HalalChain is a classic POW(Proof-of-Work) based on the BlockDAG( Directed-Acyclic-Graph) consensus protocol, which aims to achieve the desirable balance among security, openness, fairness and scalability.
By investing in the Smart Sukuk, the Token holder (investor) invest their fiat savings to a diversified Sukuk portfolio consisting of Shariah compliance securities with an international investment grade credit rating and a listing on one of the world’s leading stock exchanges.
Smart Sukuk in Islamic economy is a tokenization by collecting funds from investors in exchange for Sukuk Tokens representing an ownership portion of the Sukuk investment.
Islamic banking has been continuously developing new Shariah compliant products that both alter their ability to compete with conventional banks and alter their risk taking and risk mitigation profile.
The use of Blockchain technology holds great potential across the Islamic economy and finance industry. A key principle of Islamic economy is based on having enforceable contracts which are fair, transparent & agreeable between the parties that engage in a banking transaction.