Islamic Coin

Islamic Coin, ticker ISLM, is the native currency of the HAQQ blockchain, a network designed to bring digital finance to the world's Muslim population while remaining compliant with Islamic ethical and religious principles. The project describes its audience as the roughly 1.8 billion Muslims globally who may wish to participate in blockchain-based finance without compromising their faith. It classifies itself as a Layer 2 and smart contract platform that sits within the broader Cosmos and Osmosis ecosystem.

HAQQ is built on a Proof-of-Stake consensus mechanism with fast finality, meaning validators lock up tokens to propose and confirm blocks rather than expending computing power. ISLM is the token used to pay transaction fees and participate in network governance on the HAQQ chain. The network's block time is recorded as zero minutes in the current data, which suggests sub-second or near-instant finality rather than a meaningful gap between blocks.

The data does not include a recorded fee revenue stream for HAQQ, so no figures for protocol income, fee recipients, or fee distribution can be stated. What the data does show is a total value locked of approximately 11.29 USD at the point-in-time snapshot, which is a very small figure and indicates minimal economic activity currently flowing through the protocol's on-chain applications. The circulating supply stands at roughly 3.74 billion ISLM against a maximum supply of 100 billion, meaning only about 3.74 percent of the total possible supply is currently in circulation and roughly 385 percent of today's circulating supply remains pending issuance, a dilution overhang figure that reflects how much additional supply could eventually enter the market.