Sheikh Hazza bin Sultan bin Zayed Al Nahyan, grandson of the first president of UAE Sheikh Zayed bin Sultan Al Nahayan, is the latest entrant to the cryptocurrency sector
The crypto world is fast emerging as the new attraction for big names from the Islamic world, with Sheikh Hazza bin Zayed Al Nahyan, grandson of the first president of UAE Sheikh Zayed bin Sultan Al Nahyan, being the latest entrant to the virtual currency sector.
Sheikh Hazza will be making his entry to the crypto world as a top advisor to the Swiss-based Shariah-compliant digital money venture Islamic Coin.
An official representative of Islamic Coin confirmed to Arabian Business the company’s move to rope in the grandson of the first UAE President to the company advisory board.
“It is a great pleasure to join such a diverse and focused team and work together on bringing unique and life changing solutions to the Muslim world and beyond,” Sheikh Hazza said.
Shariah-compliant cryptocurrency
Sheikh Hazza will be joining some of the big names from the Islamic finance world such as Sheikh Dr. Nizam Mohammed Saleh Yaquby, billed by Bloomberg as ‘the Gatekeeper’ of a $2 trillion market for Islamic financial products, and Hussein Al Meeza, one of the founders of the Dubai Islamic Bank and Emaar Properties, to help the Swiss-based crypto venture to establish itself as the leading player in the emerging Shariah-compliant virtual currency financial ecosystem.
The Islamic Coin representative said Sheikh Hazza bin will be helping the company to focus on its mission to empower the world’s Muslim community with a financial instrument for the digital age that enables seamless transactions and interaction.
“He will also be involved in supporting the innovation and philanthropy work of the company,” the company representative said.
The advisory board of Islamic Coin, the Swiss-based non-profit Haqq Association-run blockchain, also includes members of Abu Dhabi and Dubai ruling families, including Sheikh Khalifa bin Mohammed bin Khalid Al Nahyan, Sheikh Mohammad bin Khalifa bin Mohammad bin Khalid Al Nahyan and Sheikh Juma bin Maktoum Al Maktoum.
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