adabannouncement
#Adab #Muslims #investments #crypto-economy#Islamic#finance#cryptocurrency #exchange#FICE#Shariah#trading#cryptocurrencies#Muslim #community#market#digital#economy