Trending...
- The Truth About Mesomorphs, Endomorphs & Ectomorphs And Why You Are Not Reaching Weightloss Goals
- Inklet Press Announces Release Of The Third Book In The Children's Chapter Book Joylight Series
- PlaceBased Media Expands Point-of-Care Advertising Inventory Across U.S. Clinic Network
UAE-based fintech company to launch automated Zakat smart contracts targeting $3.8 trillion Islamic finance market
BUR DUBAI, UAE - Nyenta -- 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 Nyenta.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 Nyenta.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 Nyenta.com
- Independent Artist Djamee Releases Groundbreaking Holiday Album "Holiday With Djamee And Me."
- $750 Million Market on Track to $3.35 Billion by 2034: $NRXP Launches First-in-Florida "One Day" Depression Treatment in Partnership with Ampa Health
- Pink Elephant Party & Tents Elevates Holiday Celebrations on Long Island
- $750 Million Market Set to Soar to $3.35 Billion by 2034 as Florida Launches First-in-Nation One-Day: NRx Pharmaceuticals (N A S D A Q: NRXP) $NRXP
- BITE Data raises $3m to build AI tools for global trade compliance teams
"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 Nyenta.com
- Phinge Issues Notice of Possible Infringement, Investigates App-less AI Agents & Technology for Unauthorized Use of its Patented App-less Technologies
- South Florida Real Estate BocaRealty.com & BoyntonRealty.com Updated Websites for Buyers and Seller
- Huntington Learning Center of Russellville Marks 1 Year Anniversary; Extends Reduced Grant-Aligned Rates to All Students in Learning Center Services
- CCHR Supports Call to End Coercive Psychiatry at World Mental Health Congress
- purelyIV Expands Wellness Services with Flu/COVID Testing and Menopause Coaching & Treatment
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
Filed Under: Technology, Financial
0 Comments
Latest on Nyenta.com
- Saelig Introduces $396 AIM-TTi ATG1005 5MHz Function Generator
- Kaplan Morrell Law Firm Represents Former NHL Player in Workers' Compensation Case Drawing National Attention
- Local Lighting Experts Debut AI Christmas Decorator: Upload a Photo, Get Instant Professional Holiday Design-- Completely Free
- Emergency Court Hearing on Temporary Restraining Order in Raven v. NYS DEC Thursday, November 14, — Elmira, New York
- MBA Standards Board Marks Trustees' Week Honoring Leaders Shaping the Future of Business Education
- Ivy On Main Brings Back Thursday Night Prix Fixe Dinner — $45 for Two Courses
- Surf Air Mobility (N Y S E: SRFM) Accelerates Regional Air Mobility Revolution with Electra Aero Partnership, Palantir Alliance, and Record Revenue
- Cybersecurity is Fast Becoming a Vital Issue for Protecting Personal Information and Portfolio Wealth
- Keis To Joi Debuts "The KEIS Within Collection"
- 10 Essential Tips for Maximizing Value When Choosing Your Orlando Wedding Venue
- Americans Are Trading Offices for Beaches: How Business Ownership Enables the Ultimate Location Freedom
- Boston Industrial Solutions' Natron® DC Series Ink Has Had an Upgrade!
- Strategic Market Dynamics in Frequency Control and Timing Devices
- Colony Ridge Proudly Supports the All Ears! 2025 Sporting Clays Tournament
- Jacob Emrani Nominated for LA Executive Award
- Power Funding Solutions Surpasses $100 Million in Business Funding
- Kansas City Steak Company Shares the Return of Their Holiday Gift Box
- Why Gravity Racing for Diecast Cars Shines at Timber Creek Speedway
- The Icla da Silva Foundation Honors Dr. Selwyn Vickers, President and CEO of MSKCC
- Dr. Jay A. Johannigman Delivers Lecture at the John R. Border Memorial Lectureship in Buffalo
