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MECCACOIN positions itself as a comprehensive Sharia-compliant digital currency designed to serve the global Muslim community. Built on the high-performance Solana blockchain, MECCACOIN combines the speed and efficiency of modern blockchain technology with strict adherence to Islamic financial principles.
Al-Azhar Al-Sharif Oversight: MECCACOIN operates under the direct supervision of renowned Islamic scholars from Al-Azhar Al-Sharif, one of the world's most prestigious and oldest Islamic institutions. The Sharia Committee includes distinguished scholars such as Sheikh Dr. Tariq Nasr (Chief Researcher at Al-Azhar), Prof. Dr. Hamdi Sobhi Taha, and Prof. Dr. Jalal Al-Din Ismail Hassan—all members of the Council of Senior Scholars. This level of scholarly oversight provides significant credibility for Muslims seeking verified halal investment options.
Integrated Zakat and Sadaqah: A defining characteristic of MECCACOIN is its automatic charitable allocation. Ten percent of every transaction is allocated to zakat and sadaqah, supporting humanitarian causes in Islamic communities worldwide, including relief efforts in regions such as Gaza and Sudan. This built-in charitable mechanism transforms every transaction into an opportunity for spiritual reward while addressing real-world humanitarian needs.
Riba-Free Architecture: MECCACOIN operates on a decentralized blockchain that eliminates reliance on interest-based banking. No interest is earned on stored coins or transactions, ensuring complete compliance with Islamic prohibitions against riba. All financial activities are structured around ethical principles rather than profit models based on interest.
Smart Contracts for Ethical Agreements: The platform utilizes blockchain-based smart contracts reviewed and audited by the Islamic Sharia Committee. These contracts automatically exclude haram industries such as gambling, alcohol, and speculative trading, ensuring that all business agreements facilitated through MECCACOIN remain Sharia-compliant.
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