$0.034
1.16%
$0.033
24h Range
$0.036
Market Cap
$55,001,411.3
Fully Diluted Valuation
$3,411,443,161.2
24 Hour Trading Vol
$3,227,164.6
Circulating Supply
1,612,262,279.0
Total Supply
20,189,505,569.2
Max Supply
100,000,000,000.0
Islamic Coin Price
$0.034
24h Range
$0.033 - $0.036
Percent Change 1h
-4.16%
Percent Change 24h
1.16%
Percent Change 7d
52.5%
All-time high
$0.303
All-time low
$0.020
1D
7D
1M
1Y
All
Islamic Coin (ISLM) is a cryptocurrency designed to align with Islamic principles and values. It aims to provide a Halal alternative to traditional cryptocurrencies by ensuring compliance with Sharia law. Launched in 2023, ISLM focuses on creating an ecosystem that promotes ethical investing, financial inclusion, and charitable contributions, which are core tenets of Islamic finance. The platform also emphasizes transparency and security, leveraging blockchain technology to facilitate peer-to-peer transactions in a compliant manner.
The founders of Islamic Coin are a group of experienced entrepreneurs and professionals in the fields of finance and technology. The key figures include Saif Aldin Al-Awlaqi, who has a background in Islamic finance and blockchain technology, and Dr. Iman Shams, a specialist in Islamic economics. Together, they aim to bridge the gap between traditional Islamic finance and modern blockchain applications, promoting a new financial paradigm that adheres to Islamic principles.
Islamic Coin operates on a decentralized blockchain, utilizing smart contracts to automate transactions and enforce compliance with Islamic finance rules. The coin is built on the Ethereum blockchain, which enables it to leverage the advantages of a secure and widely adopted network. Transactions made with ISLM are peer-to-peer, eliminating the need for intermediaries and reducing transaction costs. The platform supports various functionalities such as staking, which allows users to earn rewards while contributing to the network's security and operations. Additionally, Islamic Coin incorporates a built-in mechanism for Zakat, enabling users to automatically allocate a portion of their holdings to charitable causes, thereby promoting social responsibility.
Islamic Coin serves various purposes within its ecosystem, with the following being the top use cases:
To ensure the safety of your Islamic Coin holdings, consider the following best practices:
Investing in Islamic Coin (ISLM) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Islamic Coin: Once your account is funded, you can purchase Islamic Coin directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Islamic Coin using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Islamic Coin (ISLM) is currently trading at $0.034 and exhibits good potential for future growth. Check the latest Islamic Coin (ISLM) price prediction.
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