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Muslim Coin Launches Its Islam-Compliant Cryptocurrency

·2 min read

Paris, France--(Newsfile Corp. - August 12, 2021) - Muslim Coins is an Islamic coin on the cryptocurrency market. They provide technology-based financial services that comply with Islamic values and participate in the contemporary financial world. This is a Sharia-compliant cryptocurrency which allows Muslims to achieve their religious duty regarding financial obligations with a correct tool.

Initial Coin Offering (ICO) is a funding technique for businesses similar to an IPO or initial public offering in regular companies.

Muslim Coins

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CEO and Founder of Muslim Coins, Cherif holds a master's degree in Economics, Mathematics, and Finance, with a 15-year-experience in banking and finance.

As the number of Muslims is projected to rise toward 2.2 billion by 2030, Muslim Coins is unlocking the doors of cryptocurrency trading in the Islamic world. Whilst global cash transactions have become a normal practice in the world, people need to be able to wire money from one country to another without paying high transaction charges. Muslim Coins works with specialists to guarantee compliance in terms of Islamic rules and principles. It is based on a decentralized innovative financial solution that allows fast and cost-efficient global money transfers while keeping it compliant with Islamic finance's rules. Its mission: to connect inventive financial solutions with values and humanity - finally allowing everybody, including Muslims, to honestly participate in today's financial world. The Muslim Coins ecosystem works on a pre-mined BEP20 token, that allows fast transactions and needs no mining. There will be a wallet for securing your tokens, and a digital bank built upon the Islamic finance guidelines and values. There is no time limit on how long you could keep the money in your wallet, as withdrawals could be made at any time. Muslim Coins would offer a variety of benefits through technology-based financial solutions.

This ICO was born out of a wish for independence, for the future cryptocurrency to be capable of completely integrating itself into the DeFi ecosystem. Muslim Coins are a democratic, transparent, economic tool, and its token is the initial form of the project, its first step for those who so desire to invest in a future of shared achievement.

The Muslim Coins would allow people to respect their holy duties just by using it, as MUSC tokens allow to do one's zakat: a 2% tax on all transactions is converted into classical currency, then reversed to associated charities. That function will also be permitted when the Muslim Coins credit card will be developed, allowing one to make direct zakat while using the card in any condition.

Media Contact Details:

Company: MUSC Project
Website: https://muslimcoins-ico.com/
Email: contact@muslimcoins-ico.com

Disclaimer: All investment strategies and investments involve the risk of loss. Nothing contained in this article should be construed as investment advice. Any reference to an investment's past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/92912