Sharia-compliant solutions
Sharia Crypto Foundation is dedicated to empowering businesses through ethical, Sharia-compliant solutions that leverage the power of blockchain technology. We believe in combining innovation with integrity to foster sustainable business growth, enhance transparency, and build trust with both customers and partners. Our mission is to make the world of digital finance accessible, inclusive, and responsible by offering tools and services that are aligned with Islamic financial principles.
Requirements and Criteria for All Services
Adherence to Islamic Financial Principles
Compliance with Permissible (Halal) Transactions
Compliance with Permissible (Halal) Transactions
All products and services must be free from elements of riba (interest), gharar (excessive uncertainty), and maysir (gambling or speculation). Riba is considered exploitative and unjust, while gharar and maysir carry risks that do not align with Sharia principles. sharia cryptocurrency
Compliance with Permissible (Halal) Transactions
Compliance with Permissible (Halal) Transactions
Compliance with Permissible (Halal) Transactions
Products and services must avoid transactions considered impermissible under Sharia, such as those related to alcohol, gambling, tobacco, or unethical sectors.
Operational Transparency
Compliance with Permissible (Halal) Transactions
Data Security and Privacy
Companies must demonstrate clear processes in every stage of their operations, including accurate financial reporting, to prevent any room for manipulation or ambiguity.
Data Security and Privacy
Commitment to Continuous Compliance Monitoring
Data Security and Privacy
Products and services must meet strict security standards to protect customer data, ensuring that personal and financial information remains secure from misuse.
Ethical Fund Management
Commitment to Continuous Compliance Monitoring
Commitment to Continuous Compliance Monitoring
If a product or service involves fund management, the funds must be invested or managed in a manner consistent with Sharia principles, without excessive speculation or high-risk investments without a clear basis.
Commitment to Continuous Compliance Monitoring
Commitment to Continuous Compliance Monitoring
Commitment to Continuous Compliance Monitoring
Halal certification is not merely an initial verification; businesses must commit to maintaining Sharia standards through ongoing monitoring.
Fair and Non-Discriminatory Business Practices
Support for Sustainability and Social Responsibility
Fair and Non-Discriminatory Business Practices
Businesses must uphold principles of fairness by avoiding discrimination against customers, partners, or employees based on unjust factors.
Clear and Valid Contractual Processes
Support for Sustainability and Social Responsibility
Fair and Non-Discriminatory Business Practices
All contracts must be legally binding under Islamic law, ensuring that both parties agree to terms with full awareness and without coercion.
Support for Sustainability and Social Responsibility
Support for Sustainability and Social Responsibility
Support for Sustainability and Social Responsibility
Sharia Crypto Foundation encourages companies to adopt business practices that support sustainability and social welfare in accordance with Islamic values.
Periodic Audits and Monitoring
Periodic Audits and Monitoring
Support for Sustainability and Social Responsibility
To maintain halal status, Sharia Crypto Foundation will conduct regular audits and continuous monitoring of certified products or services.
What They Say About us
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Sharia Crypto Foundation
Office 3203, 32nd Floor, Iris Bay Tower, Business Bay, AlMustaqbal Street, Dubai, UAE
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