Shariah-compliant Islamic Coin to support SDG-compliant ventures, green projects, and philanthropy

FinanceFeeds Editorial Team

Shariah-compliant Islamic Coin has recently launched a collaboration with the World Green Growth Organization and the International Youth Conference 6, taking place on September 22-25th and September 30th-October 1st, 2022, in New York. 

Shariah-compliant Islamic Coin has recently launched a collaboration with the World Green Growth Organization and the International Youth Conference 6, taking place on September 22-25th and September 30th-October 1st, 2022, in New York. 

As announced by the project’s representatives, its native Evergreen DAO will be a direct contributor and supporter of UN-connected initiatives such as the WGGO.

Supporting the global drive for sustainable development

Islamic Coin aligns with international efforts to improve people’s lives and support the transition to a greener economy by supporting innovation, youth employment, women in the workplace, and ventures aimed at UN Sustainable Development Goals.

10% of each issuance will be deposited into the Evergreen DAO for further investment into Islam-related ventures or donated to Muslim charities, bringing direct economic value to the community. 

“It is an honor and a pleasure to partner with WGGO and support their youth-backed initiatives to promote the resilient development of the climate. The values of Islam and sustainable development are incredibly close. At the end of the day, we are all working together to make this a safer, better planet”, commented Islamic Coin co-founder Mohammed AlKaff AlHashmi.

A financial tool for Muslim users around the globe

Islamic Coin is a native currency of Haqq community-run blockchain, dedicated to empowering an ethics-first Shariah-compliant financial ecosystem. Its mission is to give the world’s Muslim community a financial instrument for the Digital Age that would enable seamless transactions and interaction while supporting innovation and philanthropy. With a finite total supply, Islamic Coin meets all criteria of a Halal asset. 

Targeting 1.1 billion Muslim internet users worldwide, Islamic Coin has attracted attention from leading figureheads in traditional and Islamic finance. In August 2022, Islamic Coin secured $200m during a private sale, beating all year’s records. 

His Excellency Sheikh Khalifa Bin Mohammed Bin Khalid Al Nahyan joined Islamic Coin’s board

The Project’s Board Of Advisors has recently welcomed His Excellency Sheikh Khalifa Bin Mohammed Bin Khalid Al Nahyan. Central to Islamic Coin’s ethics-first sustainability drive, his experience will prove invaluable when the Shariah-compliant crypto launches its Evergreen DAO, focused on supporting SDG-compliant ventures and charities worldwide.

H.E. Sheikh Khalifa is a member of the Abu Dhabi Ruling Family. He holds a number of prominent positions, including Secretary-General of the Arab Fund for Crisis and Disasters Response, Chairman of the Board of Directors of the Wajib Volunteering Team, and Chairman of the Board of Directors of the Wajib Volunteer Association. As announced on September 20, 2022, he has also been appointed UAE Ambassador to Jordan.

“It is an honor and obligation to join Islamic Coin and work together on building what will bring so much positive change,” commented H.E. Sheikh Khalifa. 

To learn more about the project, visit the official website.

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