Dubai Ruling Family member, His Highness Sheikh Juma bin Maktoum Al Maktoum has joined Shariah-compliant and ethics-first crypto Islamic Coin.
His Highness Sheikh Juma bin Maktoum Al Maktoum is a member of the Dubai Ruling Family, well known in the region for his passion for digital finance, philanthropy and sustainable development.
Sheikh Al Maktoum’s leadership and Dubai’s position as a leading jurisdiction for digital assets, will serve to strengthen Islamic Coin’s value proposition to the world’s 1.8 Billion Muslims.
“I feel that Islamic Coin will truly benefit the Muslim world and society as a whole as we roll out our platform. It is the world’s first digital money that actually gives back to the world,” commented Sheikh Al Maktoum.
Targeting 1.1 billion Muslim internet users worldwide and a sustainability market of $30 Trillion by 2030 including supporters of honest and transparent finance, Islamic Coin has already attracted attention from leading figureheads in traditional and Islamic finance. Co-founded by Hussein Al Meeza, Islamic Coin is taking management, and its future very seriously. Al Meeza’s reputation precedes him – an award-winning banker with over 40 years of experience spanning the Islamic banking, finance and insurance sectors, he was one of the key personalities involved in establishing Dubai Islamic Bank – the first fully fledged Islamic Bank in the world. Joining Al Meeza is co-founder Mohammed Alkaff AlHashmi, a computer science engineer with 18 years of experience, focusing on Industry 4.0, AI and IOT. AlHashmi is also CEO of MCPM MENA, MCPM Holding and UI Ventures, as well as Partner and Board Member of the Quant 7 fund. The Board also includes Khamis Buharoon AI Shamsi, the former Assistant Director of the Finance Division, and Assistant Director of the Internal Audit Division of the Central Bank of the UAE. Traditional Finance has also taken notice. The Executive Board welcomed Peter J Rafferty, a 20 year veteran of Abu Dhabi Investment Authority (a $600bn sovereign wealth fund), where he held various top management positions, including Portfolio Strategist, Senior Fund Manager and a Member of the Global Equity Department’s Investment Committee.
Islamic Coin’s Shariah Board is led by Sheikh Dr. Nizam Mohammed Saleh Yaquby, recognized by Bloomberg as ‘The Gatekeeper’ of a $2 trillion market for Islamic financial products. Sheikh Yaquby sits on the Shariah boards of top international finance including HSBC, Lloyds TSB and Barclays; France’s BNP Paribas and Credit Agricole and Citigroup.
Islamic Coin will be launching on Exchanges soon and plans to roll out multiple supporting features including a wallet and superapp.