{"id":19021,"date":"2019-10-22T22:02:22","date_gmt":"2019-10-22T20:02:22","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=19021"},"modified":"2019-10-22T22:02:22","modified_gmt":"2019-10-22T20:02:22","slug":"algorand-blockchain-platform-is-now-a-fully-certified-sharia-compliant-platform","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/algorand-blockchain-platform-is-now-a-fully-certified-sharia-compliant-platform\/","title":{"rendered":"Algorand Blockchain Platform is now a Fully Certified Sharia compliant Platform"},"content":{"rendered":"
As a firm dedicated to penetrating every region and revolutionizing how business is done, the Algorand<\/a> <\/strong>blockchain platform is now a Certified Sharia<\/strong> Compliant Platform. This means all Islamic based institutions can now do their business via the Algorand platform.<\/p>\n Through its platform, institutions will now have access to a platform that is compliant with all sharia laws.<\/p>\n To ensure its services are in line with the stringent sharia laws, Algorand has Shariya Review Bureau (SRB) as its advisor. Commenting on their recent developments, Steve Kokinos , Algorand CEO, had the following to say;<\/p>\n “I’m quite happy with the developments made by Algorand Foundation. Getting the sharia compliance certificate and forming a working relationship with the SRB will push our firm to the next level. As a firm, our goal is to reach other markets, and with the rapid growth of the Islamic financial markets, this certification has come at the right moment. Now forward-thinking Islamic based institutions have a reliable and compliant platform at their disposal.”<\/em><\/p>\n While Algorand is the most recent firm to get its sharia compliance certificate, Wethaq<\/strong> and Stellar<\/a> <\/strong>also have a sharia compliance certificate. For Stellar, the SRB gave it a sharia compliance certificate to launch services in the money and asset tokenization sector.<\/p>\nOther Firms in Possession of the Sharia Compliance Certificate<\/strong><\/h2>\n