TechFlow reported, according to Bitcoin.com, that the Sharia-compliant cryptocurrency project Islamic Coin has announced a $200 million investment from digital asset investment firm ABO Digital, bringing the total funding raised by the project to $400 million.
Islamic Coin also announced a partnership with UK-based company DDCAP Group to develop several Web3 solutions for Islamic finance, stating it is "building a game-changing financial platform that unites the ethics and traditions of Islamic finance."
Notably, Islamic Coin is built on its own Haqq blockchain, designed to strictly adhere to Islamic financial principles and traditions.
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