As the Muslim American community grows, there have been a number of traditional financial and investment firms that have been developed that have found ways to achieve moderate yields for their clients while abiding by Islamic teachings.
Historically, Islamically-appropriate vehicles for investment have remained within oil and gas as well as technology. As the nature of technology changes with the blockchain revolution, investors require experts in the field to map out the future for the average investor.
Islamic Finance boasts an almost $3 trillion USD finance industry backed by the rulings of Sharia scholars and religious experts, serving practicing Muslims across the globe.
63% of experts in Islamic finance believe that over the next five years, the degree of acceptance of cryptocurrencies and other digital assets in Islamic financing would rise, with 16% anticipating a considerable rise. With 20% predicting a sharp increase in the next evolution of the digital customer experience in Islamic finance, according to a report by the Association of Islamic Banking and Financial Institutions Malaysia and Bank Negara Malaysia.
Learn more about Islamic Finance in our Whitepaper.
Crypto Revolution: A Opportunity for Muslim Americans
Cryptocurrencies and the blockchain industry are growing stronger everyday. Much-needed financial infrastructure is being built and investors are increasingly able to access institutional-grade custody services within this maturing industry.
Professional and individual investors are gradually gaining access to tools needed to manage and safeguard crypto assets.
Cryptocurrency emerges as a strategic long term investment, as the economy moves towards widespread adoption, governments roll out progressive regulations and governments, banks and companies gain direct exposure to the cryptocurrency sector. Financial giants are calling for regulations and adoption, and banks and institutional investors are working directly with exchanges to make it easier to buy and sell cryptocurrency.
Smart contract technologies have significant potential to disrupt massive industries, and decentralized finance becomes a viable alternative to traditional financial structures that benefit the already financially powerful.
Learn more about crypto technology and the power of the blockchain in our Whitepaper.
With over $1.8 billion USD in zakat (2.5%) given in a single year, a rough estimate of the total buying power of Muslim Americans is more than $72 billion USD.
Islamifi ™ believes in the social, economic and financial power of Muslim Americans and endeavors to help the community reach new heights through strategic investments.
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