Ethical Investing in the Digital Age: Onramp.money Integrates Islamic Coin (ISLM)

Onramp.money
2 min readMay 9, 2024

In a monumental step towards inclusivity and ethical finance, Onramp.money proudly introduces the listing of Islamic Coin (ISLM), a revolutionary cryptocurrency meticulously crafted to adhere to the principles of Islamic finance. This partnership marks a significant milestone in the realm of digital assets, offering a secure and compliant investment avenue for individuals seeking to align their financial practices with their faith.

About Islamic Coin (ISLM):

  • ISLM serves as the native currency of the HAQQ Network, a highly scalable layer 1 blockchain built using the Cosmos SDK and operating on the proof-of-stake (PoS) consensus mechanism.
  • Developed with the tenets of Islamic finance at its core, ISLM aims to bridge the gap between traditional Islamic values and the modern digital economy.
  • It provides a secure gateway for individuals seeking Shariah-compliant investment opportunities within the cryptocurrency space like DeFi Sukuks utilized for paying transaction fees, governance, staking and providing liquidity.

Shariah-Compliant Investment Avenue:

ISLM offers a unique solution for the global Muslim community, encompassing approximately 2 billion individuals worldwide. With a focus on ethical finance, ISLM enables users to participate in the digital economy while adhering to Islamic financial principles.

Compatibility and Versatility:

As an EVM equivalent, Haqq Network is compatible with various blockchains based on Cosmos SDK and EVM (Ethereum), fostering interoperability and expanding their utility beyond financial applications. Technical features such as compatibility with platforms like EVMOS, Cronos, and Osmosis position the Haqq Network as a versatile platform for diverse applications, including social networking, gaming platforms, and educational projects.

Shariah Oracle: Promoting Ethical Practices:

The Shariah Oracle, a key feature of ISLM and the Haqq Network, ensures adherence to Islamic ethical standards by whitelisting Shariah-compliant smart contracts for interaction through the HAQQ Wallet. This innovative approach not only enhances transparency but also provides Muslim users and ESG-driven investors with confidence that their investments align with their religious and ethical beliefs.

Unlocking Accessibility: Onramp.money’s Integration:

Onramp.money’s latest integration enables users across the globe to seamlessly purchase ISLM using 21+ fiat currencies, simplifying the process and fostering accessibility. This integration opens up new avenues for individuals to participate in the digital asset space, empowering users to engage in ethical finance seamlessly.

Conclusion: A Partnership with Promise:

  • The partnership between Onramp.money and ISLM signifies a commitment to transparency, accessibility, and innovation in the cryptocurrency space.
  • Together, these two entities are poised to reshape the landscape of digital assets, offering a bridge between finance and faith for individuals worldwide.
  • Whether you’re a newcomer or a seasoned investor, now is the time to join the revolution and explore the exciting possibilities that await with Onramp.money and ISLM.

Stay tuned for more updates and exciting campaigns for early Onramp.money’s App users!

Onwards & Upwards,
Team Onramp.money

--

--

Onramp.money

The easiest way to accept crypto payments for 🇮🇳. Visit us at https://onramp.money