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Sidra Start: An Innovative Platform for Shariah-Compliant Funding

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by Giorgi Kostiuk

2 days ago


In today's digital economy, entrepreneurs seek funding that aligns with their beliefs and values. Sidra Start offers a new opportunity for attracting investments based on Islamic finance principles.

What is Sidra Start?

Sidra Start helps entrepreneurs find funding that follows religious and ethical guidelines. The platform connects project creators with investors who value Shariah-compliant standards. Its main features include ethical business practices, the use of Sidra Digital Assets (SDA) tokens for transactions, time-limited campaigns, and the distribution of ownership among investors in successful projects.

The Technology Behind the Platform

The technical framework of Sidra Start is based on the Sidra Chain blockchain, a decentralized system adhering to Islamic financial principles. Sidra Chain operates without charging interest and blocks certain types of business activities. It also incorporates permitted financial instruments like Sukuk and Murabaha.

How the Platform Works

The funding process on Sidra Start involves comprehensive checks for moral and business compliance. Approved projects receive 60 days to attract investors, who invest through digital tokens. Successful projects distribute partial ownership to their supporters.

Sidra Start combines religious principles with modern technology to create a new model of business funding, allowing entrepreneurs to attract investments in compliance with religious standards.

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