🕌 Highlighted Islamic or Sharia-Compliant Digital Currencies
1. Islamic Coin (ISLM)
• Operates on the Haqq network.
• Aims to build an ethical digital economy.
• Adheres to Islamic finance principles such as avoiding usury and uncertainty.
• Supported by Sharia scholars and regulatory bodies.
2. CAIZcoin
• Promoted as the first globally licensed Islamic digital currency.
• Focuses on transparency, fairness, and ethical financing.
• Based in Europe and subject to strict financial regulations.
3. FICE (Falah Islamic Coin Exchange)
• Not a currency itself, but a trading platform for Sharia-compliant currencies.
• Aims to provide a trading environment free from usury and prohibited areas.
4. Gold-Backed Islamic Tokens
• Some Islamic projects issue digital tokens backed by gold, such as OneGram.
• The goal is to combine financial stability with Sharia compliance.
✨ Is it really “Islamic”?
Not every project that claims to be Islamic is considered so legally. The evaluation depends on:
• The presence of an independent Sharia supervisory board.
• Adherence to Islamic finance principles.
• Transparency in contracts and activities.
