Company Information

Get to know ADAB Solutions

ADAB Solutions was established with the mission to create the First Islamic Crypto Exchange (FICE), operating on the principles of Islamic finance. The project, which conducted an Initial Coin Offering (ICO) for its native ADAB token, intended to provide a Sharia-compliant platform for cryptocurrency trading. This involved excluding activities forbidden by Islamic law, such as margin trading, speculation, and trading non-permissible assets. The company's goal was to serve the global Muslim community by providing an ethical and regulated digital asset trading environment. However, based on the cessation of public communications and development updates since 2019, the project is considered inactive.

Industry

Crypto ExchangePRIMARY
Crypto Cryptocurrency
Financial Other Service

Contact

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ADAB Solutions

United Arab Emirates

Founded in

2017 (9 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.