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Adab Solutions - The First Cryptocurrency Exchange Functioning in Accordance with Shariah Rules


Introducing
The ADAB Solutions project is developing the FICE ( First Islamic Crypto Exchange), based on the Shariah norms. The purpose of the ADAB Solutions project is the creation of the cryptocurrency platform, exchange, and services that comply with the norms of the Shariah and operate on the principles of Islam. ADAB Solutions will create services based on the high moral and cultural values of Islam and will provide access to all users of crypto-economics. The principles and values of the project coincide with the principles on which Islamic finance is based and area based on the norms of the Shariah.


Getting Started Development
If we talk about the financial system that is present in this world, we will surely find very complex rules and governance, which will regulate the whole of the financial system so that it can run regularly and systematically. Of course, the financial system is closely related to the economic situation of a country, for example, most of the countries in the world today have a financial system that is influenced by western countries. Whereas the Middle East implement a Sharia-based financial system.

But what will be discussed at this time is the Islamic financial system. According to Wikipedia Islamic finance is a banking or financing activity that complies with sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic banking/finance include Mudarabah (Profit sharing and loss bearing), Wadiah (safekeeping), Musharaka (joint venture), Murabahah (cost plus), and Ijara (leasing). So it can be interpreted that the Islamic financial system is a financial system that implements Islamic values.



According to statistical data, the Global Islamic Finance Assets for 2018 is $ 2,632 Billion (Islamic Banking) and reaches $ 3,792 in 2022. This is very natural because the Muslim population in the world reaches 1.8 billion people, and increases every year. And this is what is currently being developed by the Adab platform, a crypto platform that combines the Islamic financial system with cryptocurrency, which makes it more stable, profitable and halal.

ADAB Solutions will become FICE (First Islamic Crypto Exchange) based on Islamic norms. ADAB Solutions will help crypto-enthusiasts to be able to access the crypto platform that is free from "Haram" and guarantee that all projects they access are free from gambling, pornography, financial pyramids, and so on.
Adab Solutions: Objectives and missions
  • Developing the FICE - First Islamic Crypto Exchange, based on Shariah norms.
  • Build crypto-exchange platforms, a stock exchange, and services that are in accordance with Islamic norms.
  • Professional and courteous services.
  • Create a structure that will establish new ethical standards for doing business in the industry.
Problems that will be solved by Adab Solutions
  • Problems regarding halal or not cryptocurrency transactions.
  • Problem of excessive risks in cryptocurrency systems.
  • Problem of developing Islamic crypto-exchange infrastructure.
Principles of Islamic Finance
ADAB Solutions will ensure that the entire system will run according to Islamic principles. So the following are actions that will be carried out by ADAB Solutions;
  • Supervision of the management of ADAB Solutions.
  • The responsibility of ADAB Solutions.
  • Establishment of The Shariah Advisory Board.
  • Implementation of internal Shariah supervision.
  • Shariah Research.
  • Shariah Audit.
  • Managing the risk of non-compliance with Islamic norms.
In Conclusion
ADAB Solutions is a sharia platform that will fully implement Islamic norms into a crypto-economic system, which will result in a platform that is "Halal" and free from crimes such as usury, gambling, pornography, etc. So that it helps investors or crypto-enthusiasts around the world (especially Muslims) to get services that are truly safe for them.
Token Sales - Join Opportunity
It is planned that ADAB Solutions will hold a token sales event (ADAB token) on 2018-09-06. The following are the details;


Adab Solutions is Also Listed on
Adab Solutions ICO rating


Important Links
Website : https://adabsolutions.com/
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1112636
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=4720775
Twitter : https://twitter.com/AdabSolutions
Facebook: https://www.facebook.com/adabsolutions
Telegram: https://t.me/Adabsolutions
Whitepaper: https://adabsolutions.com/pdf/WhitePaper_of_ADAB_Solutions.pdf