With another potential breakthrough in blockchain, the so-called “first ethics digital money” Islamic Coin, built in the HAQQ ecosystem, has signed a partnership with The Federation of Muslim Associations of Brazil (Fambras).
With the Fambras-HAQQ partnership, the alliance will be focusing on creating a sustainable entrepreneurship environment and an efficient system while ensuring to follow Shariah-compliant practices.
Moreover, the partnership will focus on the issuance, maintenance, and validation of food certificates, payment settlement, as well as product tracking using smart GPS QR codes in the HAQQ blockchain.
Expressing his excitement, the Fambras President, Dr. Mohammed Alzoghbi, commented:
It is a pleasure to be able to work together on building a Shariah-inspired framework, together, for the world.
Highlighting the futuristic goals, the HAQQ Association pinpointed that the along with the many goals, the Islamic Coin will aim to achieve sustainability and build advanced high-tech initiatives across the world.
As one of its goals to achieve sustainability, the co-founder of Islamic Coin, Mohammed AlKaff AlHashmi, introduced the digital asset at the UN COP27 conference.
Furthermore, even though Islamic Coin is quite new, Islamic Coin has been recognized by the Royal families and leaders of UAE. Seated in the Advisory Board, the members of the ruling Royal Family H.E. Sheikh Khalifa Bin Mohammed bin Khalid AL Nahyan, H.H. Sheikh Juma bin Maktoum Al Maktoum, and H.E. Sheikh Mohammad Bin Khalifa Bin Mohammad Bin Khalid Al Nahyan journeys along with Islamic Coin to its path of achieving sustainability.