ADAB Solutions
We align the crypto assets with the moral and cultural values of Islam by creating a cryptocurrency platform for Muslims and the world
Business Model:
Revenue: $0
Employees: 51-200
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Detailed ADAB Solutions Information
Geographic Data
Address:
City: Umm Al Qawain
State: Umm Al Quwain
Zip:
Country: United Arab Emirates
Financial Info
Stage:
series a
Raised Last:
$2M
Raised Total:$3M
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Description
ADAB Solutions is developing the FICE - First Islamic Crypto Exchange , based on the norms of Shariah. Creation of the cryptocurrency platform, exchange and services that are Shariah compliant and based on the principles of Islam. The projected volume of daily trading on the First Islamic Crypto Exchange is $ 146 million and a monthly turnover of $ 4.4 billion during the first one and a half years of operation of the exchange. As a result, the implementation of the ADAB Solutions project will create a global infrastructure, that operates on the principles of Islamic finance, and the community that regulates the development of Islamic crypto-economics. ADAB Solutions will solve the problem of halal cryptocurrency transactions, providing access to the cryptocurrency market for the Muslim Ummah , which accounts for 22% of the world&s;s population and manages Islamic financial assets with a projected volume of 3.8 trillion USD.
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| Announced Date | Company | Transaction | Money Raised |
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| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 10/2018 | Series A | $1.7M | 7/2017 | Seed Round | $350k | 8/2018 | Seed Round | $540k |
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Revenue: 0 - 100000 Employees: 51 - 500 Industry: Education |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Blockchain |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Advertising |
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