• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Sidra Chain: Blockchain for Shariah-Compliant Financial Transactions

user avatar

by Giorgi Kostiuk

8 months ago


Sidra Chain is a blockchain platform specifically designed for Shariah-compliant financial transactions, offering transparency and cost-efficiency.

Islamic Finance Principles on the Blockchain

Sidra Chain's operations center on Shariah compliance, avoiding interest and investments in prohibited sectors. It provides financial instruments like Sukuk and Murabaha in line with these principles.

The Three Main Components of the Sidra Ecosystem

Sidra Chain includes three main components: the network itself, Sidra Coin, and an integrated digital bank, allowing users to engage in Shariah-compliant financial transactions leveraging blockchain technology.

Practical Applications of Sidra Chain Technology

Sidra Chain is actively used for cross-border payments, halal supply chain management, and fundraising for Shariah-compliant projects.

Sidra Chain provides blockchain-based Shariah financial solutions, enhancing accessibility and transparency in Islamic financial operations. Its success will hinge on resolving technical issues and improving information accessibility.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Implementing a Calculated Rebalancing Strategy

chest

Rebalancing can enhance returns in volatile commodity markets.

user avatarSon Min-ho

Mitigating Contango Drag in Commodity ETFs

chest

Strategies to avoid performance drag caused by futures roll in commodity ETFs are essential for investors using futures-based products.

user avatarAyman Ben Youssef

Preshents PRSH Finance Introduces Innovative Sustainable Financial Model

chest

Preshents PRSH Finance has launched an innovative financial model that connects financial performance to verified sustainability impacts using blockchain technology.

user avatarTando Nkube

Tax Optimization Strategies for Commodity ETFs

chest

Investors are advised to choose the correct legal structure for commodity ETFs to avoid complex tax implications.

user avatarSatoshi Nakamura

EU Investigates Deutsche Boerse and Nasdaq for Suspected Cartel Behavior

chest

The European Commission has launched a formal antitrust investigation into Deutsche Boerse AG and Nasdaq Inc. over suspected cartel behavior in derivatives trading.

user avatarNguyen Van Long

HyroTrader Focuses Exclusively on Cryptocurrency Trading

chest

HyroTrader has positioned itself as a leading crypto prop firm focusing on digital assets and innovative trading features.

user avatarJesper Sørensen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.