Islamic Finance is a rapidly growing industry with over USD 3 Trillion of globally invested assets. Traditional social contracts in Muslim countries are prolific and well established, and have been proven to be of sustainable financial value to families and communities over centuries. Islamic DAO brings this asset class to advanced trustless investing over the blockchain.
As the home of Islamic crypto, Islamic DAO provides good governance, smart social contracts and Islamic financial inclusion to communities around the world. It is an organization driven and governed by its members - the global Islamic community. The planned Islamic Token will help to govern the DAO, ultimately positioned as the lifeblood of the future blockchain-enabled global Islamic economy. It will power Islamic DeFi and smart Mudarabah investments, creating unprecendented economic opportunity for millions around the world.
Islamic DAO enables crypto-powered stake and participation into private and public socioeconomic affairs. From electing your local mosque Imam to paying smart mehr for your Islamic marriage, Islamic DAO gives new meaning to Islamic empowerment. Islamic DAO is permissionless, which means it enables your direct participation in Islamic Finance without an intermediary involved.
As with most things Islamic, the safety of the DAO and confidence therein is underpinned by the provenance of Islam and the preponderance of the global Islamic community.