HAQQ Blockchain / Islamic Coin

- Haqq Blockchain — Haqq (Arabic for truth) is a Proof of Stake blockchain network compatible with the existing ecosystem of Blockchain tools and developer instruments (primarily, Ethereum and Cosmos) and meeting modern industry requirements, with fast-finality and high transactions throughput. Haqq’s purpose is to serve the international Muslim community by providing a financial and technological tool that allows for independent financial interaction, while supporting technological evolution and philanthropy.

- Islamic Coin — purposeful community crypto asset. It’s used as a native coin on the Haqq blockchain. Each time a new Islamic Coin is minted, 10% of the issued amount is deposited into a special. Evergreen DAO for further investment into projects beneficiary for Muslim community or given to Islamic charities. This is the first introduction of a coin bringing direct economic value to a community.

- The Evergreen DAO is a non-profit virtual foundation focused on long term sustainability and community impact. It effectively works as a crypto endowment. In some cases described below, Evergreen DAO also may fund activities necessary for the Haqq network evolution. Key decisions are made by a council that consists of Haqq network validators whose contribution to the network stability and security is the greatest.

- Haqq Association is a Swiss based (non-profit) association. It is funded via donations. It brings together the most reputable actors of the Islamic world in order to promote the community driven decentralized technologies world wide. One of the most important functions of Haqq is to supervise further development of Haqq blockchain and make sure that development goes in accordance with principles of Islamic Finance. Such supervision is conducted by world’s renowned Shariah Scholars and Islamic Finance Professors, members of Haqq’s Shariah Board.

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