• The Islamic Coin project has been gaining support from major public figures in the Muslim world, including UAE Naval Chief Rear Admiral Sheikh Saeed bin Hamdan bin Mohammed Al Nahyan and Sheikh Hazza bin Zayed Al Nahyan.
• Islamic Coin is a Shariah-compliant digital currency that aims to create an ethics-first financial ecosystem for the world’s Muslim community.
• The project features prominent figures such as Khamis Buharoon AI Shamsi and Hussein Al Mehairbi on its executive and Shariah boards.
Growing Support for the Islamic Coin Project
In recent months, the problem of conforming the Shariah financial system with digital currencies has found a solution that suits everyone – at least, that’s what growing support for the Islamic Coin project from major public figures in the Muslim world seems to show. The latest addition to the already impressive digital currency advisory board is UAE Naval Chief Rear Admiral Sheikh Saeed bin Hamdan bin Mohammed Al Nahyan, a military hero and a highly respected and influential public figure in the United Arab Emirates. He has joined the Swiss non-profit HAQQ Association to support Islamic Coin as a private individual.
Prominent Figures Joining Advisory Board
Sheikh Saeed bin Hamdan bin Mohammed Al Nahyan is not the only prominent figure who has joined the Islamic Coin advisory even in recent weeks. Sheikh Hazza bin Zayed Al Nahyan, the grandson of the first president of UAE, Sheikh Zayed bin Sultan Al Nahyan, has also entered the crypto world as a top advisor to Islamic Coin. „It is a great pleasure to join such a diverse and focused team and work together on bringing unique and life-changing solutions to the Muslim world and beyond,“ he commented. The Islamic Coin Advisory Board also includes Sheikh Mohammad Bin Khalifa Bin Mohammad Bin Khalid Al Nahyan, Sheikh Khalifa Bin Mohammed bin Khalid Al Nahyan, and His Highness Sheikh Juma bin Maktoum Al Maktoum.
Bringing Value To Islamic Finance
Islamic Coin aims to create an ethics-first, Shariah-compliant financial ecosystem. Its mission is to give the world’s Muslim community a financial instrument for the Digital Age, enabling seamless transactions and interaction while helping to promote innovation and philanthropy. 10% of each issuance is deposited into the Evergreen DAO and invested in Islam-related ventures or donated to Muslim charities. Potentially, all of the world’s Islamic internet user population of 1.1 billion could become customers of Islamic Coin — and plans are made by founders reach out as widely as possible. With over 100 000 users already part of its community – growth continues rapidly!
Executive And Shariah Boards
Besides these members listed above there are other prominent figures heading up this ambitious project: Khamis Buharoon AI Shamsi (former Assistant Director of Finance Division & Internal Audit Division Central Bank UAE) on its Executive Board & Hussein AL Mehairbi (Dubai International Financial Center) & others sit on its Shariah board which provides guidance within principles & practices set out by Shariah Law regarding finance & investment – ensuring all operations remain ethical & compliant with traditional values held dear by Muslims worldwide!
Conclusion
By giving access to modern technology through an ethical framework IslamCoin hopes it can bring new opportunities & value adding solutions both within their network but also extend far beyond this; opening up possibilities previously unavailable due its compliance with shariah law requirements while maintaining fairness transparency security integrity – empowering future generations have access true potential offered by blockchain technology!