NOORCOIN: the First Shariah Token in the World (Reuters)

NOORCOIN is world’s first sharia-compliant utility token, serving the needs and provide solutions to at least 1.6 billion Muslims, using the latest technologies that promote efficiency and accountability. Singapore – March 19, 2018 — The existing cryptocurrencies have not been designed with Islamic markets in mind. Despite Muslims making up around 25% of the global population today, many Muslims cannot use cryptocurrencies due to their restricted legal status and high barriers to entry in many countries in the Islamic world. Currently the Islamic finance sector is responsible for managing around 1% of global GDP and growing at nearly 20% per year. With there being an estimated 1.8 billion Muslims worldwide according to a study in 2015 – equating to around a quarter of the global population of approximately 7.5 billion today – NOORCOIN is shariah compliant, secure and digitally transferable, including across borders. And, given that the number of Muslims in the world is expected to grow to 2.2 billion by 2030, NOORCOIN is opening the doors for cryptocurrency trading to the Islamic world. “As pioneer and trailblazer in this new industry, we are providing an opportunity for anyone who care about Islamic financial markets to benefit from rapid technological advances in the blockchain industry.” said NOORCOIN’s CEO, Sofia Koswara. Sharia-compliance is of paramount importance for Muslims and anyone who does business in the Islamic world. Some regions in the Middle East, such as the Kingdom of Saudi Arabia are financial powerhouses and hubs of growing importance. Therefore, even if you aren’t personally committed to Sharia, you should feel confident that growing demand from Islamic users and markets will increase the value of NOORCOIN. NOORCOIN is not a politicized tool or specifically a product just for Muslims. NOORCOIN has relied on Sharia regulation because Islamic Finance is known for its fairness, clarity and protection for investors. NOORCOIN relied upon Sharia regulation as the initiators want NOORCOIN to operate with best business practices and a fair transparent regulatory environment. NOORCOIN has been awarded with SHARIAH CERTIFICATE from the World Shariah Advisory Committee. Also, globally there is a huge shortage of Islamic finance products and limited innovation, so NOORCOIN has attempted to plug this shortfall with a unique offering. “Trust is a key factor to make this work. Using blockchain technology means that anyone can be confident that the token they hold is valid and has its utility. They will find NOORCOIN as…

NOORCOIN: The First Shariah Token In The World (Coin Telegraph)

NOORCOIN is world's first sharia-compliant utility token, serving the needs and provide solutions to at least 1.6 billion Muslims, using the latest technologies that promote efficiency and accountability. Singapore - March 19, 2018 — The existing cryptocurrencies have not been designed with Islamic markets in mind. Despite Muslims making up around 25% of the global population today, many Muslims cannot use cryptocurrencies due to their restricted legal status and high barriers to entry in many countries in the Islamic world. Currently the Islamic finance sector is responsible for managing around 1% of global GDP and growing at nearly 20% per year. With there being an estimated 1.8 billion Muslims worldwide according to a study in 2015 - equating to around a quarter of the global population of approximately 7.5 billion today - NOORCOIN is shariah compliant, secure and digitally transferable, including across borders. And, given that the number of Muslims in the world is expected to grow to 2.2 billion by 2030, NOORCOIN is opening the doors for cryptocurrency trading to the Islamic world. "As pioneer and trailblazer in this new industry, we are providing an opportunity for anyone who care about Islamic financial markets to benefit from rapid technological advances in the blockchain industry.” said NOORCOIN’s CEO, Sofia Koswara. Sharia-compliance is of paramount importance for Muslims and anyone who does business in the Islamic world. Some regions in the Middle East, such as the Kingdom of Saudi Arabia are financial powerhouses and hubs of growing importance. Therefore, even if you aren’t personally committed to Sharia, you should feel confident that growing demand from Islamic users and markets will increase the value of NOORCOIN. NOORCOIN is not a politicized tool or specifically a product just for Muslims. NOORCOIN has relied on Sharia regulation because Islamic Finance is known for its fairness, clarity and protection for investors. NOORCOIN relied upon Sharia regulation as the initiators want NOORCOIN to operate with best business practices and a fair transparent regulatory environment. NOORCOIN has been awarded with SHARIAH CERTIFICATE from the World Shariah Advisory Committee. Also, globally there is a huge shortage of Islamic finance products and limited innovation, so NOORCOIN has attempted to plug this shortfall with a unique offering. “Trust is a key factor to make this work. Using blockchain technology means that anyone can be confident that the token they hold is valid and has its utility. They will find NOORCOIN…

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