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Nugenesis Ecosystems – Upholding the Principles of Monotheism Financial Practices, Paving the Way for Future Application of Islamic and Non-usury Banking
Islamic scholars have long had major issues with whether cryptocurrency is permissible, and is it equal or more appropriate to Islamic finance than Fiat? All Monotheism religions have strict rules around finance, and it historically defines currency as commodities with intrinsic value — gold, silver, metals, tradable products, etc. дальше »
2021-7-20 01:39 | |
U.K. Sales Person Pleads Guilty For Using Bitcoin to Fund Islamic State (IS)
Bitcoin and Altcoin Transactions are usually anonymous and untraceable. As a result, it is generally easier to carry out shady deals with crypto knowing that the perpetrator might succeed without detection. дальше »
2021-7-17 19:31 | |
Caizcoin Introduces Islamic-Themed Blockchain Platform
Caizcoin, an Islamic blockchain protocol built to close the gap between the Islamic financial system and the crypto-asset industry. The firm is on the verge of developing a means for Islamic believers and also non-Islamic users a means to transfer money globally in compliance with the Islamic finance rules. дальше »
2021-7-4 20:44 | |
Iranian Authorities Raid Illegal Cryptocurrency Farm, Seize 7,000 Bitcoin Mining Machines
More than 7,000 mining machines have been confiscated by the Iranian authorities at an illegal crypto mining farm operating in the country's capital, Tehran. Iran’s Crackdown On Crypto Miners According to a report by Iranian state media, the Islamic Republic News Agency (IRNA), the raid is part of efforts aimed at stopping illegal crypto mining […] The post Iranian Authorities Raid Illegal Cryptocurrency Farm, Seize 7,000 Bitcoin Mining Machines first appeared on BitcoinExchangeGuide. дальше »
2021-6-23 18:15 | |
Tehran Government Bans Iran Blockchain Association
The Ministry of Interior of the Islamic Republic has suspended the Iran Blockchain Association (IBA). The measure comes after the organization allegedly breached government regulations. IBA unites participants in the country’s growing crypto sector who are engaged in blockchain technology development. дальше »
2021-6-21 16:00 | |
RNS Solutions & Trustedchain are Developing Blockchain based FinLit Platform for Islamic Development Bank
Pakistan, June 10, 2021: RNS Solutions Pte Ltd., the leading blockchain software development company from Pakistan, Korea, and Singapore this week announced a formidable partnership with the ICD-Islamic Development Bank Group, a multilateral development bank that promotes social and economic development in member countries, and Trustedchain software development & consultancy firm in Saudi Arabia. AsRead More дальше »
2021-6-14 10:01 | |
RNS Solutions & Trustedchain are developing Blockchain based FinLit Platform for Islamic Development Bank
Pakistan, June 10, 2021: RNS Solutions Pte Ltd., the leading blockchain software development company from Pakistan, Korea, and Singapore this week announced a formidable partnership with the ICD-Islamic Development Bank Group, a multilateral development bank that promotes social and economic development in member countries, and Trustedchain software development & consultancy firm in Saudi Arabia. As […] дальше »
2021-6-14 10:00 | |
Religious Ban on Cryptocurrencies Provokes Social Media Reproach in Ingushetia
A decision by a prominent religious body in Ingushetia to prohibit dealings with cryptocurrency has sparked controversy in the predominantly Muslim Russian republic. Critics have taken to social media to express their disagreements with the ban, pointing out that the treatment of bitcoin in Islamic jurisdictions is not one-sided. дальше »
2021-5-29 08:30 | |
Iran Warns Crypto Investors Amid Ban on Bitcoin Mined Outside Its Borders
The Central Bank of Iran has issued a warning against unrestrained crypto trading and reminded investors that only cryptocurrencies minted by licensed miners in the Islamic Republic can be used under limited circumstances. дальше »
2021-5-9 00:30 | |
CAIZCOIN – An Islamic Blockchain Platform
Derived from the Arabic word Caiz, Caizcoin is an Islamic Blockchain platform that provides money transfer services. With a vision to create financial freedom for every individual, Caizcoin offers creative financial solutions. дальше »
2021-4-2 15:41 | |
DeFi, Islamic Finance, and Crypto Culture in the UAE
With the cryptocurrency and DLT space growing in the Islamic world, BeInCrypto explores the relationship between Islamic finance, DeFi and how local culture in the UAE is impacted. The post DeFi, Islamic Finance, and Crypto Culture in the UAE appeared first on BeInCrypto. дальше »
2021-3-1 17:11 | |
Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions
With the latest amendment to the legislation, Iran has become the first country to use cryptocurrencies at a state level for import funding. The Iranian Cabinet amended legislation to redirect digital currencies into the funding mechanism of the Central Bank of Iran (CBI) for imports, as per the report by the official The Islamic Republic […] The post Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions first appeared on BitcoinExchangeGuide. дальше »
2020-10-31 19:08 | |
Iran started using Bitcoin as a legal medium of exchange
According to a recent report citing the Islamic Republic News Agency (IRNA), Iran has just become the first country to use Bitcoin (BTC) as a legal means of exchange. The country made this move due to the most recent wave of sanctions by the US’ Treasury Department. дальше »
2020-10-30 12:15 | |
The US Seizes $2M in its Largest-Ever Move Against Militant Group’s Crypto Fundraising Effort
The US Justice Department has taken down the efforts by the military wing of al Qaeda, Hamas, and Islamic State to raise funds via cryptos through schemes that sold bogus COVID-19 safety equipment to US hospitals. дальше »
2020-8-15 20:59 | |
US Officials Make Largest-Ever Seizure Of Terrorist Organizations’ Bitcoin Accounts
The United States Department of Justice just announced that they have taken out a group of financing campaigns that supported the terrorist groups al-Qaeda, Hamas, and ISIS. “The Justice Department today announced the dismantling of three terrorist financing cyber-enabled campaigns, involving the al-Qassam Brigades, Hamas’s military wing, al-Qaeda, and Islamic State of Iraq and the […] дальше »
2020-8-14 00:07 | |
Iranian Govt Approves Industrial Crypto Mining by Power Plants in the Country
The government of Iran has approved a decision that would allow industrial-scale powerplants in the country to operate bitcoin miners in their plant, given they don't use subsidized fuel. The announcement was made on July 27th in the Islamic Republic News Agency (IRNA), a local publication. дальше »
2020-7-31 23:13 | |
Malaysian Regulator's Shariah Advisory Council Allows Digital Asset Trading
The Malaysian authority that oversees compliance with Islamic law in finance has permitted digital asset trading.
дальше »2020-7-9 13:41 | |
Samsung backed startup to build an Islamic blockchain-based credit system
The Islamic Research and Training Institute (IRTI) has partnered with Samsung-backed startup, Blocko, via the E24P consortium. дальше »
2020-6-17 12:00 | |
Samsung-Backed Blocko Partners IsDB to Offer Sharia Compliant Blockchain Lending
The Islamic Development Bank’s (IsDB) research division has collaborated with Blocko, a blockchain technology company, to build a blockchain-powered credit system. Sharia-compliant Blockchain Lending According to a report by Construction Business News on Tuesday (June 16, 2020) IsDB’s Islamic Research and Training Institute (IRTI) together with Blocko, is developing a blockchain-based credit system for businesses. дальше »
2020-6-17 06:07 | |
Indonesia's second DLT project aims to support micro-SMEs and entrepreneurs
Indonesian Islamic microfinance cooperative BMT Bina Ummah is planning to issue another blockchain-based sukuk in 2020, according to a report. Ely Heni, Bina Ummah's General Manager, said that the The post Indonesia's second DLT project aims to support micro-SMEs and entrepreneurs appeared first on AMBCrypto. дальше »
2020-2-10 13:00 | |
Algorand Foundation Secures Sharia Compliance License
Algorand Foundation, the organization in charge of the Algorand (ALGO) distributed ledger technology (DLT) project has been certified Sharia-compliant by the Shariya Review Bureau (SRB). With the Shariah certification, Islamic institutions will now be able to adopt Algorand (ALGO), reports Zawya on October 21, 2019. дальше »
2019-10-23 01:00 | |
Algorand (ALGO) Obtains Sharia-Compliant Status, Welcoming Islamic Institutions On-Board
Broadly speaking, the Western world and the Islamic world are two very different worlds indeed. To operate in the Islamic financial market, companies need to gain a Sharia certification. The Algorand Foundation, a proof-of-stake blockchain, has recently announced that it had achieved just that during a press release on the 21st of October. Algorand was […] дальше »
2019-10-22 17:41 | |
TikTok fights back against ISIS propaganda
TikTok, the song-and-dance social media app that’s spiked in popularity this year, is allegedly the site of the latest attempt by the Islamic State terrorist organization (ISIS) to spread propaganda. дальше »
2019-10-22 02:43 | |
Blockchain Firm Algorand Announces Sharia Certification for Islamic Finance
Blockchain firm Algorand announced that it is now certified for Sharia-compliant financing by Bahrain’s Shariyah Review Bureau
дальше »2019-10-22 23:48 | |
Pakistan: Ripple (XRP) Partners with Major Islamic Commercial Bank
According to a Crowdfund Insider report published on September 8, 2019, major Pakistani bank, Faysal Bank Limited (FBL) has partnered with fintech firm, Ripple Inc. to launch a blockchain-powered digital payments solution. дальше »
2019-9-9 11:00 | |
Amanie Advisors Support Ether’s Compliance With Islamic Finance Law
Islamic finance and Sharia advisory firm Amanie Advisors put forward Ether’s compliance with Islamic religious law
дальше »2019-8-31 18:16 | |
Ethereum deemed halal by Muslim scholars, may stimulate ETH demand
Prominent Muslim scholars and financial advisors released a white paper declaring Ethereum “halal,” or permissible, according to Islamic Sharia law. The clarity for Muslim purchasers may stimulate additional demand for Ether. дальше »
2019-8-30 03:21 | |
R3 And Dubai-Based Wethaq Sign A Deal To Develop Sharia-Compliant Platform
R3 has been expanding its partnerships to firms all across the globe. Now, they have struck a deal with Dubai-based fintech startup, Wethaq, to pioneer the financial architecture fo the next-gen Islamic capital market. дальше »
2019-8-29 18:10 | |
R3 Partners With Dubai’s Wethaq to Develop Blockchain Platform for Islamic Markets
Coinspeaker R3 Partners With Dubai’s Wethaq to Develop Blockchain Platform for Islamic MarketsBy leveraging R3 Corda's blockchain solutions, the Wethaq platform aims to improve the market infrastructure used for issuing and trading the Sukuk securities. дальше »
2019-8-29 13:48 | |
How Governments Steal Your Money and Conceal It Through Inflation
Dozens of countries all over the world have used the same trick called redenomination to hide how they have stolen their own citizens’ money through inflation or hyperinflation. The next nation to try this economic sleight of hand is the government of the Islamic Republic of Iran. дальше »
2019-8-6 22:30 | |
Bitcoin and Cryptocurrency News Monthly Round-Up Recap: July 2019
Top News Stories from July July 1 Islamic Republic of Iran Broadcasting (IRIB) claims that the local government has seized more than 1,000 bitcoin mining devices from two separate mining farms in the country. дальше »
2019-8-3 04:12 | |
Islamic Expert on Shariah Acceptability: Halal Coin Is Only a Matter Of Time And Awareness
The Islamic financial world has some pretty big differences from its Western counterpart. For instance, in the Islamic regions of the world, the markets have to follow the Shariah, known as the Islamic law. дальше »
2019-8-3 02:38 | |
Iran government legalizes Bitcoin and crypto mining
Cryptocurrency mining farms have been booming in Iran due to its low electricity costs. According to a research conducted by Elite Fixtures, it only costs $3,217 to mine Bitcoin in the Islamic nation using specialized mining hardware, such as the AntMiner S9, the AntMiner S7, and the Avalon 6. дальше »
2019-7-23 13:51 | |
Ethereum Foundation Works To Certify Ethereum's Sharia Compliance
The Ethereum Foundation has partnered with finance experts in the Gulf Coast to work to ensure the Ethereum blockchain is compatible with Islamic financial customs, including making sure executable distributed code contracts are compliant with Islamic banking rules. дальше »
2019-7-3 00:20 | |
Can you follow the principles of Islam and still participate in Forex trading?
The Islamic religion follows a strict set of rules, and many aspiring traders wonder if participating in Forex trading is not a violation of these principles. This is a very debatable question, as the interpretation of Islamic texts depends highly on your personal spiritual leader. дальше »
2019-5-24 16:29 | |
Iran’s First Ever Bitcoin ATM Unveiled in Tehran
On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran. дальше »
2019-4-27 21:31 | |
ISIS Claims Sri Lanka Bombings as Revenge for New Zealand Mosque Shooting
By CCN. com: The Easter Sunday massacre in Sri Lanka was carried out as revenge for the shootings in Christchurch, New Zealand, according to Sri Lanka’s minister of state for defense. At the same time, Islamic State, known as ISIS, has claimed responsibility for the vicious, coordinated terror attack across Sri Lanka. дальше »
2019-4-23 15:11 | |
VIMee ICO
VIMee is a social network being developed on the Waves high speed blockchain technology that supports community building and social interaction with cryptocurrency rewards. VIMee combines the simplicity of centralized social media, with the security of decentralization, and the flexibility cryptocurrency brings. дальше »
2019-4-16 17:03 | |