Traditional financial systems are constantly undergoing changes, the development of the digital sphere does not allow to remain on the same stage. Nowadays, there is a transformation of banking systems at the global level, a gradual integration with the digital sphere such as blockchain and cryptocurrency.
For a safe and harmonious transition to the new monetary forms, in many countries regulators create so-called “sandboxes” — special laboratories in which new technologies and products are being tested.
One of such “laboratories-sandboxes” was created at the National Bank of Bahrain.
Due to the fact that ADAB is not just an exchange that will function in compliance with the principles of Islamic finance, but it is also a unique integrated solution that will create the ecosystem necessary for Muslims:
- ADAB will promote among the Muslim public the cryptocurrencies that meet the principles of Islamic finance
— ADAB creates an appropriate information portal (ADABCRYPTO), - ADAB will create a charitable foundation (ADAB CHARITY) (giving money to charity is the holy debt of Muslims)
- ADAB will create a platform for launching halal (Islamic finance related) crypto projects (ADAB PROJECT),
ADAB Solutions received invitations to take part in the “sandbox” of the National Bank of Bahrain.
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