Company Information

Get to know Muslim Xchange

Muslim Xchange was founded to address the need for a cryptocurrency exchange that aligns with Islamic finance principles. The platform facilitates the buying, selling, and trading of digital assets while ensuring all operations are free from interest (Riba), excessive uncertainty (Gharar), and gambling (Maysir). Its mission is to empower the global Muslim community to participate in the digital economy without compromising their faith-based values by offering a secure and ethically-grounded trading experience.

Industry

Crypto ExchangePRIMARY
Financial Other Service

Contact

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Muslim Xchange

Canada

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.