Trending...
- MoArk Dental & Implants Introduces Yomi Robotic Technology for Implant Surgery
- K-Drama Tours Expands Into K-Pop Experiences with New "K-Pop Demon Hunters" Tour in Seoul
- Kay Harper Unleashes Powerful New Single "Backwoods"
UAE-based fintech company to launch automated Zakat smart contracts targeting $3.8 trillion Islamic finance market
BUR DUBAI, UAE - Michimich -- 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 Michimich.com
"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 Michimich.com
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 Michimich.com
- Applications Now Open for Raymond James Gasparilla Festival of the Arts Emerging Artists Program
- DGiTK – Digital Technologies, LLC Announces Groundbreaking Partnership with Hyperscale Compute Partner to Revolutionize Data Sovereignty in the U.S
- Delirious Comedy Club Expands to Two Rooms and Secures Google's #1 Rated Comedy Club in Las Vegas
- SPOZZ, the Community-Owned Direct-to-Fan Music Ecosystem, adds "BEATS" — a Creator-to-Creator Marketplace
- Frankenmuth Dog Bowl and Frankenmuth River Place Shops Earn 19 International Awards
"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 Michimich.com
- DAECO Painting Sets the Gold Standard for High-End Interior Painting Services in Denver, CO
- Boston Industrial Solutions Expands Availability of Industry-Leading Primers to Mexico
- Unprescribed™ Introduces the Focus, Mood & Mind System™
- Texas Mechanic Unveils "Mighty Mule" Experimental Pontiac Engine—Delivering Over Triple the Factory Horsepower
- $20 Target in Noble Capital Markets Report Supported by Live Stream of 1ST Global Super League Kerala Event from AI Powered Sports Leader: $SEGG
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 Michimich.com
- Sine Nomine Associates: OpenAFS Google Summer of Code projects have been completed
- HuskyTail Digital Marketing Rings in Fall with Free SEO Audits for Local Businesses
- David White DDS Advances Implant Dentistry with New Technology Acquisition
- Final Countdown: The OpenSSL Conference 2025 Begins in One Week
- New Frontier Aerospace Appoints Industry Veteran Rich Pournelle as Director of Business Development
- AI's Urgent Energy Requirements Won't Be Solved By Trillions Of Dollars. Phinge's Patented App-Less Netverse Platform & Hardware Will Reduce This Need
- $750 Million Market Projected to Reach $3.35 Billion; Huge Opportunity for Superior Preservative-Free Ketamine Drug Treating Suicidal Depression $NRXP
- €6.4 Million in Contracts Across Multiple Countries; Smart City Developer; U.S. Expansion, and Announces Strategic Drone Tech Partnership; $AFFU
- CRYPTOCURRENCY: Lucrumia Exchange Platform Addresses Italian Traders' Growing Demand for Secure Digital Asset Trading
- NIUFO Launches Secure Trading Platform for Italian Market Seeking Stability After 20% User Decline
- OrderDomains.com Empowers Businesses with Premium Domains and Flexible Financing
- Cryptocurrency Trading: AHRFD Enters German Market with Institutional-Grade Infrastructure
- TSWHZC Launches Automated Copy Trading Platform for Brazil's 28 Million Crypto Users
- Keyanb Crypto Exchange Unveils Comprehensive Platform Architecture for Chilean Traders Seeking Lower Fees and Enhanced Security
- Phoenix Advocacy Network Launches to Amplify Survivor Voices and Advance Disability Rights
- Matecrypt Platform Delivers Comprehensive Solution for Argentine Traders with 200+ Cryptocurrencies and 2 Million Orders Per Second Processing
- Wzzph Exchange Expands Brazilian Market Access with Comprehensive Trading Platform
- CCHR: Prescription Psychotropics Fuel America's Addiction and Overdose Crisis
- The Truth Behind Egypt's Stolen Legacy: Livestream
- Digital Pharma Advances 2026: AI and Patient-Centric Strategies Transform Pharma Marketing