Start now →

Muslim Coin (MSLM) — Halal Utility Crypto for the Global Ummah

By Info Muslimcoin · Published May 13, 2026 · 4 min read · Source: Blockchain Tag
EthereumBlockchain

Muslim Coin (MSLM) — Halal Utility Crypto for the Global Ummah

Info MuslimcoinInfo Muslimcoin3 min read·Just now

--

Muslim Coin (MSLM) is a Shariah-compliant utility cryptocurrency that powers Muslim Chain, the world’s first native blockchain designed according to Islamic finance principles. The project combines blockchain innovation with ethical financial standards to create a transparent and inclusive digital ecosystem for the global Ummah.

All transactions within the ecosystem are structured to avoid riba (interest), maysir (gambling), and excessive gharar (uncertainty). By aligning modern blockchain technology with Islamic values, Muslim Coin aims to provide ethical financial solutions that serve both Muslim communities and anyone seeking value-driven alternatives in the digital economy.

Mission and Vision

The mission of Muslim Coin is to build the first 100% Shariah-compliant blockchain ecosystem for the global Ummah. Its objective is to deliver ethical and inclusive financial infrastructure that adheres to Islamic principles while promoting transparency, trust, and fairness.

The project’s vision is to encourage peaceful, value-driven blockchain adoption worldwide. Through technology, Muslim Coin seeks to foster interfaith harmony and shared prosperity by making ethical financial services accessible to a global audience.

Muslim Chain Technology

Muslim Chain is the underlying blockchain of the ecosystem. It is designed to provide transparency, security, and fairness while enforcing Islamic finance principles directly within its architecture.

The blockchain uses a custom MSLM-20 token standard developed to exclude prohibited activities such as riba, gambling, alcohol-related businesses, and other non-halal practices. Governance is maintained through a unique 313-node model that balances Islamic scholars, developers, and community representatives to ensure both decentralization and continuous Shariah compliance.

The platform also plans to support Ethereum Virtual Machine (EVM) compatibility, allowing developers to migrate existing smart contracts and build decentralized applications within a halal-compliant environment.

Tokenomics and IEO Structure

Muslim Coin has a maximum supply of 999,999,999 MSLM tokens. The allocation is divided equally between ecosystem development and blockchain enhancements to support sustainable growth and technological advancement.

The token was introduced through an Initial Exchange Offering (IEO) conducted via trusted exchanges. Each token was offered at a fixed reference value of 1 MSLM = 1 USDT, with a minimum purchase of 10 MSLM. All tokens purchased through the IEO are locked for one year to encourage long-term participation and reduce volatility.

The IEO was scheduled for April to May 2026, with a soft cap of $100,000 and a hard cap of $500,000.

Governance and Strategic Partnerships

Muslim Coin is governed by a community-driven and scholar-anchored structure. The Shariah advisory board is led by Sheikh Yasir Arafat and includes Mufti Muhammad Hashim, along with advisors specializing in finance, Islamic law, logistics, and community development.

The Muslim Logs ecosystem collaborates with multiple partners, including Mustory, HealConscious, Qanoonee, Craftanium, and Muslim V Logs. These partnerships expand the ecosystem into decentralized finance, NFTs, health technology, and digital media.

Use Cases and Ecosystem Applications

Muslim Coin supports a wide range of practical applications within a unified halal blockchain ecosystem. These include peer-to-peer payments, decentralized finance, zakat and charity distribution, NFT marketplaces, halal e-commerce, supply chain traceability, health-tech platforms, and IoT identity integration.

The platform is designed to be globally accessible, enabling anyone with an internet connection and a compatible wallet to participate. Its energy-efficient architecture also supports scalability and sustainability.

Roadmap and Future Development

The project roadmap includes the MSLM coin launch, security audits, MSLM-20 handbook release, mainnet deployment, cross-chain interoperability, governance implementation, real-world asset integration, NFT marketplace development, user-friendly wallet creation, and expansion of the global community through 2027.

Additional launches include partner projects such as Qanoonee, Mustory, Craftanium, and Muslim V Logs.

Legal and Shariah Compliance

Every aspect of Muslim Coin is designed under the supervision of Islamic scholars to ensure adherence to Shariah standards. Non-halal financial mechanisms are removed or replaced with compliant alternatives.

The project also plans to publish security audits and formal compliance reports to strengthen transparency and maintain investor confidence as legal and regulatory frameworks evolve.

Leadership Team

The core leadership team includes Saad B. Murtaza (Founder and COO), Arfat Khan (Co-Founder and CIO), Muqeet Dadabhoy (Co-Founder and Interim CFO), Syed Taqiuddin (Chief Technical Officer), and Taha Farooqi (Chief Marketing Officer).

Together with a diverse advisory board, the team combines expertise in finance, technology, and Islamic ethics.

Conclusion

Muslim Coin (MSLM) represents a unique fusion of blockchain technology and Islamic finance. By introducing a fully Shariah-compliant blockchain ecosystem, the project aims to provide ethical, transparent, and globally accessible financial services for the Ummah and beyond.

With strong governance, real-world applications, strategic partnerships, and a long-term roadmap, Muslim Coin seeks to shape a future where digital assets support fairness, accountability, and shared prosperity.

Official Website: https://www.muslimcoin.co/
Research Paper PDF: https://drive.google.com/file/d/1_TcMYn_98WZ4rxl4Z1Nb1bsUg8WA-uca/view

This article was originally published on Blockchain Tag and is republished here under RSS syndication for informational purposes. All rights and intellectual property remain with the original author. If you are the author and wish to have this article removed, please contact us at [email protected].

NexaPay — Accept Card Payments, Receive Crypto

No KYC · Instant Settlement · Visa, Mastercard, Apple Pay, Google Pay

Get Started →