Islamic Coin Official Channel

💚 The AMA Starts Now! Join us 👉 https://x.com/Islamic_Coin/status/1801600975817310532

🎙Islamic Coin Community Call! Join us today for an exciting community call covering the latest network and community updates, hosted by the incredible Emir! 🙌 Agenda: • Recent governance proposals • Republic bonus distribution • HAQQ Academy 2.0 • Halal real-estate tokenization & P2P lending platforms • The HAQQ Expedition and monthly rewards • Live audience Q&A ⏰ 1 PM UTC - 14th June Looking forward to seeing you there! 🤝 Islamic Coin Official | Chat | Twitter | Discord | Instagram | YouTube | Medium | Website 😎

Time for The Haqq Expedition monthly incentives! 🏆 The top 50 participants on the Tide leaderboard will win rewards based on their XPs. The more XPs you have, the bigger your ISLM reward! Join us and level up your on-HAQQ experience: https://www.tideprotocol.xyz/users/spaces/1465

HAQQ Devs Diary ✍🏻 Let's take a look today at HAQQ's choice in leveraging CometBFT to deliver fast finality and short block times. In blockchains, finality is the assurance that a transaction, once confirmed, is irreversible and permanently recorded on the blockchain. Fast finality and short block times are pivotal in enhancing the efficiency, security, and user experience of blockchain networks. 🚀 🔐 Finality ensures that once a transaction is confirmed, it's permanently recorded and irreversible. This is essential for the security and trustworthiness of any blockchain network. There are two types of finality: ⏩Probabilistic Finality - Seen in PoW systems like Bitcoin, where certainty increases with more blocks. ⏩Deterministic Finality - Found in PoS systems like HAQQ, where transactions are final after validator approval. ⚡Fast finality brings several key benefits: 1️⃣Enhanced User Experience - Quick confirmations reduce wait times. 2️⃣Increased Security - Minimizes risks like double-spending. 3️⃣Greater Confidence - Provides certainty for financial transactions and DEX operations. ⏱️Short block times are equally vital: 1️⃣Higher Throughput - More transactions processed in less time. 2️⃣Reduced Latency - Faster inclusion of transactions in blocks. 3️⃣Boosted Efficiency - Quicker testing and deployment cycles for developers. HAQQ Network uses CometBFT, a Byzantine Fault Tolerant (BFT) consensus engine, to achieve these goals, and ensures:🔧 ⏩Reliable Consensus - Validators quickly agree on the network state. ⏩Rapid Transaction Processing - Transactions are confirmed and recorded swiftly. 🛡️ CometBFT's robust BFT mechanism enhances security, making the network resilient against faulty or malicious nodes. This creates a secure environment for all transactions. 👩‍💻 For developers, this allows HAQQ to provide offers: 🔐High Security - A robust consensus model that ensures network integrity. ⚡Efficiency and Speed - Fast transaction processing and short block times. 📈Scalability - The capacity to handle large transaction volumes. ✅Reliability - A stable and resilient network ideal for high-value applications. Fast finality and short block times are essential for delivering top-tier user experiences. 🔗 Building on HAQQ means you can leverage these advantages to create innovative, secure, and efficient applications. Explore more in our developer docs here: https://docs.haqq.network/ Islamic Coin Official | Chat | Twitter | Discord | Instagram | YouTube | Medium | Website 😎

📢 Proposal #34 is Live! 🚀 Following the success of Proposal #33, the HAQQ core team has introduced Proposal #34 to transfer designated tokens to the newly established United Contributors DAO. This move enhances governance and aligns with our community-driven ethos. Make your voice heard! Vote now to support the transition of tokens to the DAO, where they will be managed by DAO contributors for greater collective oversight. 🗳️ Vote here: shell.haqq.network/governance/proposal/34 Islamic Coin Official | Chat | Twitter | Discord | Instagram | YouTube | Medium | Website 😎

#HAQQInsights: As global interest in P2P lending grows, with projections reaching $1 trillion by 2033, Islamic P2P lending is a step further toward inclusion and economic growth. Blockchain-powered Islamic P2P lending offers a more accessible, viable, and ethical financing model. By excluding middlemen, P2P lending platforms cut costs and speed up financing by directly connecting borrowers and lenders, offering higher returns and affordability. And with blockchain, this potential is amplified through enhanced transparency, liquidity, and accessibility. ⛓️ Now framing P2P lending within Islamic law entails eliminating interest on loans. This stems from Islamic principles of fairness, as conventional P2P lending can create an unbalanced risk for borrowers by offering lenders guaranteed returns regardless of the borrowers’ success. 🚧 While interest on loans is eliminated, profit is not.☝️Instead, Islamic P2P lending fosters a true partnership between lenders and borrowers by centering the agreement on profit-and-loss sharing models, aligning the interests of both parties. Three prominent examples are:💡 Mudaraba: One party invests capital, while the other provides expertise and management. Profit is shared according to a pre-agreed ratio. The investor takes on risk of loss, while the manager loses time/effort. A successful implementation of this model is seen with ethis.co. Musharaka: In this model, all partners contribute capital and share both profits and losses in proportion to their investment. A successful implementation of this model can be seen with beehive.ae. Murabaha: The lender buys an asset and sells it to the borrower at a pre-agreed profit margin; the borrower then pays back the cost in installments. It can be applied in the form of Shariah-compliant leasing too. Successful example of this model can be seen with fundingsocieties.com.my. Islamic P2P lending offers ethical financing and investment opportunities that empower both loan seekers and investors. With its community-based nature and focus on accessibility and empowerment, it has the potential to drive economic growth within Muslim communities and beyond.📈 Leveraging HAQQ's blockchain capabilities, we enhance the transparency, security, accessibility, and liquidity of Islamic P2P lending. Automated operations, immutable records, and a wider reach create a more effective Islamic lending ecosystem. Read for more insights: haqq.network/blog/haqq-islamic-finance-framework-p2p-lending?utm_campaign=45bjt

📢 Announcement HAQQ Network 🤝 Skip Protocol We're thrilled to announce that skip.money has integrated HAQQ Network. This integration enables seamless token transfers across the Interchain ecosystem for HAQQ users via popular Cosmos Hub wallets like keplr.app and leapwallet.io, eliminating the need for manual IBC channel additions. 🚀 Skip API simplifies liquidity transfers into our network by providing an intuitive interface that streamlines cross-chain operations and mitigates their complexities for users. Our users can now enjoy a seamless, hassle-free experience with multi-hop swaps, transfers, and other cross-chain transactions via Keplr and Leap wallets. This unlocks a new level of blockchain interoperability for developers building sophisticated cross-chain dApps on HAQQ leveraging Skip API’s high-level, low-level, and utility endpoints. Once again, this adds to our commitment to promoting a more interconnected blockchain environment for ethical application and delivering a seamless UX and dev experience. Read more: https://haqq.network/blog/skip-protocol-integrates-haqq-network?utm_campaign=fgrtk Islamic Coin Official | Chat | Twitter | Discord | Instagram | YouTube | Medium | Website 😎

📢 Partnership Announcement HAQQ Network 🤝 Turkish Grameen Microfinance Program We are excited to announce our strategic partnership with the Turkish Grameen Microfinance Program (TGMP), Turkey’s leading microfinance institution. This collaboration aims to boost the efficiency of TGMP’s operations and enhance economic opportunities for financially underserved women in Turkey. HAQQ is proud to support 20 local women micro-entrepreneurs with $100,000 in microfinance assistance, reinforcing our commitment to financial empowerment. Why TGMP? TGMP has an impressive footprint, serving over 40,000 micro-entrepreneurs across 68 provinces via 95 branches. By integrating HAQQ's Sharia-compliant blockchain solutions, we are poised to expand TGMP impact, reaching more micro-entrepreneurs and aiding financially vulnerable populations. This partnership signifies our enduring commitment to promoting financial inclusion and supporting the United Nations Sustainable Development Goals, particularly those aimed at alleviating poverty and empowering marginalized communities. 🌱 Together, we’ll: ✅ Empower micro-entrepreneurs and women with expanded microfinance solutions. ✅ Transform Zakat donations through advanced blockchain solutions. ✅ Fortifying local communities and catalyzing global change. Read more: haqq.network/blog/haqq-partners-tgmp-microfinance?utm_campaign=gtdb7 Islamic Coin Official | Chat | Twitter | Discord | Instagram | YouTube | Medium | Website 😎

🎉 Announcing Islamic Coin 2024 Ramadan Quiz Winners 🎉 After an exciting 30 days of testing your Quran knowledge, the wait is finally over! We're thrilled to announce the winners of our 2024 Ramadan Quiz challenge! 🥳 Winners: 🕋 Hajj travel package: amiic****@gmail.com 🕋 Umrah travel package: labiiy****@gmail.com 🕋 Umrah travel package: muhammadsa****@gmail.com May your journeys be filled with blessings, spiritual growth, and unforgettable memories. 🤲 To everyone who participated, a massive thank you! Your enthusiasm made the challenge special. Stay tuned for future challenges and opportunities! 🚨 We have contacted the winners via email. A timely response to the email is crucial to claim your prize. Islamic Coin Official | Chat | Twitter | Discord | Instagram | YouTube | Medium | Website 😎

The proposal for adding HAQQ Network into stride.zone roadmap has passed! ✅ HAQQ Network commits to staking at least 100 million $ISLM through Stride from treasury, contributing an additional 4% to Stride’s total TVL. This will position HAQQ Network as the 5th largest by TVL volume on Stride! 💥 Islamic Coin Official | Chat | Twitter | Discord | Instagram | YouTube | Medium | Website 😎