Trending...
- Peak 10 Marketing Expands Capabilities and Opens Doors to New Clients - 101
- How LIB's Temperature & Humidity Chamber & Walk-in Chamber Warranty Delivered Real Uptime
- Aktion Associates Acquires Deltek Practice from AMR Group
UAE-based fintech company to launch automated Zakat smart contracts targeting $3.8 trillion Islamic finance market
BUR DUBAI, UAE - OhioPen -- YuanziCoin (YNZS) today announced its groundbreaking blockchain platform that integrates Islamic finance principles with distributed ledger technology, designed to serve 1.8 billion Muslims globally who are currently excluded from conventional cryptocurrency markets. The platform targets the $3.8 trillion Islamic finance sector with patent-pending Shariah-compliant smart contracts and automated charitable giving mechanisms, with its initial coin offering scheduled for September 9, 2025.
The company's technology addresses a critical gap in the cryptocurrency sector, where traditional digital assets have failed to meet Islamic legal requirements prohibiting interest (riba) and excessive speculation (gharar). YuanziCoin's dual-token system, deployed on Ethereum and Binance Smart Chain, introduces the industry's first fully auditable Zakat smart contract that automatically calculates and distributes the mandatory 2.5% annual charitable contribution required under Islamic law.
More on Ohio Pen
"Current blockchain solutions fundamentally conflict with Islamic financial principles, excluding 1.8 billion Muslims from participating in the digital economy," said Dr. Fatima Al-Fihri, Chief Executive Officer of YuanziCoin. "Our platform demonstrates that technological innovation and religious compliance are not mutually exclusive."
The platform's core innovation lies in its Shariah Compliance Engine, which screens all transactions in real-time against Islamic legal standards. The system employs a three-layer audit framework combining artificial intelligence, certified Islamic scholars, and community verification nodes to ensure continuous compliance.
YuanziCoin has established partnerships with halal certification bodies across Southeast Asia and the Middle East, with plans to expand to 20 partner organizations by Q4 2025. The company's upcoming initial coin offering on September 9, 2025, targets raising $5 million to fund platform development and regulatory compliance initiatives.
The platform's dual-token economic model features YNZS as the primary token with a fixed supply of 2.1 billion tokens, serving payment, governance, and staking functions while backed partially by real assets including gold. The secondary YFuel token manages transaction fees and rewards through a burn mechanism that maintains supply-demand balance. This architecture enables cross-border remittances with 95% lower costs than traditional channels, addressing the $700 billion annual global remittance market where conventional services charge average fees of 6.3%.
More on Ohio Pen
Technical specifications include support for multiple blockchain networks through cross-chain bridges, integration with Chainlink oracles for real-time asset valuation, and institutional-grade custody solutions. The platform's roadmap includes tokenized sukuk (Islamic bonds) issuance and halal supply chain financing by Q2 2026.
About YuanziCoin
YuanziCoin is a UAE-based blockchain technology company developing Shariah-compliant financial infrastructure. Founded in 2025, the company's mission is to provide ethical digital finance solutions for the global Muslim community. For more information, visit https://www.yuanzicoinynzs.com/
Contact: Media Relations YuanziCoin sarah.chen@yuanzicoinynzs.com
The company's technology addresses a critical gap in the cryptocurrency sector, where traditional digital assets have failed to meet Islamic legal requirements prohibiting interest (riba) and excessive speculation (gharar). YuanziCoin's dual-token system, deployed on Ethereum and Binance Smart Chain, introduces the industry's first fully auditable Zakat smart contract that automatically calculates and distributes the mandatory 2.5% annual charitable contribution required under Islamic law.
More on Ohio Pen
- Youth Take the Lead: Kopp Foundation for Diabetes Hosts "By Youth, For Youth, With T1D" Gala on October 8 at Blue Bell Country Club
- Green Office Partner Named #1 Best Place to Work in Chicago by Crain's for 2025
- CCHR, a Mental Health Watchdog Organization, Hosts Weekly Events Educating Citizens on Important Mental Health Issues
- "Leading From Day One: The Essential Guide for New Supervisors" Draws from 25+ Years of International Management Experience
- Actor, Musician and Poker Player Nicholas Rascona to Take to ACR Poker Tables to Break Guinness World Record for Longest Marathon Playing Online Poker
"Current blockchain solutions fundamentally conflict with Islamic financial principles, excluding 1.8 billion Muslims from participating in the digital economy," said Dr. Fatima Al-Fihri, Chief Executive Officer of YuanziCoin. "Our platform demonstrates that technological innovation and religious compliance are not mutually exclusive."
The platform's core innovation lies in its Shariah Compliance Engine, which screens all transactions in real-time against Islamic legal standards. The system employs a three-layer audit framework combining artificial intelligence, certified Islamic scholars, and community verification nodes to ensure continuous compliance.
YuanziCoin has established partnerships with halal certification bodies across Southeast Asia and the Middle East, with plans to expand to 20 partner organizations by Q4 2025. The company's upcoming initial coin offering on September 9, 2025, targets raising $5 million to fund platform development and regulatory compliance initiatives.
The platform's dual-token economic model features YNZS as the primary token with a fixed supply of 2.1 billion tokens, serving payment, governance, and staking functions while backed partially by real assets including gold. The secondary YFuel token manages transaction fees and rewards through a burn mechanism that maintains supply-demand balance. This architecture enables cross-border remittances with 95% lower costs than traditional channels, addressing the $700 billion annual global remittance market where conventional services charge average fees of 6.3%.
More on Ohio Pen
- New Slotozilla Project Explores What Happens When the World Goes Silent
- The Two Faces of Charles D. Braun: How the Novel, Posthumously Yours, Came to Life
- "The Omniscient Buyer" Launches, Offering a Wake-Up Call for the AI Era of Sales and Marketing
- Counseling Center of New Smyrna Beach Expands Affordable Mental Health Services for Volusia County
- Rise & Rally:Her Legacy Invitational
Technical specifications include support for multiple blockchain networks through cross-chain bridges, integration with Chainlink oracles for real-time asset valuation, and institutional-grade custody solutions. The platform's roadmap includes tokenized sukuk (Islamic bonds) issuance and halal supply chain financing by Q2 2026.
About YuanziCoin
YuanziCoin is a UAE-based blockchain technology company developing Shariah-compliant financial infrastructure. Founded in 2025, the company's mission is to provide ethical digital finance solutions for the global Muslim community. For more information, visit https://www.yuanzicoinynzs.com/
Contact: Media Relations YuanziCoin sarah.chen@yuanzicoinynzs.com
Source: YuanziCoin
0 Comments
Latest on Ohio Pen
- Crimson Cup Congratulates 15 Independent Coffee Shops in 8 States Marking September Anniversaries
- CCHR: For Prevention, Families Deserve Truth From NIH Study on Psychiatric Drugs
- Sheets.Market Brings Professional Financial Model Templates to Entrepreneurs and Startups
- Webinar Announcement: Investing in the European Defense Sector—How the New Era of Uncertainty Is Redefining Investment Strategies
- AEVIGRA (AEIA) Analysis Reveals $350 Billion Counterfeit Market Driving Luxury Sector Toward Blockchain Authentication
- Galaxy Service Partners Announces Partnership with Thomas Door
- Her Magic Mushroom Memoir Launches as a Binge-Worthy Novel-to-Podcast Experience
- Century Fasteners de Mexico Hires Saúl Pedraza Gómez as Regional Sales Manager in Mexico
- Georgia Misses the Mark Again on Sports Betting, While Offshore Sites Cash In
- $40 Price Target for $NRXP in H. C. Wainright Analyst Report on Leader in $3 Billion Suicidal Depression Market with Superior NRX 100 Drug Therapy
- VidCliq Launches Faceless2Famous Project with AI Artist Truf as Podcast Host
- Nashville International Chopin Piano Competition Partners with Crimson Global Academy to Support Excellence in Education
- AHRFD Releases Market Analysis: Cryptocurrency Market's Institutional Transformation Accelerating
- Wellness Coach Zakiyyah Broadnax Joins the Dear Black Woman Anthology
- Summit Named to Columbus Business First's Fast 50 for the Fourth Time
- Ubleu Crypto Group Analyzes European Digital Asset Market Opportunities Amid Regulatory Evolution
- NIUFO Examines European MiCA Regulation's Impact on Digital Asset Trading Markets
- Wzzph Analyzes Crypto Market Maturation as Institutional Capital Drives $50B ETF Inflows
- GXCYPX Analyzes South America's Emerging Digital Asset Market Dynamics
- Keyanb Crypto Exchange Positions for Latin America's $600 Billion Remittance Opportunity Amid Global Regulatory Shifts