HAQQ Network Price

HAQQ Network (ISLM) is a Shariah-compliant cryptocurrency launched in 2023 that operates according to Islamic finance principles. Currently ranked #584 with a price of $0.02911, it has seen a -0.95% change in the last 24 hours. HAQQ Network operates on the Ethereum blockchain and Osmosis ecosystem, focusing on ethical financial solutions that adhere to Islamic law. It implements a profit-sharing model rather than interest-based mechanisms, making it compliant with Shariah principles. With a circulating supply of 1.93B ISLM and a maximum supply of 100B ISLM, HAQQ Network has a market capitalization of $56.27M. The 24-hour trading volume stands at $323.75K. HAQQ Network aims to bridge traditional Islamic finance with modern blockchain technology, providing Muslims and ethical investors worldwide with a compliant digital asset option for transactions, investments, and charitable giving.

HAQQ Network was created on October 10, 2023. It was launched as a Sharia-compliant cryptocurrency on the Ethereum blockchain, designed to serve the global Muslim community with halal financial solutions. Since its launch, HAQQ Network has established itself in the crypto market with a current ranking of 584 and is actively trading on multiple platforms. The project aims to combine blockchain technology with Islamic financial principles.

The founders of HAQQ Network are Mohammed AlKaff AlHashmi (Co-Founder and CEO), A. Andrey Kuznetsov (Co-Founder), and Alex Malkov. These three visionaries established HAQQ Network in 2023, creating a cryptocurrency that operates on the Ethereum blockchain and has expanded to the Osmosis ecosystem. Their leadership has guided HAQQ Network to achieve a current market cap of $56.27M with 1.93B ISLM tokens in circulation out of a maximum supply of 100B ISLM.

HAQQ Network operates on a dual-layer architecture combining Ethereum and Haqq Network technologies. As a Sharia-compliant cryptocurrency ranked 584, ISLM processes transactions through a consensus mechanism that aligns with Islamic finance principles. The token has a current price of $0.02911 with a 24-hour change of -0.95%. The ecosystem allocates 10% of newly minted tokens to the Evergreen DAO, supporting ethical projects and community initiatives. With a circulating supply of 1.93B ISLM out of a maximum 100B ISLM, ISLM facilitates cross-chain transactions via IBC protocol integration with Cosmos-based networks. HAQQ Network utilizes smart contracts for decentralized applications while maintaining compliance with Islamic financial principles that prohibit interest-based transactions (riba) and excessive uncertainty (gharar). The token's market cap currently stands at $56.27M with a 24-hour trading volume of $323.75K, demonstrating its growing adoption in both Islamic finance and broader crypto markets.

HAQQ Network operates on a dual-layer technical architecture. At its foundation is the HAQQ Network, a Shariah-compliant blockchain infrastructure built on Cosmos SDK with Tendermint consensus mechanism. This provides HAQQ Network with high throughput, interoperability, and security. The token itself exists as an ERC-20 token on Ethereum and is also available on the Osmosis ecosystem through IBC protocol integration. This multi-chain presence enhances liquidity and accessibility. Key technical features include: • Proof-of-Stake consensus mechanism • Smart contract functionality • Cross-chain compatibility • Transparent transaction recording on public blockchain • Current circulating supply of 1.93B ISLM • Maximum supply cap of 100B ISLM The architecture prioritizes transparency, security, and compliance with Islamic financial principles, making it unique among cryptocurrencies. All transactions are immutably recorded on the blockchain, ensuring full auditability and adherence to Shariah requirements.

HAQQ Network has an ambitious roadmap focused on ecosystem expansion and new product development. The project plans to strengthen its position in the Web3 space through 2025-2026 with regular platform updates and enhanced functionality. Key milestones include expanding cross-chain capabilities, improving DeFi services, and increasing adoption within Islamic finance markets. The development team is committed to maintaining the project's resilience while adhering to Shariah principles. With a maximum supply of 100B ISLM and current circulating supply of 1.93B ISLM, ISLM aims to become a leading cryptocurrency in the Islamic financial ecosystem by 2030. The roadmap also includes partnerships with financial institutions and continued technological innovation to support sustainable growth.