Islamic Coin Price

(ISLM)
USD($)
Islamic Coin (ISLM) Live Price Chart

Islamic Coin Live Price Data

The live price of Islamic Coin is $0.06507, with a total trading volume of $ 269,162 in the last 24 hours. The price of Islamic Coin changed by -0.07% in the past day, and its USD value has increased by +0.47% over the last week. With a circulating supply of 1.36B ISLM, the market cap of Islamic Coin is currently 88.57M USD, marking a --% increase today. Islamic Coin currently ranks #227 in market cap.
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Note: This data is for reference only.
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Islamic Coin(ISLM) Profile

altRank227
rate--
Expand
Documentation
Contract
Ethereum 0xf10c41...9a5
Audited By
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Code & Community
Investors
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$0.06338
$0.06573
$0.36017
+0.35%
-0.07%
+0.47%
$88.57M 
$269,162 
1.36B
100B

About ISLM

How can I buy Islamic Coin (ISLM)?

Buying ISLM on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Islamic Coin (ISLM) for more information.

What Is Islamic Coin (ISLM) Crypto?

Islamic Coin (ISLM) is a cryptocurrency that adheres to the principles and guidelines of Islamic law, making it a Shariah-compliant digital asset. It operates on a profit-sharing model that aligns with Islamic finance principles. ISLM is designed to provide ethical and innovative financial solutions while complying with Islamic financial regulations.

Shariah Compliant Web3

ISLM is developed to ensure that it complies with Islamic finance principles, which include avoiding interest (riba) and adhering to ethical and moral standards in financial transactions.

Profit-sharing Model

Islamic Coin operates on a profit-sharing model, where profits and losses are shared among participants in a manner consistent with Islamic finance principles.

HAQQ Chain

Islamic Coin is associated with HAQQ, a community-run network supporting cryptocurrency.

Islamic Coin (ISLM) represents an attempt to provide an alternative cryptocurrency option for individuals and communities that follow Islamic finance principles.

How Does Islamic Coin Work?

Islamic Coin (ISLM) distinguishes itself by adhering to Islamic financial principles, utilizing a profit-sharing model, and being the native currency of the HAQQ blockchain network. Users can engage with ISLM for various purposes while ensuring compliance with Sharia law.

ISLM is the native currency of HAQQ, a community-run blockchain network. It is used within the HAQQ ecosystem for various purposes, including transaction fees, governance, and staking.

This blockchain is built on a Proof-of-Ownership consensus mechanism, which is considered energy-efficient and aligns with sustainability goals. Users can freeze their currencies to have Authority mining based on specific criteria.

10% of the currencies issued on the HAQQ Chain will be automatically converted to the Evergreen DAO Endowment Fund, an independent decentralized entity. This endowment crypto fund will invest in projects that serve the international Islamic community and will be governed by HAQQ Chain miners who form members of the DAO.

When Was Islamic Coin Launched?

Muhammad Al-Kaf Al-Hashemi and his team founded Islamic Coin. It was created as a response to the growing demand for a cryptocurrency that aligns with Islamic finance principles.

ISLM was designed to operate in accordance with Sharia law, which includes principles such as avoiding interest (riba) and adhering to ethical standards in financial transactions.

As the native currency of the Haqq blockchain, Islamic Coin aims to be an ethics-first, scalable, and interoperable blockchain built on Proof-of-Stake (PoS) consensus called Proof of Ownership with fast finality.

Islamic Coin Roadmap

1. May 5, 2022: Haqq Mainnet Launch with Proof-of-Authority (PoA) consensus and the start of the presale.

2. June 2, 2022: Deployment of Gnosis Safe on Haqq Mainnet.

3. Q3 2023: ISLM was listed on KuCoin, the People’s Exchange.

Islamic Coin (ISLM) Price Movements ($)

PeriodChangeChange (%)
Today$-0.00015-0.23%
7 Days$0.00030.48%
30 Days$-0.00171-2.56%
3 Months$-0.00966-12.92%
24H Investment Barometer
24H
Buy
The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Risk warning:Please note that the Investment Barometer is provided for informational purposes only and is not an investment advice. Investing carries risk. Please make investment decisions cautiously and based on your own judgement.
Strong SellSellNeutralBuyStrong Buy
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Islamic Coin Conversion Rate

  • 1 ISLM to USD$0.06507698
  • 1 ISLM to EUR€0.06006957
  • 1 ISLM to AUD$0.09921246
  • 1 ISLM to KRW₩89.83
  • 1 ISLM to JPY¥9.95
  • 1 ISLM to GBP£0.05037167
  • 1 ISLM to INR₨5.47
  • 1 ISLM to IDRRp1,030.49
  • 1 ISLM to CAD$0.09080452
  • 1 ISLM to RUB₽6.38

FAQ

How much is 1 Islamic Coin (ISLM) worth?
KuCoin provides real-time USD price updates for Islamic Coin (ISLM). Islamic Coin price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time ISLM to USD exchange rates.
Is Islamic Coin (ISLM) a Good Investment?

Here are some reasons why you could consider adding $ISLM to your crypto portfolio:

Islamic Coin’s Unique Positioning

As one of the world's first Sharia-compliant cryptocurrencies, ISLM occupies a unique niche in the cryptocurrency market. This uniqueness can make it an attractive option for investors looking for diversification and differentiation within their portfolios.

Community Support

ISLM leverages the power of its community, and the potential for community-driven growth can be a compelling factor for investors. The support and engagement of the Muslim online community can contribute to the success of ISLM.

Ethical Investing

ISLM provides an avenue for ethical investing. Investors who prioritize ethical considerations in their financial decisions may find ISLM appealing due to its adherence to ethical and moral standards in financial transactions.

What Is Islamic Coin Price Prediction?

While we cannot provide a precise ISLM coin price prediction, the following factors could help you understand the price action in the Islamic Coin cryptocurrency:

Level of Adoption of HAQQ Chain and ISLM

Adopting ISLM tokens for various purposes within the Haqq blockchain ecosystem can drive demand. The more applications and use cases that require ISLM tokens, the more valuable they become.

Future Developments in the Islamic Coin Roadmap

Achieving key milestones on the ISLM roadmap, such as integration with Evergreen DAO for funding Islamic social causes, can boost investor confidence and drive prices.

Crypto Market Sentiment

The overall sentiment in the cryptocurrency market can significantly influence ISLM token prices. Positive news, developments, and bullish market sentiment can drive prices higher, while negative sentiment may lead to price declines.

How to Use ISLM Token

ISLM is the native cryptocurrency of the HAQQ blockchain and has the following use cases:

Native Currency of HAQQ Chain

ISLM is the native currency of the Haqq blockchain, a community-run PoS network with fast finality. You can use ISLM to make payments within the Haqq blockchain. You can conduct transactions, whether sending funds, making purchases, or engaging in other financial activities within the ecosystem.

Governance

ISLM tokens can also be used for governance purposes. ISLM token holders can participate in decision-making processes regarding the development and governance of the Haqq blockchain, similar to how governance tokens work in other decentralized networks.

Staking ISLM on HAQQ Network

As a PoS network, you can stake ISLM tokens on the HAQQ Chain to contribute to its consensus mechanism. ISLM holders can stake their tokens to secure the Haqq blockchain and potentially receive staking rewards.

Trade ISLM on KuCoin

Trade Islamic Coin on the KuCoin Spot Market against other crypto assets to make the most of changing market conditions and volatility. You can also hold the token long-term if you believe in the future potential of the Islamic Coin and HAQQ Blockchain.

Islamic Coin is designed to adhere to Shariah-compliant principles, making it suitable for users seeking ethically and religiously compliant crypto investments. Remember to DYOR before entering any new trades in the crypto market.

How to Stake ISLM Coin on HAQQ Chain

Here’s how you can stake $ISLM token on the HAQQ Network and earn staking rewards:

1. Download and set up your HAQQ Wallet, the official web3 wallet of the HAQQ Chain.

2. Buy ISLM on KuCoin and transfer your tokens to your wallet to fund it.

3. Scroll down the Main screen to the Staking section of the wallet.

4. Review the validators from the list and choose your preferred validator.

5. Enter the number of ISLM tokens you want to stake and click Delegate.

6. Confirm the transaction, sit back and earn profits by staking ISLM coins via delegation.

Who Are Islamic Coin’s Partners and Investors?

Islamic Coin’s backers include DF101, A195, Optic Capital, ABO Digital, and Futurecraft Ventures. Other project partners include IIUM, DDCAP™ Group, and Holiday Swap.

What is the all-time high price of Islamic Coin (ISLM)?
The all-time high price of Islamic Coin (ISLM) is $0.36017. The current price of ISLM is down 0.82% from its all-time high.
What is the all-time low price of Islamic Coin (ISLM)?
The all-time low price of Islamic Coin (ISLM) is $0.03560. The current price of ISLM is up 0.83% from its all-time low.
How much Islamic Coin (ISLM) is there in circulation?
As of 11 3, 2024, there is currently 1.36B ISLM in circulation. ISLM has a maximum supply of 100B.
What is the market cap of Islamic Coin (ISLM)?
The current market cap of ISLM is $88.57M. It is calculated by multiplying the current supply of ISLM by its real-time market price of $88.57M.
How do I store Islamic Coin (ISLM)?
You can securely store your Islamic Coin in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your ISLM include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
Fear & Greed Index
Note: Data is for reference only.
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ISLM
Estimated
-- USD
ISLM/USDT1
$0.06507-0.07%