The startup operates a digital asset trading platform that enables secure trading of crypto assets in compliance with Islamic banking laws. Its technology includes a digital custodian, a professional trading interface with a screener, robotic trading capabilities, and extensive analytics to enhance user experience and decision-making.
Funding
$400M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many cryptocurrency trading platforms do not adhere to Islamic finance principles, limiting options for users who require Shariah-compliant investments. This lack of compliance prevents a significant segment of the population from participating in the digital asset market.
Solution
Haqqex is a digital asset trading platform designed to facilitate the secure exchange of cryptocurrencies in accordance with Islamic banking laws. The platform incorporates a digital custodian for asset protection, a professional-grade trading interface equipped with a screener, and algorithmic trading capabilities to automate strategies. Haqqex also provides comprehensive analytics tools to help users make informed decisions while adhering to Shariah principles.
Target Audience
The primary target audience includes individuals and institutions seeking to invest in digital assets while adhering to Islamic finance principles.
Features
- Shariah-compliant digital asset custody ensuring adherence to Islamic finance principles
- Professional trading interface with real-time market data and charting tools
- Integrated screener to identify assets aligned with specific investment criteria
- Algorithmic trading functionality for automated order execution
- Comprehensive analytics dashboard for portfolio tracking and performance analysis
- Support for spot trading of various digital asset pairs
- Order book visualization displaying real-time buy and sell orders
- Fiat currency on-ramps for easy conversion between traditional and digital assets