skip to Main Content
bitcoin
Bitcoin (BTC) $ 94,563.34 0.29%
ethereum
Ethereum (ETH) $ 1,787.97 0.75%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.29 0.60%
bnb
BNB (BNB) $ 603.86 0.19%
solana
Solana (SOL) $ 147.28 1.00%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.178246 1.73%
cardano
Cardano (ADA) $ 0.699223 1.82%
tron
TRON (TRX) $ 0.24804 0.51%

Islamic Coin in Pact With CoinDesk Indices to Discuss Sharia-Compliant Benchmarks

Islamic Coin has entered into a memorandum of understanding with CoinDesk Indices to discuss building Shariah-compliant crypto benchmarks for the Middle East and North Africa markets.

Another aim of the partnership is licensing various CoinDesk Indices benchmarks for exchange-traded financial products, Also, HAQQ – a blockchain focused on creating a Shariah-compliant financial system and the home of Islamic Coin – will get access to CDI’s API for selected digital assets, including for its digital asset exchange.

“With the global Islamic finance market forecasted to surpass $3.69 trillion by 2024, this collaboration is poised to reshape the landscape of Shariah-compliant digital financial services,” said Mohammed AlKaff AlHashmi, founder of Islamic Coin.

CoinDesk Indices is a subsidiary of CoinDesk.

Edited by Kevin Reynolds.

Loading data ...
Comparison
View chart compare
View table compare
Back To Top