Timur Issaev
@issaev
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Timur Issaev
@issaev
Stablecoin DAI is not Shariah compliant: DAI is a decentralized, crypto-collateralized stablecoin developed by the MakerDAO organization. As a stablecoin, DAI is designed to maintain a stable value relative to a specific asset or a pool of assets. In DAI’s case, its value is pegged to the U.S. dollar, with each DAI token intended to be equivalent to one USD. Given that DAI is created exclusively as a result of a loan and is collateralised on a Riba-based debt, DAI is not Shariah compliant. DAI is created by depositing collateral into smart contracts on MakerDAO, and the platform then creates DAI. Borrowers of DAI must pay a stability fee, which is essentially an interest fee, or Riba. The DAI Savings Rate is also another Shariah non-compliant feature of MakerDAO. Source: https://shariyah.net/cryptocurrencies/dai/
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Timur Issaev
@issaev
☪️ The world's first Islamic account was launched on the Bybit exchange 🟠 Spot trading is limited to 75 tokens that comply with Sharia. This product was developed in cooperation with the licensed consulting firm ZICO Shariah from Malaysia #halalcrypto #complysharia
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Timur Issaev
@issaev
Which blockchains are Shariah compliant: Toncoin (Ton) Trading: comfortable Staking: comfortable #Shariah #halalcrypto #ethycalnode.com
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Timur Issaev
@issaev
Pay attention to this platform ethicalnode.com that is Sharia compliant, safe and secure with maximized return. The team did a great job! This is not financial advise.
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Timur Issaev
@issaev
بِسْمِ اللهِ الرَّحْمنِ الرَّحِيمِ
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