inshAllah Finance completed a $2.1 million seed round and launched Islamic DeFi services.

robot
Abstract generation in progress

[比推] The Islamic DeFi project inshAllah Finance announced the completion of a $2.1 million seed round financing, led by Alliance DAO, with participation from institutions such as Blockchain Builders Fund, Polymorphic Capital, Sancus Ventures, and several angel investors.

inshAllah Finance aims to combine Islamic finance with Decentralized Finance (DeFi) through the Solana network, providing financial services compliant with Islamic teachings for the global Muslim community of 2 billion. Its latest products include the Islamic-compliant yield-bearing stablecoin iAUSD and the zero-interest, low liquidation penalty lending protocol iABorrow.

DEFI-4.57%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
ZKProofstervip
· 07-02 06:02
actually another L2 with no proven cryptographic guarantees... just defi hype
Reply0
SmartContractWorkervip
· 07-02 04:52
Another new卷友 has arrived!
View OriginalReply0
AllInAlicevip
· 07-01 01:46
This order is so good!
View OriginalReply0
DefiOldTrickstervip
· 07-01 01:46
If this APY is less than 20%, I won't even look at it.
View OriginalReply0
BlockchainDecodervip
· 07-01 01:38
According to the data, the Islamic financial market has a volume exceeding 3 trillion, which raises the question of why DeFi products in this field have started so late.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)