- Islamic Coin will be listed on the KuCoin exchange on October 10.
- The crypto project has established several partnerships this year.
- It launched a public sale on Republic just days ago.
Islamic Coin is set to go live on one of the world’s largest cryptocurrency exchanges by trading volume — KuCoin — on October 10.
Islamic Coin team attended COP27
The Shariah-compliant cryptocurrency aims to expand access to financial services while minimizing energy consumption, aligning with United Nations sustainability goals.
Over the past year, Islamic Coin has participated in a number of high-profile events, including the Youth International Conference and COP27, to strengthen industry relationships. Mohammed AlKaff AlHashmi, the project’s Chief Executive Officer, said in a press release:
We look forward to building more relationships with leading exchanges, to bring the benefits of Shariah-compliant finance to the Muslim community and beyond.
Earlier this year, Islamic Coin announced a strategic partnership with DDCAP Group to facilitate integration with global Islamic banks.
Islamic Coin expands partnerships
The upcoming KuCoin listing will be the first for the native currency of Haqq, a network focused on ethical investment practices; the project allocates 10% of issuance to charity.
Islamic Coin has formed collaborations with companies such as Fambras, Pyypl, Sushi, and Holiday Swap. Its advisory board includes members of UAE ruling families, including Juma bin Maktoum Al Maktoum.
Targeting seamless transactions and Shariah-compliant financial instruments, the project reported raising a record $400 million in a private sale, according to the press release issued Monday.
This crypto market news comes just days after Islamic Coin initiated a public sale through OpenDeal Inc., which operates under the name Republic.