BisMillahCoin [BMC]
ENDED: February 10, 2020Transparency Details
We have no contact details for this ICO
We have unverified information about the team
We have unverified information about this ICO
Description
Shariah-obedience is important to Muslims and to anyone who does it Business in the Islamic world. BisMillahCoin is a complete Shariah follower. The product is designed to follow three basic criteria for trading Islamic meaning: 1) there is no interest in issuance BisMillahCoin. 2) profit-loss sharing rewards are part of the project 3) have ...Read More
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Executive Summary
The BMC is accessible and available whereverand whenever you need it, no limits, no borders, which means you can transfer the BMC directly toyour friends and family at no charge.start-up companies use these funds to further develop and complete their blockchain-based softwareproject. A Shariah board certifies Islamic financial products as Sharia-loyal. Since obedience toShariah law is the basis of the existence of Islamic finance, a Shariah Supervisory Board (SSB) shouldbe established to advise on whether Islamic banks (and conventional banking companies that provideIslamic banking products and services) comply with their products and their activities and to ensurethat the activity complies with Shariah principles.
Many Muslim-majority countries have national sharia boards that govern Islamic financial institutionsnationwide.According to Juan Sol, the "first measure" that an organization wants to deliver Islamic products"must appoint a shariah board or at the very least a shariah consultant".
According to Nizam Yakubi,one of the most essential "necessary conditions" for entering into Islamic banking in a conventionalbank is "the existence of a Sharia monitoring board"
Documents
Whitelist and KYC
Timeline
Sale Starts
11th December 2019The ICO/Token/Coin sale opens
Happened: 4 Years, 11 Months, 11 Days ago
Sale Ends
10th February 2020The ICO/Token/Coin sale closes
Happened: 4 Years, 9 Months, 12 Days ago
TODAY
22nd November 2024