Connecting Banks, Payment Systems and People
Blockchain Protocol: Stellar Network
As a Sharia Advisor, it’s always humbling when you encounter a perfect investment opportunity. Shari’a compliant design attract our attention with its simplicity, is universally understood by investors, and does not sacrifice returns with large agency fees.
Today, Stellar gave us one such perfect piece – through its platform that connects banks, payments systems, and people. With a distributed network of global servers Stellar allows the movement of money quickly, reliably, and at almost no cost. It helps you create and design a new set of business environment through a specialized native asset known as Lumen. For example, Lumen can help your investment navigate from one side of the country to the other, transfer units with investors instantaneously, or even offer incremental payment options to customers. The best part is that you don’t have to pay huge sums to manage your accounts. You can visit the Sharia guidelines we designed for Stellar here.
We expect Stellar to become an international obsession in the Islamic financial markets. All in all, we built our Shari’a Advisory platform to help make such amazing experiences possible in the Islamic industry, but the investments that you can build on Stellar is what will truly make Sharia compliance come alive.
We can’t wait to see what you will build on Stellar!