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Shariah-Compliant Ecosystem operating on the HAQQ Network blockchain. Serves The Muslim Community. Promotes Islamic Values. Group Chat ➡️ @islamiccoin_int All links ➡️ https://link3.to/islamic_coin
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For our Cosmos Yield Farmers! 🚜🌾
Another opportunity to harvest some yield on Osmosis! 🧪 ⚛️
Earn up ~ 19% APR on ISLM <> USDC pool 🔥
Here's a quick guide:
1️⃣ Visit: app.osmosis.zone
2️⃣ Navigate to “Pools”;
3️⃣ Type ISLM into the search bar;
4️⃣ Scroll to ISLM/USDC pool #1690;
5️⃣ Click the pool pair and click “Add Liquidity”;
6️⃣ Connect your Keplr Wallet (Interchain wallet for Cosmos blockchains);
7️⃣ Provide liquidity on both pairs based on your available funds and click “Add”;
✅ And you’re on your way to earning up to ~ 19% APR, easy!
N.B: Remember to claim your LP rewards daily or anytime you like.
You can also remove liquidity anytime, no lock-up periods, no story.
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Osmosis Guide v1.mp418.49 MB
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🔍 Is Yield Farming Halal❓
There isn’t a one-size-fits-all answer, as it largely depends on the mechanics of the specific farming protocol. Farming in lending protocols where returns are considered interest is haram. However, yield farming through staking and liquidity provision, such as ISLM pools on @Sushiswap, is deemed halal because it adheres to a Sharia-compliant business model. 🧺
Here’s a closer look at how it works:
🟢 Variable APRs: No fixed APR in ISLM pools. The changing rates mean there's no guaranteed return, aligning with ethical finance principles.
🟢 Risk & Reward Sharing: Liquidity providers (LPs) contribute to the pools based on APR returns, sharing gains and losses and ensuring compliance with Shariah law.
🟢 Enhanced Market Liquidity: Staking in liquidity pools improves the trading experience, facilitating smoother transactions for those swapping assets.
This approach ensures that all financial activities remain within the bounds of ethical and Sharia-compliant practices.
Looking to embark on the halal yield farming journey? Here’s a helpful guide: blog.islamiccoin.net/a-guide-on-how-to-provide-liquidity-to-islm-pools-on-sushi-d96ef772e90b
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00:40
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Manage your finances, Earn Halal DeFi yields with HAQQ Wallet!
Unlock Halal crypto earnings with $ISLM! Send, receive, and stake your $ISLM to engage with exciting DeFi protocols. Earn yields that adhere to Islamic finance principles and start your journey in ethical investing. ⚡📱
Support for ERC20 tokens coming 🔜
Download now & experience DeFi that aligns with your values 👉 https://islamiccoin.net/wallet/?utm_campaign=ghh6y5retg5
HAQQ Wallet Promo v3.mp442.64 MB
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Download HAQQ Wallet
Did you know that there are 2 ways to earn passive yield for staking your ISLM?
⚒️ Network Staking:
• Delegate your $ISLM directly within your HAQQ Wallet to a validator.
• Earn more $ISLM deposited straight to your wallet.
🧺 Liquidity Staking:
• Deposit $ISLM paired with another token on DEXs like osmosis.zone, sushi.com, or app.uniswap.org.
• Earn LP tokens in return.
• Stake your LP tokens in a yield farm.
⚙️ Auto-restaking:
• Automatically compounds your staking rewards via restake.app or yieldmos.com for maximum returns. Native restaking coming 🔜
Follow us for more ways to unlock the power of your $ISLM tokens!
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📢 Partnership Announcement
HAQQ Network 🤝 Liberty Finance
We're excited to announce a strategic partnership with libfi.io, the Sharia-complaint DeFi service provider. 🚀
This alliance is set to launch the first blockchain-based private credit solution, Firoza Finance. By seamlessly integrating Sharia-compliant financing pools for investments and loans, Firoza will act as the go-to Sharia-complaint microfinancing platform within DeFi.
Through this collaboration, HAQQ users will gain access to a diverse range of halal investment opportunities, reinforcing the commitment towards inclusivity and empowerment.
Together, we’ll:
🟢Democratize access to transparent and Shariah-compliant financial services on a global scale.
🟢Bridge the gap between traditional finance and decentralized technologies.
🟢Empower underserved populations across the globe.
Read more: haqq.network/blog/haqq-partners-liberty-finance/?utm_campaign=oijjnas
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Welcome to Islamic Coin 💚
Here you’ll discover a web3 realm designed to be empowering, accessible, and Sharia-complaint! 🦾
🔍 Quick Start
$ISLM is the native currency of the HAQQ Network, a highly scalable, fast-finalizing Layer 1 blockchain that seamlessly integrates Islamic Finance principles with cutting-edge DeFi technologies. Our ecosystem extends beyond a typical network, establishing a unique web3 hub for the global Muslim community and beyond. It's a welcoming space for everyone to thrive, providing ethical financial solutions designed to enrich lives, foster inclusivity, and fuel a collective sense of purpose. Additionally, we dedicate 10% of all minted $ISLM to philanthropic efforts and community activities through our Evergreen DAO.
🪙 $ISLM
Where to buy $ISLM? Click to visit our markets
Need guidance through the process? Navigate our feed for detailed, step-by-step instructions, or simply ask for help! 🫡
📲 HAQQ Wallet
The gateway to our universe. With it, you manage your crypto and NFTs and explore a plethora of dApps within our growing ecosystem.
Where to download HAQQ Wallet? Click to install
New to creating a web3 wallet? HAQQ Wallet offers seamless onboarding with existing social accounts (e.g. google, twitter) and easy seedless recovery.
📚 HAQQ Academy
Our educational hub. Explore engaging video lessons that crack the code on money, blockchain, and how they align with Islamic Finance.
Where to start lessons? Click to visit academy on website
Visit our website to know more & join the community chat
Follow us on: Twitter || Discord || Instagram || YouTube || Medium
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Catch the Next Wave with #TheHaqqExpedition! 🌊 Vol.2
Embark on a thrilling journey of discovery and challenge! Dive in now to earn your first XP points and an NFT badge!
🔥 Tackle new challenges and make exciting discoveries weekly.
🔥 Test your limits in our competitive, limited-time sprints.
🔥 Earn $ISLM airdrops for your active engagement.
🏄♂️ To our seasoned wave riders, we have a special surprise for you!
Celebrate your past achievements with exclusive NFT badges for mastering previous challenges! 🎖️
Join the adventure: tideprotocol.xyz/users/campaign/6b63c9f8-7039-4068-9f2d-fa182fa6b2f3
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📊 Poll: If you are given $1000 worth $ISLM, how would you spend it?Anonymous voting
- Buy a Fruits of Jannah NFT
- Stake it on HAQQ Wallet
- Provide Liquidity on DEXs
- I need more ISLM
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00:36
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Welcome to a new era of effortless earning! With DeFi, you can secure returns like the 24% APR on the axlISLM / wBTC pool—far surpassing what traditional banks offer. It’s simple and transparent, letting your money work smarter.
Plus, everything is halal, so you can invest with confidence. What are you waiting for? Dive into halal DeFi and watch your investments grow. Start now!
🚀 Provide liquidity on ISLM pools with ease! 💸
👇 Learn how on Sushi.com: https://blog.islamiccoin.net/a-guide-on-how-to-provide-liquidity-to-islm-pools-on-sushi-d96ef772e90b
Sushi Guide v2.mp432.22 MB
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Download HAQQ Wallet
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🔥 The HAQQ Expedition Returns! 🔥
And it’s bigger and bolder than ever!
Remember the epic HAQQ Expedition? We're building on that momentum and launching an expedition of exploration: HAQQ Exploration Vol.2, a treasure trove of fresh quests, exclusive NFT badges, and enough rewards to fill your pockets! 🗺️🔥
⚔️ Conquer uncharted territories & become a true HAQQ conquistador!
🧗 Earn XPs, snag coveted NFT badges, and dominate the leaderboards. Remember: The higher you get, the more breathtaking the view! 😉
🏹 Discover weekly challenges, conquer limited-time sprints, and claim your share of monthly $ISLM airdrops!
🆕 New explorer? HAQQ Expedition is a community rewards program designed to deepen the community's interaction with the network through on-chain tasks. The program's initial waves saw phenomenal success, boasting over 140,000 participants and significantly bolstering engagement across the ecosystem! The success of previous waves proves one thing – YOU are the driving force!
Powered by Tide, HAQQ Exploration Vol.2 begins now! Join here: https://www.tideprotocol.xyz/users/campaign/6b63c9f8-7039-4068-9f2d-fa182fa6b2f3
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00:05
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Anticipate stability, security, and convenience with unlimited access—all in a package that aligns with your values. Get ready for the Gold-backed stablecoin!
✅ Peace of mind: Store your savings in a stablecoin backed by real gold, a time-tested hedge against inflation with historical and religious significance in Islamic culture.
✅ Borderless & speedy: Send money across borders in seconds and for a fraction of the cost with traditional methods (e.g. sending family support, zakat, sadaqah, payments).
✅ Reduced Risk: A lower risk profile than other crypto assets, aligning perfectly with Islamic principles that discourage excessive risk-taking.
This has the potential to revolutionize the financial landscape for Muslims globally! Offering worldwide reach, quicker remittances, secure value storage, and entry into the thriving digital economy—all underpinned by strict Shariah compliance. ☪️
The future of Islamic finance is coming soon to @the_haqqnetwork with a gold-backed stablecoin!
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📊 Poll: What Sharia-compliant solutions are you hoping to see on HAQQ Wallet?Anonymous voting
- Lending & borrowing protocol
- Gold-backed Stablecoin
- DeFi Sukuk
- Others (Tell in the comments)
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00:05
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📈 A quick glance at $ISLM tokenomics
🔸 $ISLM has a limited total supply of 100 billion coins with annual inflation, calculated as % of total bonded coins initially set to 7.78%, a parameter controlled by community governance. For more details on the inflation module check this.
🔸 Initial supply: 20 billion coins, distributed to early-stage investors, partners, business reserves, founders, and Evergreen DAO.
🔸 Every time a new block is added, new ISLM coins are minted & gas fees are collected, distribution is as follows:
- 10% goes to Evergreen DAO to support charitable & community projects.
- 1% to 5% goes to a block proposer and its delegators.
- The remainder is distributed proportionally to all bonded validators and their delegators.
Read more: islamiccoin.net/whitepaper
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ISLM Tokenomics_gif.mp42.58 KB
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LPs for the axlWBTC/ISLM pair on Sushi.com are reaping easy rewards in transaction fees! 😉
Join them now & grow your holdings! 🌱
Here’s how to do it in 5 easy steps:
1️⃣ Access Sushi through the HAQQ Wallet;
2️⃣ Click “Explore” and select “Pools”;
3️⃣ Select axlWBTC/ISLM pool and click “Create Position”;
4️⃣ Specify the amount you wish to deposit for each pair and choose your preferred price range;
5️⃣ Click “Provide Liquidity” and confirm the transaction.
More details? Check this guide with a video tutorial 👉 blog.islamiccoin.net/a-guide-on-how-to-provide-liquidity-to-islm-pools-on-sushi-d96ef772e90b
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Did you know bridging your ISLM from ETH to HAQQ allows you more token utilities and earning streams?
Bridging your ISLM from ETH to HAQQ Network via Axelar gives you access to explore the vast DeFi opportunities on HAQQ and governance mechanisms! 🚀
✅ Earn high APRs on ISLM SushiSwap pools.
✅ Earn staking rewards by delegating your ISLM to network validators.
✅ Participate in governance and cast your vote on network proposals.
✅ Enjoy lower transaction fees and faster speeds.
You’ve just got some $ISLM on Uniswap and you're looking to bridge to HAQQ. Follow these steps:
• Visit satellite.money
• Choose “Ethereum” as the origin chain and “HAQQ’” as the destination chain.
• Connect your Ethereum wallet (eg. MetaMask), where your ISLM tokens are stored).
• Connect your HAQQ Wallet.
• Click on the “Generate Deposit Address” button at the bottom. Approve the transaction with your Ethereum wallet.
• Transaction will be complete within 20 minutes.
• Voila! And you’re welcome to HAQQ DeFi possibilities 🥳
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Download HAQQ Wallet
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Clearing the Confusion: Why Staking Rewards Are Not Riba!
Here's why:
1️⃣ Active participation: Staking = securing the blockchain network by validating transactions. It's like getting paid to be a security guard, not a passive lender.
2️⃣ No fixed return: Unlike bank interest, staking rewards depend on network activity & transaction fees. The more people use the network, the more you earn! This removes the element of a predetermined fixed return, a key feature of riba.
3️⃣ Rewards for service: Staking rewards as compensation for your contribution to network security. You're providing a valuable service, not collecting fixed interest on a loan.
🧑💻 Without your staked assets, the network becomes vulnerable to attacks and loses its ability to validate transactions efficiently. It’s a service you provide with compensation, not a lending and borrowing mechanism with interest.
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Download HAQQ Wallet to Stake $ISLM
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Islamic Coin Republic Investors’ Rewards 🔔
We are pleased to inform all ISLM Republic investors that the process to distribute the 10% investment bonus is now active. Distribution will commence on a weekly basis, every friday. Thank you for your patience and support!
Eligible users are encouraged to submit their wallet address here: republic-bonuses.haqq.network
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To our amazing Nigerian Community 🇳🇬✨
We're considering setting up regional Telegram channels tailored for our most engaged communities. To our Naija friends, how would you feel about having your own dedicated Telegram group? Let us know in the comments!
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Islamic Coin charts a new course in DeFi, leading tokenization in Islamic finance and powering the next frontier in DeFi yield generation from the EVM to the Interchain ecosystem and beyond, all while adhering to Halal earning principles.
Read more 👉 blog.islamiccoin.net/islamic-coin-charts-a-new-course-in-def-i-8611f9971ea5
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