BarakaFi Launches First Web3 Islamic Finance Platform
BarakaFi Launches First Web3 Islamic Finance Platform
🕌 Halal DeFi Finally Arrives
BarakaFi has launched as the first Web3-based Islamic finance system, introducing a significant innovation in decentralized finance.
Key features:
- Peer-to-peer transactions instead of traditional DeFi asset pooling
- Shariah-compliant financial services
- Secure blockchain infrastructure
- High-performance architecture
The platform addresses a key limitation of current DeFi systems by eliminating asset pooling, which conflicts with Islamic finance principles. This makes digital financial services accessible to users requiring Shariah compliance.
GM Degens! BarakaFi.com is live! Welcome to the Islamic Banking on #Web3! 👉 its compliant 👉 its Peer-2-Peer 👉 Its secure 👉 its on high-performance #blockchain Join in! #Crypto #CryptoTwitter
BarakaFi is LIVE! ▀▄▀▄▀ On @The_HaqqNetwork By @smartcredit_io ✜ Access assets like $USDC using $ISLM, $stISLM, or $DEEN as collateral ✜ Deposit assets as liquidity and generate yield Start Now: barakafi.com/about/
GM Degens! We are excited to announce that BarakaFi.com - the first ever #Web3 Islamic Finance system is live! But why Islamic Finance? Because: 👉 #DeFi today is using pooling of assets 👉 Islamic Finance requires Peer-2-Peer instead of Pooling Thats why
@Baraka_Fi_ is live! The first-ever halal onchain P2P financing is now live on HAQQ and available to everyone, marking a major milestone in opening doors for Muslims to engage in DeFi to access assets and generate yields! Developed and brought to you by @smartcredit_io 🤝