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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.
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"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%.
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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
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"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%.
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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
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