Islamic Coin Price

(ISLM)

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Islamic Coin (ISLM) Live Price Chart

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ISLM(ISLM) Profile

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Price Range (24h)

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ATH: $0.3597

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Market Cap

24h Volume: --

Circulating Supply: 2.19B

Max Supply: 100B

About Islamic Coin

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.

FAQ

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 $0.3597. The current price of ISLM is down -- from its all-time high.
How much Islamic Coin (ISLM) is there in circulation?
As of 7 30, 2026, there is currently 2.19B ISLM in circulation. ISLM has a maximum supply of 100B.
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.