The 27th night of Ramadan at Masjid al-Haram in Makkah! Over 4.2 million worshippers and pilgrims performing Umrah attended the night. May Allah make us among the major beneficiaries of the month of Ramadan #Ramadan#Unprecedented
Article 4: GLN Property Chain: Tokenization Aligned with Sharia Principles
Tokenization transforms physical assets into digital shares, and within GLN Property Chain, it serves as a Sharia-compliant gateway to real estate investment. This process adheres strictly to Islamic transactional laws, ensuring that every step aligns with Sharia’s ethical and legal framework, offering Muslims a halal means to grow their wealth.
Here’s how tokenization works in this context:
- Tangible Asset Basis: Each token reflects a share of a real property, fulfilling Islamic finance’s requirement for investments to be backed by concrete assets rather than speculative constructs.
- Interest-Free Model: Investors buy tokens directly, with no riba involved. Profits arise from rental yields or property growth, permissible under Sharia as they are tied to asset performance.
- Full Disclosure: Smart contracts outline all investment terms—profit shares, property details, and management—ensuring transparency and eliminating gharar, as mandated by Islamic law.
The Process in Detail:
- Property Vetting: Only Sharia-compliant properties, uninvolved in haram activities, are selected.
- Asset Division: A property’s value is split into tokens—for instance, a $1 million asset into 10,000 $100 tokens—making ownership accessible.
- Profit Sharing: Income is distributed fairly via the mudarabah model, compliant with Sharia’s equitable principles.
- Ethical Trading: Token exchanges are permitted, but speculation is discouraged to align with the prohibition of maysir.
Advantages of This Model:
- Righteous Returns: Wealth grows through halal channels, free from prohibited practices.
- Risk Management: Fractional ownership across multiple properties reduces exposure, a prudent approach encouraged in Islam.
- Liquidity with Purpose: Trading offers flexibility, balanced with guidance toward long-term, ethical gains.
GLN Property Chain’s tokenization confirms its compliance with Islamic Sharia by anchoring investments in real assets, banning riba, and ensuring clarity. This approach redefines real estate access, making it a virtuous endeavor for all Muslims.
💫💥🎁To the GLN Property Chain/Sidra family Remember, the competition🎁 continues until the end of the holy month of Ramadan. Good luck to everyone.🤞
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The digital gold on Sidra Dex
what is it equal to? gold price👇
1Gram=$96
1ounce=$2996
1kg=$96350
1SDA = 0.1 Gold according to the transaction I made on the Dex
If the digital gold is = 1gram SDA price will be $9.6/SDA
if = 1 ounce SDA=$299
If =1kg SDA=$9635
I think it's 1ounce
🌙✨ The Biggest Event is Coming with the First Day of Ramadan! ✨🌙
Just days away from an astonishing surprise!
GLN Property Chain launches the 30-Day Challenge
The Greatest Ramadan, the Grandest Rewards!
🔥 Get Ready For:
Daily rewards like never before!
Exclusive chances to earn 🎁 tokens!
Unmissable Ramadan surprises ...
⏳ Our Date with You:
As soon as the crescent moon is sighted tonight
Full details will be revealed...
🌟 Stay Connected:
Join our Telegram channel
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Don’t miss the golden moment!
Ramadan Kareem 🌙✨
Goodness is coming... and rewards are doubled!
Let’s make this Ramadan unforgettable – contribute, earn, and grow with GLN Property Chain! 🚀
Link to contribute to the project
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!.......GLNs Global Boom....! 🔥
"📢 Exciting News for GLNs Holders! 🚀
Get ready for a game-changing experience! Our dedicated development team is working tirelessly 🕒💻 to create a cutting-edge mobile app that will revolutionize the way we connect! 📱
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@sidrachain@noumanmh@maljefairi
I feel proud of my project GLN property Chain and my team when I see the opinions of experts in the field and their evaluation of the project. This motivates us to do our best to overcome the difficulties for the success of the project. Here is the evaluation of one of the experts and friends in the following.💫👌💫
🔽🔽🔽🔽
Hi Eng. Hossameldin,
Thank you for sharing your project, GLN Property Chain, and for seeking my perspective. Your initiative to democratize real estate investment through blockchain technology is both timely and innovative.
Fractional Ownership: By tokenizing high-value properties, you're lowering the entry barriers for investors, allowing participation with smaller capital. A significant advancement in making real estate investment more inclusive.
Blockchain Transparency: Utilizing blockchain ensures transparency and security in transactions, which can enhance trust among investors and stakeholders.
Sharia Compliance: Aligning with Islamic finance principles opens up opportunities in markets where Sharia compliance is essential, potentially attracting a broader investor base.
Regulatory Landscape: Navigating the varying regulations across different jurisdictions can be complex. Ensuring compliance while maintaining the flexibility of your platform will be a critical challenge.
Market Adoption: Educating traditional investors about blockchain-based real estate investments may require substantial effort, as some may be hesitant to adopt new technologies.
Platform Security: As with any blockchain application, ensuring robust security measures against potential cyber threats is paramount to protecting investor assets and data.
GLN Property Chain presents a compelling proposition that addresses current limitations in real estate investment. Focusing on regulatory compliance, investor education, and platform security will be crucial to its success.
Wishing you the best in advancing this innovative project.
Best regards,
Jerry Koh
Thank you MR Jerry Koh I appreciate your kind words 🙏💕
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Mai Alfarma, Sarkin Musulmi, Alhaji (Dr) Muhammad Saad Abubakar, CFR, mni, Sultan of Sokoto, kuma shugaban musulmai na Nigeria, ya sanar da ganin wata yau Jumu'ah, kan cewa gobe Asabar shine 1 ga watan Ramadan na 1446AH in sha Allah.
Allah ka samu daga cikin wadanda zasu samu Aljannar Firdaus dalilin watan Ramadan, tare da iyayen mu da malaman mu da zurriyyar mu.