š Haqq Blockchain: Pioneering Sustainable Finance with ISLM
Haqq Blockchain, as an ethics-first Layer 1 (L1) blockchain, fosters collaboration among sustainability-focused developers, validators, and Muslim innovators. By leveraging the Cosmos SDK and adopting an Ethereum Virtual Machine (EVM)-equivalent chain, Haqq offers a seamless platform for deploying smart contracts.
Islamic Coin (ISLM), at the core of Haqq Blockchain, is a Shariah-compliant cryptocurrency designed to adhere to Islamic financial principles. With a limited supply of 100 billion coins, ISLM caters to the values of the Muslim community.
Haqq introduces the Shariah Oracle, an on-chain registry ensuring compliance with Islamic principles. This paves the way for an ecosystem where users exclusively engage with whitelisted Shariah-compliant dApps. The Evergreen DAO, allocating 10% of each ISLM issuance to charitable endeavors, highlights the platform's commitment to social responsibility.
With over 1 million followers and an Advisory Board featuring members of ruling families, Haqq Blockchain has gained significant traction. A Fatwa issued by the Shariah Board, including Sheikh Dr. Nizam Mohammed Saleh Yaquby, adds credibility. The Middle East Blockchain Awards recognized Haqq as the Most Promising ESG Crypto Project.
Islamic Coin's potential is driven by the global influence of the Muslim world. Aiming for 3-4% of the Muslim online community to hold ISLM, the cryptocurrency has the potential to generate substantial value for its holders and contribute significantly to the Evergreen DAO.
In summary,Haqq Blockchain and Islamic Coin represent the convergence of cutting-edge technology and ethical finance, paving the way for a more sustainable and inclusive financial future. As the world increasingly focuses on blockchain and social responsibility, Haqq Blockchain is poised to leave a lasting impact on the landscape of sustainable finance.