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Qintar: The First Sharia-Compliant Token Is Launched In April 2019
Qintar Capital Switzerland and ISL-Blockchain Sàrl, two Swiss companies specializing in Islamic Finance, announce the upcoming launch of Qintar – the world’s first Sharia-compliant token. This token is based on Islamic Blockchain (ISL). Qintar will be officially launched on April 12, 2019.
Introducing Qintar – the Global Crypto Ecosystem
Qintar is a Geneva-based but globally focused cryptocurrency ecosystem which is the first truly sharia-compliant token which is independent of the banking system and other financial institutions.
As a first of its kind token that enables the trading of cryptocurrencies – the platform leverages the latest in blockchain technologies to trade in the most effective way.
With full transparency as well as ISL secured and speedy technology users can buy and sell tokens without intermediaries – in short, you are in control of your trades.
With an increase in online fraud, security is taken seriously.
Qintar Makes Waves with the Innovative ISL Blockchain
The experienced team has been busy expanding the app and is using the ISL blockchain for this purpose.
Initiated in 2018, the ISL blockchain project was launched to change the way that cryptocurrencies are designed and developed – the goal is to provide a blockchain environment that integrates the needs of users, systems and the markets.
The ISL blockchain is a coming together of innovation and new ideas – combining the best of tech engineering practices with the latest in design strategy the decentralized ISL network links the user with the Qintar.
The True P2P Network
With Qintar it is only the traders that control their transactions, data, and strategy without third party interference!
Every transaction is digitally signed and timestamped – this allows the token holders to trace every transaction, safe in the knowledge that the ISL blockchain’s audit quality is working for them.
Once initiated the transaction cannot be canceled or frozen – forgery is eliminated and allows traders to accept as many international transactions as they wish!
The Qintar platform ensures the following:
- Innovation: Ideal for entrepreneurs, the Qintar currency encourages and inspires innovation for finding viable fiscal solutions. The ISL blockchain is also considering coded currencies open source allowing the model to be developed for future services and products.
- Sharia Compliant Token: It is based on Islamic Blockchain (ISL) – a private blockchain that has received a Fatwa from several Islamic scholars and researchers which can only be bought through a direct transfer to Qintar Capital’s bank account in Switzerland preventing forgery risks, to comply with Sharia law.
- ISLBlockchain: All financial products and contracts issued via ISL Blockchain are in accordance with Islamic principles: no Riba (payment of interest), no prohibited activities such as alcohol, gambling, pornography, etc.
The Future is Bright with Qintar
Qintar believes in the ISL blockchain – as such we are partnering with companies in different sectors to make online transactions easier, faster, less costly and more convenient for the users.
Moreover, Qintar services can be used for all transactions including airline bookings and hotel reservation or even Udhiyya, livestock for sacrifice using a crypto-wallet on a mobile device through Qintar channels (Seitra, Udhiyya) which is Qintar Immediate Goal.
From institutional and private investors to individual traders and individuals, they have attracted great interest – the plans are solid, the platform is strong, and the market is embracing Qintar, as a huge investment will be implemented in the future.
Why Qintar?
Qintar solves many of the problems associated with cryptocurrencies and blockchain solutions – what makes it different is that Qintar sales request is completely transparent and visible – the users can cancel their transactions at any time. It is only a matter of time before Qintar becomes the industry standard!
Qintar Capital Switzerland is a financial advisory firm specializing in investments, accounting, auditing, regulatory bodies, Islamic banking, manufacturing, and other business areas. The company is headquartered in Geneva, the world’s major financial center. The management team of Qintar Capital Switzerland possesses extensive regional and international experience. Further information is available on the company’s website: www.qnr.ch.
Contacts:
Join the blockchain revolution today with Qintar.
About Qintar Capital: Qintar Capital is a Geneva-based financial services firm focusing on global financial management. From crypto and Islamic financing to technical solutions, our experienced team delivers a range of product and services. For more information please visit our homepage.
Cryptocurrency prices remained in an upbeat tone on Thursday as the US dollar index continued its bearish move. Bitcoin, the biggest cryptocurrency in the world, rose to $23,165, the highest level in months. Similarly, Ethereum has risen by more than 4% in the past 24 hours while BNB Coin and XRP surged to $307 and $0.41, respectively.
US dollar index retreats
Cryptocurrencies have an inverse relationship with the US dollar index. For example, the DXY, which looks at the performance of the greenback vs other currencies, soared to a 20-year high of $115 in 2022. As that happened, cryptocurrencies like Bitcoin plunged during the year.
The foundation of this relationship is the Federal Reserve. In most periods, the US dollar index tends to rise when the Fed is extremely hawkish and vice versa. And it was extremely hawkish in 2022 as it hiked interest rates by more than 400 basis points.
Therefore, while the Fed has remained hawkish recently, the US dollar has dropped because of what the data is saying. Data published recently showed that America’s inflation is easing. The closely watched consumer price index dropped to 6.5% in December while core inflation fell to 5.7%.
At the same time, other parts of the economy are showing that the American economy is indeed recoiling. Retail sales dropped sharply in December while many…
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…
Blockchain conglomerate GDA Group joins as Campden Wealth’s newest Corporate Partner for 2021. Based in Toronto, GDA group provides access to all verticals of the crypto capital markets to institutions and private investors. The two institutions once operated on different verticals, so the partnership indicates a new era of portfolio allocation and asset diversification. Digital assets, including bitcoin, are becoming a vital component of modern investment strategies. GDA Group provides multiple avenues for digital asset exposure, including trading services through their institutional trading desk Secure Digital Markets, including non-recourse lending up to $100M through GDA Lending, and private placements through their capital markets arm GDA Capital.
“Institutions have spent a decade on the sidelines, evaluating the risks of this burgeoning sector. Now, in less than 6 months we have seen billions in institutional and private capital enter the space,” says James Godfrey, FX and International Banking Advisor to GDA Group. “Our relationship with Campden will illustrate the maturation of this industry and where we are headed next. New stakeholders will need experience, resources and insights to navigate this new market and evaluate upcoming opportunities.”
“The Campden Community is constantly balancing the needs of wealth creation for the future, with wealth preservation…
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