The Mosque NFTs to mint 12,000 Shariah Compliant Digital Mosques on Ethereum
In 2021, over $40 billion of NFTs changed hands, marking a 20X increase from 2022, thrusting NFTs into the limelight, demonstrating the use cases of yet another blockchain innovation. NFTs bear similarities with cryptocurrencies in that both deploys from a public chain and their transactions are open and, thus, can be traced. However, beyond transparency and launching from public chains, NFTs are unique, limited in supply, and in recent times being used as a store-of-value in stormy crypto market conditions. Because they are unique and valuable, projects can use NFTs to raise funds for....
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Increasingly, charities worldwide accept crypto donations and are even experimenting with equally exciting opportunities in NFTs to further their novel causes. Cryptocurrencies and NFTs are a global phenomenon launching from public chains such as Ethereum and the BNB Chain, facilitating the free flow of funds and enabling true ownership of digital assets with on-chain provenance. […]
A shariah compliance expert, the current chairman of the Shariah Advisory Council at Malaysia’s central bank and a shariah board member at many financial companies, says that cryptocurrency is a legit commodity that can be exchanged. Cryptocurrency and Shariah Compliance Cryptocurrency adoption and investments remain low in Muslim countries as people are still unsure of its compliance with Islamic law. At the SCxSC Fintech Conference 2020 last week, Datuk Dr. Mohd Daud Bakar, an expert in shariah compliance, said that investors need more time to understand cryptocurrency from the....
Launching soon, CoinMENA said it will offer spot trading in five major cryptocurrencies.
Top financier and banker Hussein Al Meeza has joined Islamic Coin – the Shariah-compliant cryptocurrency launched in the UAE. Having been named Best Islamic Banking Personality in 2006, Mr. Al Meeza is an acclaimed award-winning expert with over 40 years of experience spanning the Islamic banking, finance and insurance sectors, and has been one of the key personalities involved in establishing Dubai Islamic Bank. Among his many accolades and executive roles are some of the Region’s top institutions. Mr. Al Meeza is the founder of Al Salam Banks in Sudan, Bahrain and Algeria, as well....
Another day, another TV show headed to mint. Meanwhile, there’s another ecommerce conglomerate who is seemingly bulllish on NFTs. It’s another daily recap of all things NFTs. The Nightly Mint Latest Mint: American Idol In yesterday’s ‘Nightly Mint,’ we covered television channel AMC’s new ‘The Walking Dead‘ NFTs that went to listing. Today it’s ‘American […]