Islamic Coin is a Shariah‑compliant, ethics‑first digital currency powered by the Haqq Network, designed to serve the world’s 1.9 billion Muslims and broader markets. Its core product is a compliant digital money and related Web3 financial services intended to integrate with traditional Islamic finance. The team plans integrations and product development including a Shariah‑compliant Web3 alternative to SWIFT, a digital asset platform, CBDC work, tokenization, and other solutions for Islamic finance. Islamic Coin has received international recognition and awards, presented at COP27, and reports strong backing from private investors and regional leadership. The company highlights advisory and executive support from members of Abu Dhabi and Dubai ruling families and senior figures from Islamic and conventional finance. Headquartered in Zug, Switzerland, the project says it will be listed on exchanges soon and emphasizes a long runway after recent financing activity.

Total raised

$200M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2023